

GovTech Academy
236 posts

@GovTechAcademy
Bringing the benefits of digital disruption to government and public services







British firms have received nearly a third of European venture capital tech funding so far this year, new data shows, as investors flock back to London and Cambridge bolsters its credentials as an international hub. VC investment in the UK tech sector came in at £7.4bn for the first half of 2024, up 16 per cent from the same period last year and representing 32 per cent of the European total, according to figures from Dealroom. Britain sailed past its continental rivals, raising more than France and Germany combined (£6.8bn) and five times Switzerland’s total (£1.25bn). The increase was driven by a rebound for London, which saw a 30 per cent jump in investment to £5.3bn. This figure was ahead of Paris (£2.4bn) and Stockholm (£940m). Continue reading here 👇 cityam.com/uk-sweeps-a-th…


















