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TechNation: £6.8 billion in UK tech investment in 2016

Tech City UK just launched Tech Nation 2017, a comprehensive report on the UK tech sector.

The report mentions many interesting stats, including £6.8 billion in UK tech investment in 2016. We add some pan-European perspective using Dealroom Data below (5-page slide-deck).

TechNation 2017: Dealroom Perspective

Five take-aways:

  1. Reported £6.8 billion includes both private equity and venture capital
  2. Venture capital only is about £2-3 billion and flat or down vs. 2015 (depending on source used)
  3. In 2016, the remainder of Europe was rapidly catching up with the UK
  4. However, the UK and London are off to a strong start in 2017
  5. And UK remains a bedrock in terms of VC-backed exits: a strong indicator of long-term VC ecosystem health