London Tech Week is happening this week (10-14 June). With 50,000 delegates, it’s one of Europe’s leading tech events, providing a platform for multiple events throughout the City.
Like last year, Dealroom.co prepared a new report for Tech Nation and the UK Government’s Digital Economy Council. The report already enjoyed extensive media coverage from Guardian, The Times, Evening Standard, Yahoo! Finance, Telegraph, City AM, and Forbes (twice).
This report is now public and full of new insights about the UK’s tech sector.
Below are just a few highlights from the report
Insight #1: UK ranks third globally for creating successful tech companies. In the last year alone, 13 UK-based startups crossed the $1Bn valuation threshold.
Insight #2: The UK has attracted the most venture capital in Europe between 2013 and 2018 – a total of $35Bn. It has led to the creation of as many unicorns as Germany, Sweden, Israel and The Netherlands combined.
Insight #3: London is only second to the Bay Area in terms of FinTech unicorns, outpacing financial centers such as New York and Beijing.
Insight #4: UK-based venture capital funds including Atomico, Balderton, Draper Esprit and others have raised record amounts of capital to invest in startups. UK funds have raised much more than Germany and France in 2018.
This report contains much more insights about the UK’s tech sector.
Accessing the underlying data: Data Commons for UK Tech
Dealroom.co and Tech Nation present Data commons for UK tech: Open access to the United Kingdom’s entire tech ecosystem online. Built by and for founders, investors, executives and tech enthusiasts.