UK tech firms received record investment of £1.3billion despite decline predicted by Remainers
The figure is four times higher than four years ago, while funding for tech firms is at a six-month high
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BRITISH tech firms have attracted record investment this year — despite Remainer doom-mongers warning of a slowdown.
Venture capitalists pumped in £1.3billion in the first six months, four times the figure for the first half of 2013.
Some £1.1billion has gone to firms in London, where investment since last June’s Brexit vote is at least double that for any other European city.
London has attracted a total of £1.8billion in 544 deals since then.
Funding for tech firms is also at a six-month high, it is claimed.
Among the big winners was virtual reality start-up Improbable which got £388million.
Laura Citron, of London & Partners, the city’s official promotion firm, said: “The Brexit vote has understandably created uncertainty but London remains Europe’s leading hub for global investors.”