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Our news pick of the week – Monday 10/6/2018
Foreign investment in UK technology firms doubles in just one year
The UK’s tech sector is soaring ahead of its competitors in Europe, attracting more venture capital investment last year than Germany, France and Sweden combined.
British tech businesses attracted $7.8bn of funding last year, which was almost double the amount received in 2016. Research by Dealroom and Tech Nation showed that the UK’s venture capital investment last year was higher than Germany’s total of $3.2bn and France, which brought in $2.8bn. See the full article here.