2023: UK startups raise $21.3bn, third-highest record; London remains Europe's top tech hub, amid Brexit and US/China competition.
2023 saw UK startups raise $21.3bn, their third-highest amount on record. With a strong startup ecosystem, top-tier universities, and international investors, London remains a major European tech hub. Yet, Brexit fallout and low tech stock listings pose potential risks, as the UK lags behind the US and China. London's position as Europe's top tech hub is uncertain, as it competes with other European cities.
June 19, 2024
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