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London leads Europe for tech investment: study

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London is the top choice in Europe for venture capital investment in technology firms, according to a study by the promotion agency for the British capital.

The city’s buoyant tech sector saw more than double the level of investment of its closest European rival Berlin in 2018 and so far this year, research commissioned by London & Partners found.

The trend has accelerated in recent years, despite continued uncertainty around Brexit following Britain’s 2016 referendum on European Union membership.

London & Partners unveiled the study, by research firm PitchBook, at the start of London Tech Week which was opened by Prime Minister Theresa May.

Source: france24.com

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