Growth accelerated this year (see chart) and bodes well for 2015. Interesting too how London based firms' share has grown so dramatically from 2010 as amount raised has grown by a factor of 20.
Technology companies across the UK have attracted record levels of venture capital funding in 2014, with London-based tech firms securing more than 65 per cent of the total according to new figures released this morning. The data, which is compiled by London & Partners, the Mayor’s promotional company for London, show that technology firms in the capital have secured more than $1.4 billion in venture capital financing during 2014, double the amount raised in 2013 ($719 million). However, taking into account technology companies across the rest of the UK, including emerging tech hubs in cities such as Sheffield, Leeds and Manchester, VC investment rises to more than $2.1 billion