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US and Asian investment in UK tech skyrockets

Posted On: 21 Aug 2019   |   Posted By: Tech City UK

US and Asian investment in UK tech skyrockets

The UK tech sector has attracted more foreign investment in the first seven months of 2019 than it did during the whole of last year, according to our latest figures .
$6.7 billion has been invested in UK tech companies in the first seven months of 2019
More than half of these investments have come from the US and Asia
UK tech has now overtaken the US for foreign investment per capita
The sector is averaging $1bn a month from both foreign and domestic investors
The top 30 foreign-funded companies have created more than 5,000 UK jobs
UK-based tech talent is being celebrated in Tech Nation's Bright Tech Futures Awards
Between January and July this year, UK-based tech firms received a staggering $6.7 billion in funding - with $3.7 billion, or 55%, coming from US and Asian investors.
View the full report deck on SlideShare >
The UK tech sector is attracting an average of $1bn a month in investment - one and a half times the amount raised during the same period last year.
During the second quarter of...

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