HotViews Archive

Skip Navigation Links.
Collapse 2019 (42)2019 (42)
Collapse May (42)May (42)
Encouraging signs from Sage in H119
17 May 2019
Moneysupermarket backs £11m Flagstone cash injection
17 May 2019
Investors show foresight backing Glasgow's Synaptec
17 May 2019
BrandHouse raises €4m to ply Asian trade
17 May 2019
Celebrating UK LawTech
17 May 2019
Maistro to blur out AIM listing
17 May 2019
Fujitsu takes action to return UK to growth
17 May 2019
Amazon Primes Deliveroo
17 May 2019
*UKHotViewsExtra* Expleo builds on its heritage
17 May 2019
*New Research*: Digital Enablement via Low Code Platforms
16 May 2019
LTI’s Syncordis strikes strategic partnership with Temenos
16 May 2019
LawTech networking event
16 May 2019
Important 'firsts' for Xero in FY19
16 May 2019
Sophos posts double digit FY19 revenue growth
16 May 2019
Probation services to be renationalised
16 May 2019
Police ICT Company halts £500m ICT partner contract
16 May 2019
New MD for Dynama
16 May 2019
Totvs finds hardware and software don’t mix – finally
16 May 2019
NEST seeks pensions admin partner for next phase
15 May 2019
Experian boosted by growth in North America
15 May 2019
Sanderson confirms strong H1
15 May 2019
Backers authenticate Authenticate’s supply chain platform
15 May 2019
NHS 111 Online hits one million
15 May 2019
Investors improve Urban’s wellness with extra dosh
15 May 2019
Capita puts workers on the board
15 May 2019
UK a hotbed for tech innovation and scaleups
15 May 2019
Advance of the robots
15 May 2019
Considered a career in teaching?
15 May 2019
Vodafone cuts investor dividends on €7.6bn loss
14 May 2019
Closed Loop Medicine gains £2.1m in pre-Series A funds
14 May 2019
Finastra's blockchain initiative looks to transform syndicated loans
14 May 2019
Ocado delivers funding for Karakuri’s fast-food robot
14 May 2019
Mimecast FY19 revenue up 32% yoy
14 May 2019
1Spatial maps out path to growth
14 May 2019
Ideagen to make it ten in a row
14 May 2019
*UKHotViewsExtra* AWS Summit London: public sector to the fore
14 May 2019
Eckoh enjoys strong momentum
14 May 2019
Backers chip in $5m for Agile Analog
14 May 2019
The ID Co looks to verify its credentials with £2m boost
14 May 2019
Latest TechMarketView research
13 May 2019
CentralNic doubles in size
13 May 2019
Ion's Acuris ambitions highlight rising fortunes
13 May 2019

UKHotViews©

 

Wednesday 15 May 2019

UK a hotbed for tech innovation and scaleups

pic“The truth is in the numbers”, as I always say. And the numbers just published in the latest report “UK Tech on the Global Stage” from Tech Nation, the UK network for tech entrepreneurs part funded by the Department for Digital, Culture, Media & Sport, demonstrate that tech innovation is alive and well and thriving in the UK.

Here’s just a taster:

  • Total venture capital investment in UK tech in 2018 reached £6.3bn, more than any other European country, of which 80% went into high-value scaleups.
  • The recent growth rate for London tech scaleups at 56% makes the cluster first in the world for scaleup growth.
  • With £5bn of scaleup investment, the UK ranks fourth in the world, after the US, China and India.
  • Scaleup tech investment was 2.5x higher than expected based on the relative size of the UK economy.
  • 35% of Europe and Israel's 169 unicorn tech companies have been created in the UK.
  • Investment in AI grew almost six-fold from 2014 to 2018.

TechMarketView has been a long-time supporter of UK tech SMEs, from startups through scaleups to mature success stories. Next week we will be hosting six more high-potential SMEs at our sixth Great British Scaleup Programme with our partners ScaleUp Group, the network of successful tech entrepreneurs responsible for over £4bn of exits. Our new Innovation Partner Programme takes this initiative one step further, partnering innovative UK tech SMEs with enterprise tech companies to help them scale up even quicker.

You can read the Tech Nation report here. The UK has much to be proud of.

Posted by Anthony Miller at '07:57' - Tagged: funding   scaleup  

Add a comment Add a comment Twitter   Facebook   LinkedIn   Email article link




© TechMarketView LLP 2007-2019: Unauthorised reproduction prohibited see full Terms and Conditions.