According to Forbes, tech companies in London have attracted $10.5billion in venture capital over the last year.
Sadiq Khan, the mayor of London believes that “London is the global tech capital of Europe” as the billion dollar venture capital hits records in both the UK and Europe.
Half of the $10.5billion funding arose from non-Europeans and 36% of it from North America. Many companies in Silicon Valley have been expanding their presence in the UK over the last year.
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