Huge surge in tech startup investment, but it’s time to move the focus from London
Date posted: 19 March 2015 | Posted in: Blog
The hype around the UK’s tech startup scene has been hard to ignore over the last 18 months.
Not only have we discovered unicorns (or at least popularised the moniker for $1bn startups) like Zoopla and Candy Crush designer King Digital, but a series of tech entrepreneurs have made the headlines.
It appears the hype started to turn into cold hard cash last year. Investment in the sector’s startups increased by 140% compared to 2013 and was almost three times higher than 2009, according to analysis of CrunchBase by Sisense.
Sisense’s graphic shows just how important venture and private equity funding was to driving this growth (view their interactive data panel here).