2020, UK Leads Europe for Tech Sector Investment

2020, UK Leads Europe for Tech Sector Investment

09 Dec 12:00 by Daniel Knott


This week saw some great news for the UK in relation to the Tech Sector, London-based tech firms shrugged off Covid to attract a bumper $12.5bn (£9.3bn) of investment in the last 12 months - sucking in more cash than France and Germany combined and securing Britain's place as the industry's top European hub.

Figures from venture capital firm Atomico show that Brexit and the coronavirus pandemic have failed to knock the UK off from the head of the continent's league table.

Britain has led European technology funding for five years, the venture capital firms research showed. UK-based start-ups took $50bn in funding, 36pc of all investment in the five years since the start of 2016.

As IT Recruitment specialists Colossus Associates support many of these tech businesses and will continue to help them grow in 2021. It is an exciting time in the UK Tech sector and we are well placed with access to a varied range of vacancies across all specialisms. If you are looking for a role in the tech sector or you're ready to move on to another position, you should look no further than Colossus Associates, trust in us to find that perfect job for you. 

You can read further on UK Tech sector investment at Tech Nation. 

Photo by Vitalijs Barilo on Unsplash