(MENAFN) London managed to stand at around USD2,892,531,200.00 in the capital investments for its technology startups during the first five months of the year.
Four fifths of the UK’s overall 3.17bn pounds of technology VC financing went to tech startups in London from January to May 2019.
Prime Minister Theresa May is likely to declare 153 million euro of financing for tech firms based in the UK, aiming to help businesses in quantum computing.
May stated: “if we are going to maintain our position as a global leader, our challenge is how we develop British tech and make it even better.”
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