In 2024, the UK secured nearly a third of European venture capital tech funding, amounting to £7.4 billion in the first half of the year.
London saw a significant 30% increase in investment, reaching £5.3 billion, while Cambridge experienced an 83% surge to £517 million. This growth highlights the UK's resilience and appeal in the tech sector, driven by substantial investments in AI, fintech, and energy. The thriving tech ecosystems in these cities continue to attract major global investors.