+ 70% investment: VC fell in love with British Tech in 2015

by bold-lichterman

The British ecosystem continues to attract more and more investors. In the UK, tech companies raised $ 3.6 billion in 2015, according to a study by CB Insights and London & Partners published on January 6. This is a strong increase (+ 70%) since last year, they had raised 2.1 billion dollars. Such a performance brings to nearly 10 billion dollars the amounts raised in this sector since 2010, specifies the report.

If we look only at companies based in London, players in the Tech sector raised $ 2.28 billion in 2015, up 69% year on year. “Knowing that London companies account for over 60% of all funds received in the UK technology sector, it is clear that investors see London as offering a return on investment,” said Gordon Innes, CEO of London & Partners .

Several London nuggets

“Investors are increasingly drawn to the diversity of London’s tech ecosystem but also to our strengths in certain sectors such as FinTech,” says Eileen Burbidge, partner at Passion Capital. It must be said that many important rounds of funding have been completed in start-ups that innovate in banking and finance.

The money transfer start-up TransferWise, for example, raised $ 58 million at the start of last year, as did B2B financial services specialist Ebury (€ 83 million at the end of the year), or the Funding Circle crowdfunding platform (over $ 150 million).

But beyond FinTech, other start-ups have raised large sums such as the meal delivery service Deliveroo ($ 100 million), the furniture e-seller Made.com ($ 60 million). dollars) or the clothing marketplace FarFetch ($ 86 million).

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