The UK technology sector drew a record £29.4bn in investment this year, according to research, with Cambridge declared the country’s leading regional tech city.
The bumper injection of funding from venture capitalists, who invest in new companies by taking stakes in them, is more than double last year’s total of £11.5bn.
The number of unicorns – startup firms worth more than $1bn (£750m) – reached a high of 29 in 2021 including Depop, the British secondhand fashion resale app sold to US online
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