This week, new figures showed that UK technology start-ups attracted a record amount of venture capital investment in the first half of 2015.
This is a startling statistic for those of us in technology, particularly as we have heard the naysayers consistently question whether transformational companies can be built in the UK. It seems London is finally starting to prove the pessimists wrong by attracting meaningful amounts of capital for fast-growing technology companies.
It makes sense. Start-ups will drive a significant share of UK GDP growth. Just look across the Atlantic where 40 per cent of US GDP is generated by companies that did not exist 30 years ago, according to Sherry Coutu’s ScaleUp report.
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