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posted by janrinok on Wednesday May 08 2019, @06:59PM   Printer-friendly
from the still-kickin' dept.

Cash injected into the thriving tech sector from Europe jumped to a record high of £1.89 billion in 2018, up from £1.66 billion in 2017, according to new data from law firm Penningtons Manches.

The number of tech deals involving European funds rose marginally to 150 last year, compared to 149 deals in 2017, while the value of the deals rose by 14 percent, as the average investment size boomed.

The EU remains confident in the long-term prospects of the sector in the UK, the firm said, as the value of deals involving at least one EU investor rose to £1.53 billion, from £1.26 billion in 2017.

[...] The US remains the largest overseas investor in UK companies, with a third of the total funds secured by British firms coming from US backers. Silicon Valley remains a key source of investment, with 101 deals involving cash from the west coast of America.


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  • (Score: 2) by realDonaldTrump on Wednesday May 08 2019, @08:50PM

    by realDonaldTrump (6614) on Wednesday May 08 2019, @08:50PM (#840986) Homepage Journal

    They have a Politics Section. So the folks that like Politics can go to that one and see the political stories. And the folks that don't like Politics can "hide" the political stories. But, they don't put certain political stories in it. So EVERYBODY gets to see them. Great job!!!!

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