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London technology investors bet $2bn on mirroring success of Silicon Valley

New technology funds have raised $2bn in London in the past five years, as venture capital flows into Europe's growing start-up scene. A Financial Times analysis shows how local investors are following the lead of Silicon Valley's investors, who have a long history of lavishing cash on California's tech groups with stunning results. The analysis shows that since 2010 about 25 new venture capital funds have been established in London. The data focuses on funds that have not seen an 'exit', meaning the companies in the VC firm's investment portfolio that have not yet been sold or achieved an IPO. The FT analysis, which used data collated from VentureSource and other public sources, also reveals that London's new venture capital funds are getting larger over time.

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

 

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