UK tech investment grew faster than the US and China in 2019, study says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

UK tech investment grew faster than the US and China in 2019

But fintech wasn't the only sector seeing significant growth. Emerging industries like artificial intelligence, so-called "deep tech" and clean energy also saw huge inflows. Health firm Benevolent AI raised $90 million and virtual reality company Melody raised $60 million, while in energy Ovo raised $260 million from investors.

Still, Britain's total deal amount far outstripped that of its continental rivals with $13.2 billion invested in the country's tech start-ups.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Good to hear. Hope it was companies trying to avoid the EU.

JrThatcher Jeez. Thanks Brexit uncertainty.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China vehicle sales fall 8.2% in 2019: industry associationAuto sales in China fell 8.2% in 2019, data from the country's biggest auto... يارب تتمتع خالص. هشّه جدا. وسائل أمان تحت الصفر. ثبات القياده فيها = مراجيح. الكراسي = اسوأ من كراسي الفصل ايام الدراسه Many families have bought their first car in the last 5 years. That may be the reason.
Source: Reuters - 🏆 2. / 97 Read more »