Megarounds Power London to Record $26 Billion in Tech Investment

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London kept up a blistering pace of technology financing last year, leading all other European cities with $25.5 billion in fresh investment.

The new funding into local tech companies was more than double levels from 2020, with firms across the entire U.K. raising about $40 billion, according to a report from the capital’s promotional company London & Partners, and data provider Dealroom.co.