After Arm shunned a London listing in favor of New York, some VCs in the UK blame Brexit and institutional investors, who lack a good understanding of tech
- British chip designer Arm recently decided to list in New York, leading to worries that London will miss out on more blockbuster tech IPOs.
Number of UK unicorns grew 10x in the last decade, with invested capital growing from €1B/year to €13B/year, but some worry Brexit will counteract the change
Financial Times : Tweets: @nathanbenaich , @danielthomasldn , @financialtimes , and @tbraithwaite Tweets: Nathan Benaich / @nathanbenaich : The environment for UK tech founders has come leaps and bou...
Report: UK tech startups raised a record $15B in 2020, higher than any country besides US ($144B) and China ($44.6B), and $8B in the first three months of 2021
Tech sector pulls away from France and Germany despite pandemic and Brexit challenges — The UK tech sector attracted record investment … Source: Tech Nation .
Tech Nation report: UK tech companies raised £4.5B in 2017, almost double the previous year, despite fears over Brexit outcomes
Jeremy Kahn / Bloomberg :
Sources: after Article 50 was triggered to start Brexit, the European Investment Fund, a key source of capital for many EU VC funds, stopped backing UK VCs
Prominent industry figures say European Investment Fund turned off tap after UK triggered exit process.
Niklas Zennström's London-based VC firm Atomico, which is focused on European tech startups, closes its fourth fund at $765M
Atomico has raised a $765 million (£613 million) fund to invest in European technology startups, shrugging off any concerns that Brexit has made it harder …
Tech funding in Europe dropped 17% YoY to €3.4B in Q3 2016; decreased activity in UK and Germany to blame; number of total deals across Europe jumped 21% to 752
Shaheen Samavati / Tech.eu : Tweets: @imaarontaylor Tweets: Aaron Taylor / @imaarontaylor : EU tech funding down 17% in Q3. UK still top with €797m but well down from pre Brexit levels of €1.2bn in Q...
HP Inc. follows Dell in raising UK prices by 10% after Brexit weakens the pound; Lenovo and Cisco are reportedly still considering a price hike
Tom Mendelsohn / Ars Technica UK :