UK tech: London has dominated tech investment in Europe this year, raising £8.6bn. Photo: Steve Marcus/Reuters UK tech companies have raised £12.4bn ($15.5bn) in venture funding since January, putting the country ahead of China when it comes to startup investment.

This means that tech startups in the UK have raised more venture capital funding in the first five months of 2022 than in the whole of 2020, when £12bn was secured, according to data by Dealroom analysed for the UK’s Digital Economy Council.

UK tech overtakes China with £12.4bn in startup investment comes via ChinaTechNews.com.