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London dominates tech start-up investment in Europe

UK tech investment is on a high and London-based firms attracted the lion’s share of funding, according to a market survey by London & Partners. British tech firms attracted more venture capital funding than any other European country in 2017. According to data compiled for London & Partners by PitchBook, venture capital investment into the UK’s tech sector reached an ...

Welsh chip design IP firm gets funding boost

Wales-based analogue IP re-use firm Thalia Design Automation has secured $865k (£640k) funding in its latest round. The firm said it has achieved “significant customer traction within the last 18 months”. Thalia also plans to recruit more analogue IC developers. The company has developed technology for transferring RF, analogue and mixed-signal IP designs to silicon, using its design automation technology. ...

LinkedIn co-founder Reid Hoffman invests in UK seed investor

Entrepreneur First, the London-based start-up seed investor, has secured £9.5m in funding and its backers include California-based venture capital firm Greylock Partners led by LinkedIn co-founder Reid Hoffman. Entrepreneur First (EF) was founded by Alice Bentinck and Matt Clifford in 2012, and it has helped seed over 120 technology companies. Most notably London-based artificial intelligence start-up, Magic Pony, which was bought ...

Government’s start-up fund cannot replace EU money post Brexit

UK is proposing to enter the venture capital arena with the creation of a National Investment Fund which will target British start-ups. The hope is to create more UK-based unicorns, these are new firms valued over $1bn. But it is also a way of replacing European investment in UK start-ups. British businesses still rely heavily on funding from the European ...