High levels of funding, jobs and salaries have helped Manchester be named as the second regional tech city in the 海角视频.
New analysis for the 海角视频’s Digital Economy Council by Dealroom and the smarter job search engine Adzuna has placed the city in second spot, behind Cambridge and ahead of Oxford.
According to the figures, Manchester companies raised £170m in funding in 2020, which has increased to £209m in 2021.
Some of the biggest rounds this year were from Telecom Group (£63m), Peak (£45m) and Orka Technology (£29m).
There are nearly 10,000 available job opportunities in Manchester, according to the data, a 164% increase from last year’s figures, with an average advertised salary of £52,144.
Other cities in the top ten of the Levelling Up Power Tech League 2021 include Edinburgh, Bristol, Leeds, Birmingham, Newcastle, Cardiff and Belfast.
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Greater Manchester-headquartered Matillion became a tech unicorn during the year after it raised $150m in a funding round led by a US investment giant with stakes in the likes of Gymshark, BuzzFeed and Squarespace. The move valued the business at $1.5bn.
CEO Matthew Scullion said: "These figures are evidence that high-growth start-ups are thriving all across the 海角视频, and it’s no surprise to see Matillion’s home of Manchester appearing so highly.
"While the city has not always had the playbooks, flow of capital, or awareness that we can build unicorns, the data shows that's changing and doing so rapidly.
"Of course, Manchester is the birthplace of the industrial revolution and where software was invented.
"Yet, the growth of the city’s tech ecosystem is testament to its embedded grassroots talent, engineering pedigree and pragmatism, and can-do entrepreneurial spirit.
"These are the core pillars that are supporting an increasing number of Mancunian technology companies to provide returns to investors, create high quality/high culture jobs, value diversity and add value to the wider economy.
"We’re very proud to have played our part in this upwards trajectory, as the region’s most recent (and only enterprise software) unicorn, and we hope we can play our part in making the flywheel spin even faster in over the coming years."