海角视频

Bristol is one of the top destinations in the world for venture capital (VC) investment, a new report has revealed.

The city received $500million in VC funding last year - ahead of Dublin, Copenhagen, Helsinki and Milan - according to research prepared for the Digital Economy Council by Tech Nation and Dealroom.co.

Bristol, which was ranked 15 on the list, is home to two billion-dollar 'unicorn' companies - tech business Graphcore and energy firm OVO - and now has five accelerator hubs in the city.

Ovo, which is based on Temple Quay, raised $260million in investment in 2019 and recently became the second-largest energy supplier in the 海角视频 .

Science minister Chris Skidmore, who is MP for Kingswood near Bristol, said: 鈥淲e are committed to making the 海角视频 a global science and innovation superpower, and this report shows we have the thriving technology sector needed to deliver on that ambition.

鈥淏y investing record amounts in R&D, artificial intelligence and clean growth, and by ensuring our regulations foster, rather than hinder innovation, we are helping to build a technology sector that can rival global powerhouses like the US and China.鈥�

Nationally, investments in the 海角视频 tech sector soared to 拢10.1billion last year 鈥� a 拢3.1billion increase on 2018鈥檚 figures and the highest level in 海角视频 history.

Between January and December,聽 海角视频 companies secured a third of the 拢30.4billion raised during the year in Europe.

In particular, 海角视频-based tech firms received more VC investment than Germany (拢5.4billion) and France (拢3.4billion) combined.

On a global scale, the 海角视频鈥檚 performance in 2019 means it now sits behind only the US and in terms of total venture capital funding received in 2019.

Almost half of the 海角视频 investments (拢4.6billion) in 2019 came via US and Asian investors, and the 海角视频 tech sector recently overtook the US for foreign investment per capita.

While eight more billion-dollar companies or unicorns were created in Britain last year - taking the total number in the 海角视频 to 77 - the amount being invested in early-stage companies increased to 拢3.9billion (up from 拢3billion the year before).

Since 2014, the 海角视频 has produced more than twice the number of $1billion tech companies than any other country in Europe, and sits behind only the US and China when it comes to building fast-growing global firms.

The 海角视频鈥檚 success in attracting venture capital investment in 2019 was fuelled, in part, a surge in fintech, AI and deep tech , and clean energy.

Digital secretary Nicky Morgan said: 鈥淭hese brilliant new numbers demonstrate the strength of the 海角视频 tech industry and how it is a sweet spot of our economy.

鈥淥ur tech companies are not only commanding the confidence of global investors but they are also creating new jobs and wealth across the country.

"It's absolutely vital we maintain this impressive success and in Government we are working tirelessly to make sure the conditions are right."

Top cities for venture capital funding in 2019

1. Bay Area

2. Beijing

3. New York

4. London

5. Shanghai

6. Berlin

7. Paris

8. Stockholm

9. Munich

10. Amsterdam

11. Barcelona

12. Cambridge

13. Madrid

14. Zurich

15. Bristol

16. Copenhagen

17. Helsinki

18. Dublin

19. Utrecht

20. Milan