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Four British VC funds investing in Northern tech startups

Northern VC funds
Image credit: Shutterstock / N.M.Bear

London is widely considered the tech hub of the UK and Europe – and with good reason. Last year, tech startups based in the capital raised a record £18.55bn, making it the fourth-highest city for VC investment globally. It also became home to a record 18,549 new tech startups.

But 2021 also highlighted the increasingly important role that regional tech hubs play in Britain’s tech ecosystem. In total, £9bn in VC funding went to startups and scaleups based outside of London and the South East.

In particular, tech startups based in the so-called “Northern Triangle” – encompassing Manchester, Leeds and Sheffield – have become a magnet for funding and innovation.

Over the last five years, tech startups based in the Northern Triangle have raised £1.3bn in VC funding....