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London calling: UK capital top target for US tech expansion

London US tech expansion

London is the top destination for US tech firms expanding internationally and has drawn more tech investment projects from America in the last five years than any other global city.

New data shows the UK capital has attracted 251 tech investment projects that have created almost 9,000 new jobs, surpassing cities such as Singapore (154 projects) and Bangalore (121 projects).

“London is already the number one destination for American tech companies to expand, showing we are an unrivalled destination in Europe for US businesses to invest,” said Mayor of London Sadiq Khan.

The data, compiled by London & Partners and Dealroom, has been published to coincide with Khan’s current tour of the US to attract further tech investment to the capital....