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Tech investment growing faster in the North

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16 Apr 2018

Tech companies in the North have attracted investment faster than anywhere else in Europe over the past five years, according to research commissioned by Prolific North.

Private equity investment in the region's tech sector has grown by 619% in the period between 2012 and 2017, ahead of the Netherlands (586%) and London (424%).

The exclusive research confirms that while London remains the European powerhouse of tech investment, the North as a region is now a serious player in the eyes of capital investors.

Recent multi-million pound investments from private equity firms have included Leeds-based Pharmacy2U has also recently raised £40m and Leeds-based XR Games has received a $2.6m in seed investment.

You can see the full story at Prolific North.