Analysis

February 22, 2023

Is London losing its European tech lead?

Founders and startup advisers say that the UK is 'freeriding' on its past successes, and risks losing its European lead as public commitment to tech dwindles


Amy O'Brien

7 min read

At $1tn in market value, the UK tech industry is the third most valuable in the world after the US and China. For a decade, UK tech has consistently received the most investment out of any European country, and its 50 unicorns account for almost a third of Europe’s 166-strong herd. 

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Amy O'Brien

Amy O'Brien is a freelance reporter covering Italian tech. She was previously Sifted's fintech reporter

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