Energy News  
SPACE TRAVEL
London heads European investment in tech sector: study
by Staff Writers
London (AFP) Jan 15, 2020

Investment in tech across Europe reached a record level in 2019, according to a study published on Wednesday, with London maintaining the number one spot despite Brexit uncertainties.

About a quarter of the $39.8 billion that was pumped into fledgling firms was in the British capital.

The $9.7 billion London attracted in 2019 was more than twice the amount in Berlin ($4.5 billion) and nearly three times more than Paris ($3.3 billion).

The study, for London & Partners which promotes the city, said the top three cities were now competing for investment with places such as New York, Beijing and the San Francisco region.

Financial sector start-ups were seen as driving the growth in investment as well as those in artificial energy and clean energy.

British financial firms that have raised funds include online banks Monzo and Starling, as well as money transfer specialist WorldRemit.

London has now been in the top spot for venture capital investment in European tech firms for the last four years.

It was also the European city that has seen the biggest number of "high growth unicorn tech businesses" -- new firms valued at more than $1 billion.

A total of 46 have been created in London since 1990, according to the study.

"Tech cities such as London, Paris and Berlin have helped to put Europe's tech sector on the map because they are home to world-class talent and are increasingly creating game-changing companies," said London & Partners chief executive Laura Citron.

The figures indicate that Britain is still an attractive destination for investors and entrepreneurs, despite the uncertainties of Brexit, which will finally take place this month.

France last year wanted to leapfrog Britain to become the European number one.

President Emmanuel Macron has promised more investment in financial institutions and to help grow tech sector businesses.


Related Links
Space Tourism, Space Transport and Space Exploration News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


SPACE TRAVEL
Dressed to connect: wearable tech expands all over the body
Las Vegas (AFP) Jan 10, 2020
From tiredness-detecting driving glasses to shin guards that judge the performance of footballers - we've come a long way since the early days of the pulse-measuring smart watch. Some of the very latest innovations in the burgeoning wearable tech sector were on display this week at the 2020 Consumer Electronics Show - offering improved ways to get online and keep on top of health issues. - The eyes have it - Smart glasses at CES sought to offer solutions to a variety of problems. Frenc ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

SPACE TRAVEL
Shocked meteorites provide clues to Earth's lower mantle

Aeolus winds now in daily weather forecasts

Evolving landscape added fuel to Gobi Desert's high-speed winds

Landsat 9: The Pieces Come Together

SPACE TRAVEL
China Focus: China to complete Beidou-3 satellite system in 2020

China's Beidou navigation system to provide unique services

From airport approaches to eCall in cars in 10 years with EGNOS

Satnav watching over rugby players

SPACE TRAVEL
Deforestation in Brazil's Amazon up 85 percent in 2019

Peru to plant one million trees around Machu Picchu

Indonesia equips forest rangers with guns in illegal logging battle

Biodiverse forests better at storing carbon for long periods, says study

SPACE TRAVEL
How to make it easier to turn plant waste into biofuels

EU project RES URBIS shows the viability of bioplastic generation with urban biowaste

From a by-product of the biodiesel industry to a valuable chemical

Low-temp photocatalyst could slash the carbon footprint for syngas

SPACE TRAVEL
Altus Power teams up with Blackstone to raise $850M for solar development and investment

Jolywood Supply N type solar panel to the biggest bifacial Solar plant in Middle East

Energy experts say the the 2020s will be the Decade of Solar

ib vogt sells and constructs 180 MWp PV plant in Spain

SPACE TRAVEL
Consider marine life when implementing offshore renewable power

Supporting structures of wind turbines contribute to wind farm blockage effect

Saving bats from wind turbine death

DTEK reaches 1 GW of renewable energy generation capacity in Ukraine

SPACE TRAVEL
New UK deep coal mine 'unnecessary': green group; As wind soars

Protests and outrage as Siemens backs Aussie mine project

Closing coal plants saves lives, boosts crop yields

Australian PM dismisses 'reckless' calls to curb coal

SPACE TRAVEL
'LOL!': China's informal, confrontational Twitter diplomacy

China conducting 'intense' global attack on rights: HRW

Hong Kong protest shoppers show their true colours

China defends barring Human Rights Watch head from Hong Kong









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.