UK’s technology investments surge in H1 2012

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UK’s technology investments surge in H1 2012

About GBP596m has been invested during H1 2012.

The venture capital investment in technology firms located in the UK and Ireland during the initial six months (H1) of 2012 has been the highest in ten years, according to a new research.

According to a new research carried out by finance firm Ascendant, about £596m has been invested in UK technology firms during H1 2012, when compared to the £786m invested for the complete 2011.

The research also revealed that total venture capital investment reported 27% rise to £297m in the second quarter of 2012 (2Q12) when compared to £234m invested during the same period in 2011.

Read full article (cbronline.com) >

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