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Key facts from the report:

Digital tech sector GVA grew nearly 6x faster than the rest of the UK economy in 2018 - contributing £149bn to the UK economy and accounting for 7.7% of UK GVA

Digital tech employed 2.9m people in the UK in 2019, an increase of 40% from 2017 (now accounting for 9% of the national workforce)

95 UK companies valued at between $250-$800m in the UK in  2019 - a 27% increase from 2018 - set to become the tech unicorns of the future, of which there are 77 in the UK

25% of Europe’s top 20 highest investment tech cities are in the UK - Manchester, London, Bristol, Oxford and Cambridge.

About Techcelerate Ventures

Tech Investment and Growth Advisory for Series A in the UK, operating in £150k to £5m investment market, working with #SaaS #FinTech #HealthTech #MarketPlaces and #PropTech companies.

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