Despite Brexit the UK remains the leading European destination for Silicon Valley investors, with British tech companies raising more venture capital from Bay area VCs than any other European country, according to data released by London promotional body London & Partners, which says 2017 has already seen a record $1.13bn raised.
Over the last five years UK tech companies have received more venture capital investment from West Coast investors than France, Germany and Ireland combined, it says.
"Silicon Valley investors continue to pump large sums of money into UK tech companies despite Brexit, with 2017 already seeing a record $1.13bn raised since the beginning of the year," said London & Partners.
The findings have been released to mark the start of the annual Silicon Valley Comes to the UK (SVC2UK), a week-long series of events bringing together leading figures from the Bay area and UK tech scenes.