State of European Tech

5 min read

Highlights from the UK & Ireland

Tech companies in the UK & Ireland — and in London in particular — attract more capital than any other European nation. The region has cemented itself as a European tech leader, but how is it maintaining its lead, and which challengers are catching up to it?

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The UK’s success stems from its strong domestic talent pool, an abundance of VC firms looking to deploy capital, and a thriving innovation ecosystem that catalyses growth.

To emulate this, European nations must support founders with policies that attract world-class talent, capital, and key ecosystem players. By prioritising these elements, other European regions can develop fertile environments for startups to scale, fostering growth across the continent.

Glen Waters

Head of Early Stage Banking, HSBC Innovation Banking UK