London tech saw 29% drop in VC funding but still raised more than any other EU city in 2018

Investments in London-based technology companies fell by 29 percent in 2018, but tech firms in the U.K. capital still managed to attract nearly double the amount raised by their counterparts in other European cities.

The annual findings were published by London’s promotional firm London & Partners, in tandem with data and research company PItchBook.