Edinburgh Identified as Leading European Tech Hub

Investment and advisory firm GP Bullhound brings Titans of Tech and Northern Tech Awards to the capital. Edinburgh’s position as a leader in the global digital technology sector was confirmed today when GP Bullhound, the investment and advisory company, announced that the capital is one of it’s European tech hub hotspots. In addition GP Bullhound
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The potential of the North’s burgeoning tech sector will only be realised if the availability of capital becomes more visible, an investment summit has heard. A study by international investment bank, GP Bullhound, last year identified a number of Northern businesses which it considered to be strong contenders to hit $1billion in value within the
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Finance leaders set out investment potential in the North

There are twelve $1 billion tech businesses in the North and investment in Northern tech companies is at a 10-year high. However in order to capitalise on the opportunities around high-potential small businesses in the North – particularly the fast-growing tech sector – visibility of capital needs to improve.
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The day after Britain officially began its Brexit breakup with the European Union, representatives from 100 tech companies with a combined revenue that topped $2 billion gathered at The Boiler Shop, an old railway building reborn as an event’s space in the northern city of Newcastle. There, the Northern Tech Awards, organised by tech-focused investment advisory
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Top tech firms in the North hit £1.9bn revenue

The top 100 fastest growing technology companies in the North generated £1.9bn in revenue last year, according to data compiled by tech investment bank GP Bullhound. Hugh Campbell, managing partner of GP Bullhound, said: “After years of huge potential, Northern tech companies now command the valuations and deals worthy of international recognition.
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