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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