Mayor of London Sadiq Khan poses during an interview with Reuters at an event to promote the start of London Tech Week, in London, Britain, June 10, 2019. REUTERS/Dylan Martinez
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Technology startups in London attracted a record 2.56 billion pounds ($3.26 billion) of venture capital investment in 2019 through May 31, according to data published by London & Partners, the city's official lobbying arm.But London Mayor Sadiq Khan said the capital's prowess was contingent on other cities around the country being successful and shouldn't be seen as a threat.The figures also illustrate the dominance of the capital's appeal: despite cities like Cambridge, Bristol and Edinburgh all being home to top scientific universities and notable tech firms, London captured four fifths of Britain's total 3.17 billion pounds of technology VC funding for the year so far.
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