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Evening Standard
Evening Standard
Business
Michael Hunter

Boost for London tech investments as Claret Capital beats fundraising targets

Silicon Roundabout in Old Street is the centre of the capital’s tech scene

(Picture: Getty Images)

LONDON’s status as a major tech hub got a boost today after a new fund based in the City said it smashed its own targets to raise nearly £250 million to invest in start-ups.

Claret Capital’s successful debt-financing round comes at a torrid time for big-name tech sector stocks and is a vote of confidence in both London and the sector.

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