New data reveals that investment into Leeds-based tech companies broke聽Northern investment聽records in 2018, totalling $138 million (拢108.8m).
Across the UK, venture capital investment in tech broke new records in the first half of 2019, totalling $4.8bn (拢3.8bn)聽in the first five months of the year.
London attracted the most investment throughout the whole of 2018聽with 拢3.8bn, followed by Cambridge, Oxford and Bristol.
Leeds was the leading Northern city.聽Manchester came eighth, behind Cardiff and Edinburgh,聽with almost 拢60m.
Brighton and Glasgow rounded out the top 10, .
The data was revealed as part of Data Commons for UK Tech, a joint initiative by government-backed entrepreneur network Tech Nation and Amsterdam-based investment tracking platform platform Dealroom.
The new national database provides a 360-degree view of the 鈥榠nnovation economy鈥� across the UK for investors, entrepreneurs and policy makers.
The data commons is designed to provide investors and entrepreneurs with the information they need to develop their business plans and network with a broad range of potential partners within the ecosystem, to accelerate their growth.
Digital Secretary Jeremy Wright said the initiative was timely.
鈥淚nternational and UK-based investors are pumping record amounts of cash into our thriving technology industry and, as they arrive in the capital for London Tech Week, this new tool will provide them with a rich new open data source to inform their decisions,鈥� he said.
George Windsor, Head of Insights at Tech Nation said: 鈥淥ur team will work on the ground across the 11 regions and nations to encourage adoption and contribution to this resource and to make sure that it truly captures the entire ecosystem.鈥�
Yoram Wijngaarde, CEO and Founder at Dealroom, added: 鈥淭he Data Commons for UK Tech represents a special project for us.
鈥淎s a system that is open to all, we believe it will ensure that stakeholders in Britain鈥檚 innovation economy have the data and insights they require to make good decisions as well as encourage users to become part of a community in which data is shared for the good of everyone.鈥�