Inside Europe’s tech hubs: Does London have what it takes to remain No. 1?

The U.K. is the No. 1 country in Europe for tech by many accounts.

In 2023, British startups raised $21.3 billion, their third-highest total on record, according to a report from Dealroom and HSBC Innovation Banking.

It’s the No. 1 location in Europe for funding — with France coming in second, raising $9.2 billion last year — although it remains well behind the U.S. and China.

In the mid-2010s, the U.K., and London in particular, saw a boom…