The UK also leads the continent in overall funding, unicorns, andstartupnumbers.

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The department also noted the UKs focus on standards and values.

UK named Europe’s top tech sector with $1 trillion valuation

DCMS claims its taken a less centralized approach than that of the EU.

A large chunk of this figure comes from Britishfintech, which dominates Dealrooms list of the most valuable startups.

The Amsterdam-based organization named Worldplay, a payments software firm, as the UKs most valuable tech company.

The top five also included Revolut, FNZ, Rapyd, and Blockchain.com.

Rounding out the rankings were The Access Group, Checkout.com, Global Switch, JustEat, and ION Group.

The combined valuation of the top 10 is $177.9B almost 20% of the entire ecosystem.

Green energy also attracted growing investment a shift thats set to accelerate in the coming years.

Story byThomas Macaulay

Thomas is the managing editor of TNW.

He leads our coverage of European tech and oversees our talented team of writers.

Away from work, he e(show all)Thomas is the managing editor of TNW.

He leads our coverage of European tech and oversees our talented team of writers.

Away from work, he enjoys playing chess (badly) and the guitar (even worse).

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