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The Mayor of London Praising Tech startups for driving the British economy  British technology companies raised $3.6bn from venture capitalists in 2015, as strong investor appetite for London-based start-ups and fintech groups resulted in record levels of tech investment flowing into the country. The UK tech sector received 70 per cent more funding from VCs last year, compared with 2014, with start-ups gaining just $2.1bn in 2014, research reveals. London’s Silicon Roundabout:[pictured above] the UK capital has yet to produce a company the size of Facebook or Google Though GOOGLE Eric Schmidt approval that UK has 100% potential to conceive a billion pound online tech startup. Speaking to BBC Radio 4's Today program , Mr Schmidt said that "Britain is the leader in e-commerce in the world, far ahead of the United States . The majority of the funding was obtained by London-based tech groups, which raised a total of $2.28bn, an increase of $1.3bn on the sam...