The UK tech sector achieved its best year to date in 2021, creating a record number of unicorns, forming more futurecorns and increasing venture capital investment. With a 2.3-fold increase in start-ups and scale-ups in 2021 compared with the previous year, raising an impressive £29.4 billion in investment, the UK tech sector claimed a third of the total £89.5 billion of investment that flowed through the European tech ecosystem that year.