AI, big data and robotics are London's fastest growing areas for investment Startups.co.uk: Starting a business advice and business ideas

Artificial intelligence (AI), robotics and big data are fuelling venture capital (VC) investment into London's technology sector, according to research from the founders of London Tech Week. Analysis of VC flows into the capital's tech sector found that AI and machine learning have proved particularly attractive, securing £85.75m in 2016 – 20 times the £3m raised in 2011. The sectors have collectively attracted £207m in VC funding over the last five years, with companies such as Deep Mind and Magic Pony leading the charge. Meanwhile, after raising just £40,000 in 2014 and £70,000 in 2015, more than £14m was ploughed into London companies developing robotics and drone technology last year. However, financial technology (fintech) has attracted more funding that any other tech sub-sector, amounting to £2bn in VC investment over the last five years.