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London s not calling for Par Equity, as VC firm targets £100M at UK startups in the north

Any conversation centered on the U.K. tech scene often has a strong center of gravity around the south of the country to many, "the U.K." and "London" may as well be the same thing. A recent House of Commons Committee report on venture capital allocation pointed to "uneven levels of VC investment" across the U.K., with the so-called "golden triangle" of London, Oxford and Cambridge attracting some 80 percent of the country's total investment. The lion's share around 70 percent of the total is poured into the Greater London region, as per Dealroom data.

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