London has maintained its edge as a leading tech hub in Europe after attracting more venture capital investment than any other region across the continent in 2018, according to latest figures.

The investment research, published by data firm Pitchbook, found that the UK capital’s tech firms boosted the amount of investment flowing into the UK, with London-based companies receiving £1.8bn, almost twice as much as their European counterparts. British tech firms accumulated £2.59bn worth of investment in total last year.

Fast growing sectors and innovation across emerging technologies such as artificial intelligence and blockchain have made the long-term growth prospects for London’s digital economy strong, the data indicates.

Rajesh Agrawal, Deputy Mayor of London for Business, said the outcome of Brexit will not impact London’s ability to remain open to “innovation, talent and investment from all over the world”.

“These figures demonstrate that London is going from strength to strength as a global hub for technology, innovation and creativity. The fantastic success of our tech sector is rooted in our city’s openness and our diverse, international talent pool,” he said.