When UK-based POWA Technologies managed to raise $76 million in a series A last month it turned a few heads. Why? Because it?s not every day that a British tech firm ? or any tech firm raising capital for the first time ? attracts such a large sum, and from a single American financier, no less. Does this mean that UK tech firms have graduated to the big time? Will U.S. venture firms descend upon the island nation in search of the next Tumblr? The likeliest answer is that the company has a produc...
The Secret Technology That Attracted $76 million And Could Eat Amazon's Lunch
Forbes - 13 Sep 2013 22:09
When UK-based POWA Technologies managed to raise $76 million in a series A last month it turned a few heads. Why? Because it?s not every day that a British tech firm ? or any tech firm raising capital for the first time ? attracts such a large sum, and from a single American financier, no less. Does this mean that UK tech firms have graduated to the big time? Will U.S. venture firms descend upon the island nation in search of the next Tumblr? The likeliest answer is that the company has a produc...
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