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London is the leading city in the world for creating technology for social good, with 19 of the top 100 so-called “tech for good” startups, products and inventions, coming from the capital. A teddy that can read childrens vital signs to help make a diagnosis, a device that means your iPhone can detect malaria and [...]
London’s financial technology (FinTech) sector has received more than half of all European FinTech venture capital (VC) investments made so far this year, a record $539m (£342.6m) and triple the amount raised in 2013. The new figures from London & Partners come as London Mayor Boris Johnson leads a FinTech trade delegation in Singapore today [...]
Just four years after the Prime Minister and the mayor of London launched the Tech City initiative, London now has one of the fastest growing technology sectors in the world. Visitors to any of its tech hubs will be struck by the industry and dynamism of the capital’s entrepreneurs and startups, driving innovation and change. [...]
Political debates over the benefits and drawbacks of immigration will no doubt rage on for years to come. But while the opposing sides pick apart the evidence over the impact of migrants on the public purse, one thing is clear: London’s tech ecosystem faces a very significant skills shortage. Government should be doing all it [...]
Singapore venture capital fund Infocomm is setting up shop in the capital, bringing its $200m (£124m) fund to startups in London and the rest of Europe for the first time. The move was spurred by the momentum in the capital's tech sector and the new outpost makes permanent an 18 month “commuter relationship” with the city, [...]
European tech startups, including two teams from London, went head-to-head yesterday in the first round of a battle at Disrupt, one of Silicon Valley’s biggest annual tech conferences, which is currently in London for the first time. London startups Lobster – an online marketplace for regular people to licence their photos and videos – [...]
Mike Butcher believes that London’s tech scene has the ability not only to compete with the likes of Berlin and Stockholm, but to rival Silicon Valley. As editor-at-large of technology blog Techcrunch, Butcher has seen the capital’s tech hub around the so-called Silicon Roundabout at Old Street mature into a developed community, large enough to [...]
In Holborn last week, a three year-old London-based company held a party to celebrate reaching £250m of business since its inception. If that doesn’t sound impressive, by the time the event was held, MarketInvoice was already nearing £270m. “We seriously underestimated repeat usage,” says co-founder and chief executive Anil Stocker. “Companies see how the platform [...]
London tech firms attracted a record $1bn (£626m) of venture capital investment in just the first nine months of 2014. The mammoth figure is more than 10 times what tech groups raised from venture capital firms (VCs) in the whole of 2010. Fundraising in London’s tech sector is currently up over 30 per cent on [...]
WHILE London Technology Week may not yet rival London Fashion Week for glamour, there is real substance to the capital’s tech boom. This is why, for the first time, TechCrunch is bringing its Silicon Valley conference to London this October. A number of things are driving this tech boom. London has long acted as a [...]
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