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Key Facts from London Tech Week 2015

London's tech sector contributes £18 billion to the economy and employs nearly 200,000 people, a 17% increase since 2010. The number of tech companies in London has grown 46% since 2010. More than 1,000 international tech investment projects have moved to London in the last decade, more than Paris and all of France combined. The UK has seen 8 new unicorns added in the past year, with a total valuation of $3 billion on average. Men make up 86% of London tech companies and are more likely to receive VC funding. A lack of diversity remains as many companies have few or no women on their boards or in senior management.

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Kirsty Styles
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752 views1 page

Key Facts from London Tech Week 2015

London's tech sector contributes £18 billion to the economy and employs nearly 200,000 people, a 17% increase since 2010. The number of tech companies in London has grown 46% since 2010. More than 1,000 international tech investment projects have moved to London in the last decade, more than Paris and all of France combined. The UK has seen 8 new unicorns added in the past year, with a total valuation of $3 billion on average. Men make up 86% of London tech companies and are more likely to receive VC funding. A lack of diversity remains as many companies have few or no women on their boards or in senior management.

Uploaded by

Kirsty Styles
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

regulars

data

LONDON TECH WEEK FACTSHEET


All of the key facts from #LDNTechWeek2015

SEEDLINGS
Tech is expected to contribute

18bn

to Londons economy in 2015

The sector now employs


almost

The number of companies


in Londons tech sector has
grown

200,000 46%
1

people,
thats

17%

since the launch of Tech City


in 2010

More than

1,000

international tech investment


projects moved to London in
the last decade. Beating #2
Paris on

381

more than in 2010

and the whole of France, on

853

UNICORNS

17
40

18

The magic number is

of the

European tech companies that


have achieved IPO or been
valued at $1bn-plus in the past
year started in the UK

representing both the total


number of new unicorns
added to the UKs list, and
the number in our largest
contributing sector, fintech

The average valuation across


all of these European firms has
now reached

$3bn

HUMAN BEINGS
Men are

86%
1

from

to
making 2014 the most
successful year since 2000

of respondents stating they


are university graduates.
Of those,

23%

of London tech companies admit to having an all male board

15%

have no women in their senior management team

39%

said that women hold less than a fifth of senior management roles

Sources: 1) Oxford Economics 2) EY 3) GP Bullhound 4) Wayra


5) Tech London Advocates

AUTUMN 2015 techcitynews.com

33%
30 40

80%

male-led startups getting


this kind of cash for every
female-led

The number of European


unicorns has grown

Theres a clear academic


divide in the UKs startup ecosystem, with more than

more likely to get VC funding


than women, equating to
almost

68%

also have parents who went to


university

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