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LONDON TECH WEEK FACTSHEET
All of the key facts from #LDNTechWeek2015

SEEDLINGS
Tech is expected to contribute

£18bn

1

to London’s economy in 2015

The sector now employs
almost

The number of companies
in London’s tech sector has
grown

200,000 46%
1

people,
that’s

17%

2

since the launch of ‘Tech City’
in 2010

1

More than

1,000

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

381

more than in 2010

2

2

and the whole of France, on

853

UNICORNS

17
40

18

3

The magic number is

8

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 UK’s 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

4

from

to
making 2014 the most
successful year since 2000

4

of respondents stating they
are university graduates.
Of those,

23%

5

of London tech companies admit to having an all male board

15%

5

have no women in their senior management team

39%

5

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%

4

male-led startups getting
this kind of cash for every
female-led

The number of European
unicorns has grown

There’s a clear academic
divide in the UK’s startup ecosystem, with more than

4

more likely to get VC funding
than women, equating to
almost

2

2

68%

4

also have parents who went to
university