London Technology Week 2015 & Innovate Finance: Money talks Keynote. A snapshot of UK's Funding Landscape.

1. London
Technology
Week
2015
&
Innovate
Finance:
Money
talks:
VCs
take
the
stage
Snapshot
of
UK’s
Funding
Landscape
Gerard
Grech
CEO,
Tech
City
UK
@techcityuk
|
@gerardgrech

2. 2!Tech
City
UK
Who
are
we?
Launched
by
the
UK
Prime
Minister,
David
Cameron,
in
2010
to
support
digital
entrepreneurship
in
Tech
City.
Our
aim
is
to
help
create
the
optimum
set
of
conditions
for
entrepreneurs
in
London
&
cities
in
UK
by:
1. Delivering
programmes
that
fill
market
gaps
across
the
whole
lifecycle
of
digital
businesses
(e.g.
Digital
Business
Academy)
2. Providing
an
agile
and
responsive
feedback
loop
to
government
to
help
shape
the
right
policies
(e.g.
Visas)
3. Championing
and
connecting
the
digital
sector
in
the
UK
and
internationally
(e.g.
Tech
Nation)

3. Investment
in
London
tech
companies
in
2014
was
20x
what
it
was
in
2010.
2x
in
2014
vs
2013.
0
200
400
600
800
1,000
1,200
1,400
1,600
2010
2011
2012
2013
2014
Amount
Invested
(millions)
+$1.35bn
VC
investment
in
London
tech
companies
is
20x
what
it
was
in
2010
UK
companies
raised
30%
of
all
European
VC
money
in
Q4
‘14
Source:
CB
Insights/London
&
Partners,
2015

4. More
funds
now
exist,
opening
new
opportunities
and
securing
the
growth
potential
of
talented
teams

5. 5
Policy
conditions
for
growth
are
ripe.
Even
for
exit.
The
London
Stock
Exchange
recently
introduced
the
high
growth
segment.
>1Bn
>£1Bn
20%
corporation
tax
(joint
lowest
in
the
G7)
Seed
Enterprise
Investment
Scheme
Visas:
Entrepreneurs’
Visa,
Exceptional
Tech
Talent
Visa,
Investor
visa
R&D
Tax
Credits
&
Patent
Box
to
fuel
more
innovation

6. Europe
now
has
40
unicorns
(£1B
valued
digital
businesses).
17
(42%)
in
the
UK
Source:
GP
Bullhound,
2015

7. 7
Recent
significant
UK
acquisitions
$675M
$527M

8. Our
Future
Fifty
Programme
in
numbers
22
Funding
Rounds
£675M
in
16
months
4
IPOs
17,000
employed

9. 2
scale-­‐up
stories
(from
the
Future
Fifty
program)
$1bn
valued
business
Est.
2011
Est.
2008
>50M
registered
users

10. 92%
Avg.
growth
of
companies
in
London
!
!
companies
surveyed
nationwide
1.46m
employed
in
tech
across
the
UK
50%
of
digital
companies
founded
since
2008
!
!
Big
Data:
47K
companies
>200K
employed
in
tech
in
Inner
London
London’s
notable
strengths:
Data
Management
&
Analysis,
Software
Development,
AI
Marketplace,
E-­‐
commerce,
Creative
industries
(Eg.
music,
fashion),
FinTech
&
AdTech
2500+
Core
Research
Partners:
London
is
at
the
heart
of
a
wider
UK
digital
ecosystem
where
investment
opportunities
exist
across
a
Tech
Nation

11. Rich
Ecosystem:
Key
HQs,
>30
tech
accelerators
&
>70
co-­‐working
spaces
and
several
support
orgs

12. Thank
you
for
your
time
@techcityuk
|
@gerardgrech
Gerard
Grech
CEO,
Tech
City
UK
Thank
you
for
your
time
Visit
our
website
and
downl
our
reports
or
join
one
of
o
programmes
techcityuk.com
@techcityuk
Gerard
Grech
@gerardgrech
CEO,
Tech
City
UK