All of the key facts from #LDNTechWeek2015

LONDON TECH WEEK FACTSHEET

UNICORNS

SEEDLINGS

HUMAN BEINGS

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AUTU M N 2015 • techcitynews.com

17 of the

40 European tech companies that have achieved IPO or been valued at $1bn-plus in the past year started in the UK

The magic number is

8representing 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

The number of European unicorns has grown

33% from

30 to 40 making 2014 the most successful year since 2000

Men are

86% more likely to get VC funding than women, equating to almost

2male-led startups getting this kind of cash for every female-led

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There’s a clear academic divide in the UK’s startup eco-system, with more than

80% of respondents stating they are university graduates.

Of those,

68% also have parents who went to university

Tech is expected to contribute

£18bn to London’s economy in 2015

The sector now employs almost

200,000 people,

that’s

17% more than in 2010

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

46% since the launch of ‘Tech City’ in 2010

More than

1,000international tech investment projects moved to London in the last decade. Beating #2 Paris on

381and the whole of France, on 853

23% of London tech companies admit to having an all male board

15% 5

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) Wayra5) Tech London Advocates

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