What are the opportunities and challenges for digital tech founders in London?

Kane Fulton, May 10, 2019 1 min read

What does London have to offer ambitious digital tech entrepreneurs? We asked the following stakeholders and business leaders to find out. For granular data on London’s digital tech ecosystem – including its companies (and founders), accelerators, and workspaces – see Data Commons.
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Caroline Hyde, CEO, Allia Future Business Centres, says:

London is becoming more impact-driven with an increasing focus on areas such as recycling, eliminating single-use plastics, plant-based living, sharing and circular economies, and impact/ESG investing, to name a few. Technology has been a key enabler in effectively allowing social impact and tech for good companies to launch and thrive – and it will continue to do so going forward. We are seeing an increase in support for ventures who are balancing impact with profitability, with more investment coming into the market.

Tessa Clarke, cofounder, Olio, says:

London is a truly world-class city in which to build a tech business with global ambitions. We have access to arguably the best multi-cultural talent in the world, which is critical if you want to build an international business. We also have a thriving startup ecosystem which facilitates learning, connections and access to capital; as a result, this means it’s possible to go from idea to scale faster and more effectively than anywhere else.

Stephanie Eltz, CEO, Doctify, says:

The perfect building ground for a tech startup, London is fast-moving, hard-working and creative. There’s great access to talent in the capital, which is a dynamic city that attracts people from all over the world. For Doctify it’s also great as some of the best healthcare companies are here. As such, we are close to some of our major clients and this has allowed us to develop strong relationships.