The United kingdom Startup Ecosystem

Overview

The United Kingdom has a thriving startup ecosystem, particularly centered in London, which is a major global tech hub. As of 2023, the UK is home to approximately 30,000 startups. The UK government supports innovation through initiatives like the Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS), which provide tax incentives for investors. In 2022, UK startups raised over £30 billion in venture capital.

Size of the Market

The UK startup ecosystem is substantial, with around 30,000 startups as of 2023. In 2022, UK startups raised over £30 billion in venture capital, indicating strong investor confidence and a robust market for entrepreneurial ventures. This financial support is critical for the growth and sustainability of new businesses.

Key Strengths

Key strengths of the UK market include a strong financial sector, world-class universities, and a diverse talent pool. The UK is known for its strengths in fintech, healthtech, and creative industries. London is a hotspot for fintech innovation, housing numerous unicorns such as Revolut and TransferWise.

Major Hubs

London remains the central hub for startups in the UK, particularly excelling in fintech and creative industries. The city is home to numerous high-growth startups and unicorns. Its position as a global financial center attracts significant venture capital and talent.

Emerging Hubs

Other cities like Manchester, Edinburgh, and Cambridge are making significant contributions to the startup landscape. Manchester is known for its tech and media industries, Edinburgh excels in fintech and AI, while Cambridge is renowned for life sciences and advanced manufacturing.

Support Systems

The UK startup ecosystem benefits from a robust support network of accelerators, incubators, and co-working spaces. Programs like Tech Nation and Innovate UK have been pivotal in fostering a supportive environment for startups, providing access to resources, mentorship, and funding.

Challenges

Challenges for UK startups include uncertainties related to Brexit, which have impacted investor confidence and regulatory frameworks. The changing economic landscape requires startups to navigate new trade agreements and regulatory environments, which can be complex and uncertain.

Opportunities and Future Outlook

Despite challenges, the UK remains a leader in innovation and entrepreneurship, with significant growth potential. The UK's strategic location and strong ties with international markets provide startups with opportunities for global expansion. Additionally, the emphasis on sustainability and green technology is driving innovation in sectors such as clean energy and sustainable transportation.

Resilience and Adaptability

The UK startup ecosystem is characterized by its resilience and adaptability. Programs like Tech Nation and Innovate UK support continuous development. The emphasis on sustainability and innovation positions the UK as a key player in the global startup ecosystem. As the UK continues to adapt to post-Brexit realities, its startup ecosystem is poised for further growth and development.

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We found 1,352 VC firms in the United kingdom investing in Retail on Angels Partners

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Naoki K
Investing in Software (Web Marketplace Saas..) &b...
 Tokyo, expanding its ..., United Kingdom
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Previous Investments
  • Zoyi: $4500000000 (Later stage VC)
  • Minrevi: $1000000000 (Later stage VC)
  • BitStar: $300000000 (Later stage VC)
  • Base Food: $100000000 (Seed Round)
  • SuperFlex: $10199996 (Early stage VC)
  • Allganize: $10000000 (Later stage VC)
  • Bluzelle: $1500000 (Early stage VC)
  • Digix Global: $1250000 (Seed Round)
  • Trillium Incorporated: (Early stage VC)
  • Plum Fintech: (mid stage)
  • Railsbank: (mid stage)
  • Secret Double Octopus | Forget your Password: (mid stage)
  • Bitwala: (mid stage)
  • Healx: (mid stage)
  • Humanising Autonomy: (early stage)
  • Alpaca: (mid stage)
  • AWAKENS, Inc.: (early stage)
  • Mad Street Den: (early stage)
  • Seldon: (mid stage)
  • Source Defense: (mid stage)
  • Undo Ltd.:
  • Aspectiva:
  • CrediFi: (mid stage)
  • Loom Systems:
  • SCADAfence: (mid stage)
  • Fond, Inc.: (mid stage)
  • SiteAware (previously Dronomy): (early stage)
  • Soft Gear:
  • YouAppi: (mid stage)

Naoki K

Tokyo, expanding its investment activities in the US, United Kingdom

Investing In

Software (Web Marketplace Saas..) • IT (& TMT) • Media • Education • FinTech (& Financials services) • Hardware (& Manufacturing) • Retail (& E-Commerce) • Web Security (& Privacy) • Insurance (& InsurTech) • Investment Management

Description

Partner and Europe Office Representative at Global Brain Corporation

Partner and Europe Office Representative at Global Brain Corporation

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Dave McClure
Investing in Software (Web Marketplace Saas..) &b...
 Los Angeles , New Yor..., U.S.A. - U.K.
Investor Picture
Previous Investments
  • Ink: $6650000 (Seed Round)
  • ALL DAY MEDIA: $2301600 (Seed Round)
  • AstroPrint: $300000 (Seed Round)
  • Ezra: $4000000 (Seed Round)
  • HappyCo (Happy Inspector): $895000 (Seed Round)
  • LinkedIn SlideShare: $300000 (Seed Round)
  • TeachStreet: (Angel Round)
  • Tribal Credit: $1200000 (Seed Round)
  • HaulerAds: (Seed Round)
  • Price Technologies: $3800000 (Seed Round)
  • Exits.me: $1000000 (Pre Seed)
  • Terraformation: $5000000 (Equity Crowdfunding)
  • Ezra AI: $18000000 (Series A)
  • Ezra AI: $4000000 (Seed)
  • Tribal: $1000000 (Seed)
  • Goldbelly: $20000000 (Series B)
  • Goldbelly: $10000000 (Series A)
  • Goldbelly: $3000000 (Seed)
  • Zeuss Technologies: (Seed)
  • Movia: (Seed)
  • Price.com: $2000000 (Convertible Note)
  • TuckerNuck: $3000000 (Series A)
  • TuckerNuck: (Seed)
  • MoBagel: (Seed)
  • Headout: $2000000 (Seed)
  • Greentoe: $1000000 (Seed)
  • Greentoe: $1000000 (Seed)
  • CareGuide: $2000000 (Seed)
  • MakeLeaps: $600000 (Angel)
  • BugHerd: $930000 (Series A)
  • Womply: $20000000 (Series Unknown)
  • Womply: (Series Unknown)
  • ViralGains: $3000000 (Seed)
  • Partender: (Seed)
  • Partender: $50000 (Seed)
  • Tech.eu: $210000 (Seed)
  • CultureMap: $750000 (Seed)
  • Geekatoo: $500000 (Seed)
  • Binpress: $1000000 (Seed)
  • BuildersCloud: $1000000 (Seed)
  • Social Tables: $2000000 (Seed)
  • Stormpulse: $2000000 (Seed)
  • Life360: $10000000 (Series B)
  • Life360: $6000000 (Series A)
  • Mattermark: $400000 (Seed)
  • Riskpulse: $1000000 (Seed)
  • LookSharp: $4000000 (Series A)
  • LookSharp: $1000000 (Series Unknown)
  • LookSharp: $400000 (Angel)
  • WHILL: $1000000 (Seed)
  • Breather: $2000000 (Seed)
  • ERPLY: $2000000 (Series B)
  • Credit Karma: $30000000 (Series B)
  • Virool: $7000000 (Seed)
  • RolePoint: $5000000 (Seed)
  • Versus: $100000 (Seed)
  • 42Floors: $5000000 (Series A)
  • Nuzzel: $2000000 (Seed)
  • SpotHero: $50000 (Seed)
  • HappyCo: $900000 (Seed)
  • Behance: $7000000 (Series A)
  • VULCUN: $1000000 (Seed)
  • ecomom: $4000000 (Series A)
  • ecomom: $900000 (Angel)
  • ecomom: $1000000 (Angel)
  • Mocavo: $1000000 (Seed)
  • Gengo: $5000000 (Series A)
  • Gengo: $800000 (Seed)
  • Gengo: $750000 (Seed)
  • IMRSV: $810000 (Seed)
  • MakerBot: $10000000 (Series Unknown)
  • ToutApp: $350000 (Seed)
  • BizeeBee: $440000 (Seed)
  • Baydin: $380000 (Seed)
  • CapLinked: $900000 (Seed)
  • Hipster: $1000000 (Seed)
  • MoonFruit: (Series Unknown)
  • SimpleHoney: (Seed)
  • Graphicly: $4000000 (Series A)
  • Graphicly: $1000000 (Series A)
  • Zappli (Acquired by Shopzilla): $500000 (Seed)
  • Twilio: $12000000 (Series B)
  • Twilio: $4000000 (Series A)
  • Wander (f. YongoPal): $100000 (Angel)
  • Formative Labs: (Angel)
  • OneTrueFan: $1000000 (Seed)
  • Presto: (Seed)
  • WePay: $8000000 (Series B)
  • WePay: $2000000 (Series A)
  • Recurly: $2000000 (Seed)
  • Wildfire: $4000000 (Series A)
  • Postling: $350000 (Seed)
  • oneforty: $2000000 (Series A)
  • Kissmetrics: $1000000 (Series A)
  • Mashery: $7000000 (Series B)
  • Mashery: (Seed)
  • Mashery: (Seed)
  • Lyft: $300000 (Seed)
  • Mill River Labs: $900000 (Angel)
  • SlideShare: $300000 (Seed)
  • Mint: $5000000 (Series A)
  • EventVue: $440000 (Series A)
  • Simply Hired: $3000000 (Series B)

Dave McClure

Los Angeles - New York - London - San Francisco Bay Area - California, U.S.A. - U.K.

Investing In

Software (Web Marketplace Saas..) • PropTech • Education • Businesses Solutions • FinTech (& Financials services) • Retail (& E-Commerce) • HealthTech (& Fitness) • Developer tools • Real Estate (& Construction) • Consumer

Description

Most Interested In

Later stage investments

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Jonathan Nelson
Investing in Software (Web Marketplace Saas..) &b...
 Mountain View Califor..., U.K.
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Previous Investments
  • Mi Dulce Hogar:

Jonathan Nelson

Mountain View California - London - Amsterdam Netherlands - Sydney Australia - Santiago Chile - Copenhagen Denmark - Providence Rhode Island - Raleigh North Carolina - Valley California - Charlotte North Carolina - Mexico - China, U.K.

Investing In

Software (Web Marketplace Saas..) • IT (& TMT) • Education • Businesses Solutions • FinTech (& Financials services) • Hardware (& Manufacturing) • Retail (& E-Commerce) • CleanTech • A.I. (& Big Data) • HealthTech (& Fitness)

Description

Founder @hackers_and_founders - Portfolio companies raised over $60 Million. Hacking Silicon Valley - Launched @hf-fairchild-fund

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Kelvin Au
Investing in Software (Web Marketplace Saas..) &b...
 Singapore; London Uni..., U.K.
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Previous Investments
  • Metail: $4230000 (Early stage VC)

Kelvin Au

Singapore; London United Kingdom - U.K., U.K.

Investing In

Software (Web Marketplace Saas..) • Hospitality (& Events) • Media • Businesses Solutions • Retail (& E-Commerce) • Advertising • Analytics • Payments • Mobile • Online Social • Consumer

Description

Kelvin Au served as Chief Financial Officer at Metail. With a first class Computer Science degree from Imperial College and a geek at heart, he has spent the past decade immersing himself in the world of technology and venture capital, having been a proud investor in Metail since 2008. Prior to Metail, Kelvin was a venture investor at DFJ Esprit, one of Europe's largest technology VC funds focusing on the internet, software and mobile sectors. Kelvin also worked at Credit Suisse and HSBC where he provided M&A and financing advice to technology companies globally, and at IBM responsible for product development activities of their proprietary Java platform.

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Kevin Dorren
Investing in IT (& TMT) • Retail (& E-Commer...
 United Kingdom , Edin..., United Kingdom
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Previous Investments
  • TVSquared: $700000 (Seed Round)
  • Fine Coffee Club:
  • Nemuru: (early stage)
  • 21 Buttons: (early stage)
  • BMF Business School: (early stage)
  • UpBizor: (early stage)
  • World Mastery: (early stage)
  • Lánzame Capital: (mid stage)
  • Altirnergy Consultants Ltd: (early stage)

Kevin Dorren

United Kingdom - Edinburgh Scotland United Kingdom - U.K., United Kingdom

Investing In

IT (& TMT) • Retail (& E-Commerce) • Entertainment (& Sports) • Payments

Description

CEO at Parsley Box

Kevin Dorren is a Co-Founder and serves as Chairman, Chief Executive Officer and Head Chef at Diet Chef. He served as Board Member at TVSquared & Machine Labs. He also serves as Chairman at Parsley Box.

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Gregers Kronborg
Investing in Retail (& E-Commerce) • AR/VR
 , United Kingdom
Investor Picture
Previous Investments
  • Den glade bus med det lange lys - The Project Against Design Politics:
  • Mdundo.com: (mid stage)
  • Moonfare: (early stage)
  • Safe Online ApS:
  • DanBAN - Danish Business Angels: (mid stage)
  • EasySize: (early stage)
  • Tame: (early stage)
  • Circal ApS:
  • Danish Business Innovations Fund:
  • T-VIPS:
  • DVCA - Danish Venture Capital and Private Equity Association: (late stage)
  • Asetek A/S: (mid stage)
  • Northzone: (late stage)
  • Constantia Ejendom A/S:
  • COCOM:
  • Rulebreaker Ventures:
  • Bisballe Planning:

Gregers Kronborg

, United Kingdom

Investing In

Retail (& E-Commerce) • AR/VR

Description

Chairman and Advisor at Ocean.io

Chairman and Advisor at Ocean.io

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Gareth Healey
Investing in Retail (& E-Commerce)
 , United Kingdom
Investor Picture
Previous Investments
  • CampaignDeus:
  • Threedium: (early stage)
  • Aura Vision Labs: (early stage)
  • StyleAtom: (early stage)

Gareth Healey

, United Kingdom

Investing In

Retail (& E-Commerce)

Description

Helping marketing agency owners to build more profitable, enjoyable & valuable businesses.

Helping marketing agency owners to build more profitable, enjoyable & valuable businesses.

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Yj Chen
Investing in Retail (& E-Commerce)
 , United Kingdom
Investor Picture
Previous Investments
  • Hyper Reality: (early stage)
  • Stitch & Story: (mid stage)
  • Fashion Forward Lives (FFLives): (early stage)
  • Nextail Labs: (early stage)
  • Metail: (late stage)
  • TMG Co. Ltd.:

Yj Chen

, United Kingdom

Investing In

Retail (& E-Commerce)

Description

Founder at Hyper Reality - we deliver thrilling, cerebral experiences in our Neo-London world

Founder at Hyper Reality - we deliver thrilling, cerebral experiences in our Neo-London world

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Pascal De Mul
Investing in Retail (& E-Commerce)
 , United Kingdom
Investor Picture
Previous Investments
  • Smartline: (mid stage)
  • Deezer:
  • Octave Group:
  • De Mul Ltd.:
  • Lumia Capital: (mid stage)
  • Spotify: (mid stage)
  • Deshima Ltd.:

Pascal De Mul

, United Kingdom

Investing In

Retail (& E-Commerce)

Description

Chief Executive Officer at Exit Live

Chief Executive Officer at Exit Live

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Dylan Boyd
Investing in Hardware (& Manufacturing) • Re...
 London , Los Angeles ..., U.S.A. - U.K.
Investor Picture

Dylan Boyd

London - Los Angeles - San Francisco Bay Area - New York - Portland - Oregon, U.S.A. - U.K.

Investing In

Hardware (& Manufacturing) • Retail (& E-Commerce) • Sales (& Marketing) • Entertainment (& Sports) • Blockchain (& Cryptos) • Gaming (& eSports) • Advertising • Nanotechnology

Description

Most Interested In

Sports Tech – Marketing Tech – Connected Commerce – IoT – Hospitality – Digital Media - Blockchain (non crypto/fintech)

Not Interested In

Fintech

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Keith Teare
Investing in Software (Web Marketplace Saas..) &b...
 Palo Alto , London , ..., U.S.A. - U.K. - Germany
Investor Picture
Previous Investments
  • Giftcoin: (Pre Seed)
  • Wefarm: $13000000 (Series A)
  • Wefarm: $5000000 (Seed)
  • Wefarm: $2000000 (Seed)
  • Infarm: $420000 (Pre Seed)
  • InFarm: $400000 (Seed)
  • Downtown: $500000 (Seed)
  • Downtown: $40000 (Pre Seed)
  • ContextPlane: $1000000 (Seed)
  • chat.center Inc: $390000 (Seed)
  • xTV Networks: (Angel)
  • Retrace: $100000 (Pre Seed)
  • Sunshine: $240000 (Pre Seed)
  • M.dot: $100000 (Pre Seed)
  • Incident Technologies: $750000 (Seed)
  • Blurtt: (Seed)
  • Quixey: $400000 (Seed)
  • Quixey: $50000 (Seed)
  • Broomstick Productions: (Seed)
  • just.me Inc: $50000 (Pre Seed)

Keith Teare

Palo Alto - London - California, U.S.A. - U.K. - Germany

Investing In

Software (Web Marketplace Saas..) • Media • FinTech (& Financials services) • Retail (& E-Commerce) • A.I. (& Big Data) • Blockchain (& Cryptos) • Cloud Services (& Infrastructure) • Future Of Work • Online Social • Woman Focused

Description

Most Interested In

Transformational Software based ideas But the truth is - looking to be surprised

Not Interested In

non-digital things

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Henry Wigan
Investing in Retail (& E-Commerce)
 , United Kingdom
Investor Picture
Previous Investments
  • knok healthcare: (mid stage)
  • Mustard Seed MAZE:
  • Stuffstr: (mid stage)
  • MAZE - decoding impact: (early stage)
  • Mustard Seed Impact: (early stage)
  • Winnow Ltd: (early stage)
  • Lifecake: (early stage)
  • what3words: (early stage)
  • Goldman Sachs:

Henry Wigan

, United Kingdom

Investing In

Retail (& E-Commerce)

Description

Co-Founder of Mustard Seed

Co-Founder of Mustard Seed

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