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.
Case Studies: Successful Funding Rounds with Angel Investors on Angels Partners
Saas/B2B/Enterprise Software, Connected Devices (consumer and industrial), B2B/B2C Marketplaces,... and then what other people consider crazy in frontier tech: AI, AR/VR, SpaceTech, Robotics, Autonomous infrastructure,..
Not Interested In
Pureplay consumer apps that may never build a business, gaming, e-commerce, travel, crypto
Shaun Abrahamson
Investing in PropTech • Hardware (& Manufact...
Los Angeles - California, U.S.A. - Germany - Europe: Germany, United Kingdom, France, Italy, Spain, Poland, Romania, Netherlands, Belgium, Czech Republic, Greece, Portugal, Sweden, Hungary, Austria, Switzerland, Denmark, Finland, Slovakia, Norway, Ireland, Luxembourg, Malta, Icela
Previous Investments
• CrowdTwist:
$20000
• Hades:
$1900000 (Seed Round)
• Radiator Labs:
$2400000 (Seed Round)
• Radiator Labs:
$300000 (Pre Seed Round)
• Radiator Labs:
$220000 (Pre Seed Round)
• Arbor:
$2600000 (Seed Round)
• ChargeLab:
$15000000 (Series A)
• ChargeLab:
$4000000 (Seed)
• ChargeLab:
$1000000 (Pre Seed)
• Covetool:
$30000000 (Series B)
• Covetool:
$800000 (Seed)
• Electric Visionary Aircrafts:
(Convertible Note)
• Electric Visionary Aircrafts:
(Seed)
• HAAS Alert:
$5000000 (Seed)
• HAAS Alert:
$1000000 (Seed)
• Partsimony:
$2000000 (Seed)
• Oonee:
(Pre Seed)
• Pallon (fka Hades):
$2000000 (Seed)
• Aquagenuity:
(Pre Seed)
• FIRMUS:
(Pre Seed)
• FIRMUS:
(Convertible Note)
• Metalmark Innovations:
(Pre Seed)
• CoInspect:
$150000 (Seed)
• CoInspect:
$2000000 (Seed)
• Hubbster:
(Seed)
• Evolve Energy:
(Pre Seed)
• Kift:
(Convertible Note)
• Food for All:
$700000 (Seed)
• Flair:
$810000 (Seed)
• Flair:
$300000 (Convertible Note)
• Flair:
$230000 (Convertible Note)
• Flair:
$330000 (Seed)
• Flair:
$130000 (Convertible Note)
• GreenQ:
(Convertible Note)
• Thrilling:
(Angel)
• RoadBotics by Michelin:
$4000000 (Seed)
• RoadBotics by Michelin:
(Seed)
• Coord:
$5000000 (Series A)
• Blueprint Power:
$4000000 (Series A)
• Miles:
$4000000 (Seed)
• Rentlogic:
$2000000 (Seed)
• Rentlogic:
(Series Unknown)
• Campsyte:
$100000 (Seed)
• VERSATILE:
$1000000 (Seed)
• Bowery Farming:
$8000000 (Seed)
• Citymart:
$750000 (Seed)
• Citymart:
(Seed)
• Kelvin:
$2000000 (Seed)
• Kelvin:
$300000 (Pre Seed)
• Kelvin:
$220000 (Pre Seed)
• BlocPower:
$200000 (Pre Seed)
• BlocPower:
$600000 (Pre Seed)
• Rachio:
$7000000 (Series A)
• Rachio:
$500000 (Convertible Note)
• Rachio:
$700000 (Convertible Note)
• Future Motion:
(Series A)
• Architizer:
(Series A)
• Architizer:
(Convertible Note)
• Mark43:
$11000000 (Series A)
• LogCheck:
(Seed)
• Valet Anywhere (VA):
$1000000 (Seed)
• Valet Anywhere (VA):
(Convertible Note)
• Revivn:
(Seed)
• BRCK:
$1000000 (Seed)
• BikeSpike:
(Convertible Note)
• Skycatch:
$3000000 (Convertible Note)
• Dash:
$1000000 (Seed)
• KIWI:
(Convertible Note)
Shaun Abrahamson
Los Angeles - California, U.S.A. - Germany - Europe: Germany, United Kingdom, France, Italy, Spain, Poland, Romania, Netherlands, Belgium, Czech Republic, Greece, Portugal, Sweden, Hungary, Austria, Switzerland, Denmark, Finland, Slovakia, Norway, Ireland, Luxembourg, Malta, Icela
Investing In
PropTech • Hardware (& Manufacturing) • Energy • CleanTech • A.I. (& Big Data) • Robotics • Real Estate (& Construction) • DeepTech • Mobility • Woman Focused
Description
Most Interested In
We're interested in teams re-imagining cities in 3 areas - GHG reduction, climate adaptation and solving problems associated with high density (like traffic or public safety).
Cities are complex, so founders continue inspire and amaze us by identifying new systemic issues and solutions. If you're re-imagining city life, we'd love to hear from you.
Not Interested In
We don't invest in edtech or healthtech. Certainly not a vote on whether we want to see these categories succeed, we just think they need additional focus/skills which we don't have. That said public health is a growing area of interesting.
Shaun Abrahamson is a Founder and serves as Managing Partner at Urban Us. Shaun is a Member of the Investment Committee, and he leads investment selection and communications with portfolio companies, members of the Network, and limited partners in Fund II. Before founding Fund I, Shaun was an active angel investor, investing in more than 20 firms between 2007 and 2013 in his personal capacity. Early-stage investing and advising is informed by his experiences building MediaSentry (acquired by SafeNet in 2005), Starmedia Network (acquired by France Telecom) and Oculus Technologies (MIT CADLab spin-out). In 1999, he was an early employee at govWorks, one of the earliest startups focused on serving local government. govWorks was ahead of the market and failed during the dot-com bust, becoming the subject of the documentary Startup.com in 2001. Shaun has written for organizations such as The Economist Intelligence Unit, The Huffington Post, and CNNMoney. Crowdstorm, published by Wiley, was his first book and is a guide to working with large online crowds to find and evaluate ideas. The book is based on Shaun's experience working with Starbucks, Omnicom Group, $300 House, and Life Edited. Shaun has an MSc from MIT; an MBA from the Berlin School of Creative Leadership; and a BSc from the University of Cape Town. He is also an Angel Investor.
Elad Gil
Investing in Software (Web Marketplace Saas..) &b...
San Francisco Bay Are..., U.S.A. - Global: U.S.A., Australia, Canada, Germany, U.K., Israel, France, Italy, Spain, Netherlands, Belgium, Switzerland, Denmark, Finland, Luxembourg, Malta, Iceland
San Francisco Bay Area - California, U.S.A. - Global: U.S.A., Australia, Canada, Germany, U.K., Israel, France, Italy, Spain, Netherlands, Belgium, Switzerland, Denmark, Finland, Luxembourg, Malta, Iceland
Dr. Elad Gil is a Co-Founder and serves as the Chairman at Color Genomics. He served as Chief Executive Officer at Color Genomics. He served as the Vice President of Corporate Starategy for Twitter. He was also Co-Founder and served as Chief Executive Officer at Mixer Labs / GeoAPIBefore GeoAPI.com. He has a long standing interest in location based services and mobile. He co-founded Google's Mobile Team where he was the first PM on Google Mobile Maps and was involved with the Android acquisition. Prior to Google, he worked at 3 venture backed startups and at McKinsey. He has a Ph.D. from MIT. He is currently an investor and advisor to a number of mobile and social media startups. He is an Advisor of Origami Logic, Bitwise and Anchorage.
Mark Robinson
Investing in Energy • CleanTech • A.I. ...
Massachusetts, United Kingdom
Previous Investments
• Dash Water:
(mid stage)
• LiquidNano Inc:
• PensionBee:
(mid stage)
• Various Companies:
• Matchdeck:
(early stage)
• Salomon Smith Barney Holdings Inc. (NYSE: SB):
• ING Barings:
(mid stage)
Mark Robinson
Massachusetts, United Kingdom
Investing In
Energy • CleanTech • A.I. (& Big Data) • Food & Beverage • Material Science
Description
Financial Services Professional || Fintech Adviser|| Trustee
Financial Services Professional || Fintech Adviser|| Trustee
Shardul Shah
Investing in Media • Businesses Solutions &b...
South San Francisco ,..., U.S.A. - Europe: Germany, United Kingdom, France, Italy, Spain, Poland, Romania, Netherlands, Belgium, Czech Republic, Greece, Portugal, Sweden, Hungary, Austria, Switzerland, Denmark, Finland, Slovakia, Norway, Ireland, Luxembourg, Malta, Iceland, Monaco
Previous Investments
• Climax Foods:
$44017000000 (Later stage VC)
• Starburst Data:
$118000000 (Later stage VC)
• Fast (Application Software):
$102000000 (Later stage VC)
• Wealthfront:
$75000000 (Later stage VC)
• Duo Security:
$70000000 (Later stage VC)
• Kano Computing:
$28000000 (Later stage VC)
• Figma:
$25000000 (Later stage VC)
• Built Technologies, Inc.:
$21000000 (Early stage VC)
• Behavox:
$20000000 (Later stage VC)
• Less:
$19000000 (Early stage VC)
• Homebell:
$11000000 (Later stage VC)
• Scoop Technologies:
$10600000 (Early stage VC)
• Trouva:
$10000000 (Early stage VC)
• Spendesk:
$8000000 (Early stage VC)
• Gremlin Inc:
$7500000 (Early stage VC)
• Linear:
$4200000 (Early stage VC)
• Supersolid:
$4000000 (Early stage VC)
• Pitch Software:
• NGINX, Inc.:
(mid stage)
• Koality:
• Outbrain:
(mid stage)
• Q6 Cyber:
• Bankjoy:
(early stage)
• Fundomate:
(early stage)
• Street Invoice:
• DoubleBeam/GoPago acquired by Verifone February 2015:
(early stage)
• VStock Transfer:
• Zipmark Inc.:
(early stage)
• SRSrun:
• Wiz:
$300000000 (Series D)
• Wiz:
$250000000 (Series C)
• Wiz:
$130000000 (Series B)
• Wiz:
$100000000 (Series A)
• Expel:
$31000000 (Series E)
• Expel:
$140000000 (Series E)
• Expel:
$50000000 (Series D)
• Expel:
$40000000 (Series C)
• Footprint:
$6000000 (Seed)
• Indent:
$6000000 (Pre Seed)
• Dazz:
$50000000 (Series A)
• BrightHire:
$21000000 (Series B)
• BrightHire:
$13000000 (Series A)
• Reclaim.ai:
$5000000 (Seed)
• Coalition:
$180000000 (Series D)
• Meroxa:
$4000000 (Seed)
• Gatsby:
$28000000 (Series B)
• Iterable:
$60000000 (Series D)
• Iterable:
$50000000 (Series C)
• Iterable:
$23000000 (Series B)
• AttackIQ:
$18000000 (Series B)
• AttackIQ:
$9000000 (Series A)
• Brightback:
$11000000 (Series A)
• Castle:
$9000000 (Series A)
• Signal Sciences:
$35000000 (Series C)
• Signal Sciences:
$15000000 (Series B)
• Signal Sciences:
$10000000 (Series A)
• Capsule8:
$3000000 (Seed)
• Datadog:
$95000000 (Series D)
• Datadog:
$31000000 (Series C)
• Datadog:
$15000000 (Series B)
• Datadog:
$6000000 (Series A)
• Adallom:
$30000000 (Series C)
• Adallom:
$15000000 (Series B)
• Lacoon Mobile Security:
$8000000 (Series A)
Shardul Shah
South San Francisco - San Francisco Bay Area - California, U.S.A. - Europe: Germany, United Kingdom, France, Italy, Spain, Poland, Romania, Netherlands, Belgium, Czech Republic, Greece, Portugal, Sweden, Hungary, Austria, Switzerland, Denmark, Finland, Slovakia, Norway, Ireland, Luxembourg, Malta, Iceland, Monaco
Investing In
Media • Businesses Solutions • A.I. (& Big Data) • Web Security (& Privacy) • Future Of Work
Description
Index Ventures
Most Interested In
Open Source
Adam Krongold
Investing in CleanTech • A.I. (& Big Data) &...
Melbourne Victoria, Australia - Global: U.S.A., Australia, Canada, Germany, U.K., Israel, France, Italy, Spain, Netherlands, Belgium, Switzerland, Denmark, Finland, Luxembourg, Malta, Iceland
Previous Investments
• c8apps:
$430000 (Seed Round)
• Blocknative:
(Seed)
• Blocknative:
(Seed)
• Wisdom Tribe:
(SAFE Round)
• Wisdom Tribe:
(Seed)
• INFLUENCE.CO:
(Seed)
• Netik:
(Seed)
• influence.co:
(Pre Seed)
• Speedlancer:
(SAFE Round)
• Dreame:
(Seed)
• Dreame:
(Seed)
• StoreDot:
(Seed)
• Woojer:
(Seed)
• Blocknative:
(Seed Round)
• Wisdom Tribe:
(Seed Round)
• influence.co:
(Pre Seed Round)
• Dreame:
(Seed Round)
• StoreDot:
$6000000 (Seed Round)
Adam Krongold
Melbourne Victoria, Australia - Global: U.S.A., Australia, Canada, Germany, U.K., Israel, France, Italy, Spain, Netherlands, Belgium, Switzerland, Denmark, Finland, Luxembourg, Malta, Iceland
Passionate, driven, dreamers who are reworking old spaces and finding new ways to do things. Hardware that would have been deemed MAGIC a decade ago. People who have a view on the future and are happy to talk about it.
Not Interested In
All idea - no execution. A lick of paint given consideration as new and exciting, People with no listening skills. An idea, concept that can't be explained to me in 2 sentences.
Mr. Adam Krongold is the founder and serves as the CEO at Overtly Covert. He serves as Board Member at Woojer.
Craig Fletcher
Investing in Software (Web Marketplace Saas..) &b...
Michael Treskow serves as Partner at Eight Roads Ventures. Michael Treskow served as Principal at Accel Partners. He joined Accel after close to a decade of finance and investment experience in the technology sector. He is responsible for the firm's investments in SpaceApe, a mobile games developer. Michael was also instrumental in Accel's investments and ongoing work with Funding Circle, Qubit, Semmle, Trufa and WorldRemit. He was also a Board Observer at packlink. Prior to Accel, Michael focused on early-stage and growth equity investments in technology companies at Warburg Pincus in San Francisco, invested in publicly traded technology companies at Highside Capital in Dallas, and helped advise technology companies on strategic alternatives as part of Morgan Stanley's investment banking team in New York. He holds a BA in Economics and Philosophy from Yale University and an MBA from Stanford University. He also serves as a Board Member at Decibel Insight. He also serves as Board Member at OTA Insight.
Pocket Sun
Investing in Software (Web Marketplace Saas..) &b...
London , Seattle , Ba..., U.S.A. - Singapore - U.K.
Previous Investments
• Ceremonia:
$1000000 (Pre Seed)
• Cherry Blossom Intimates:
$2000000 (Seed)
• Junzi Kitchen:
$5000000 (Seed)
• Winky Lux:
$6000000 (Series A)
• Winky Lux:
$2000000 (Seed)
Pocket Sun
London - Seattle - Baltimore - Washington - Austin - San Francisco Bay Area - Los Angeles - Boston - New York, U.S.A. - Singapore - U.K.
+1,544
