Startups in the U.S. attract investors from across the globe. This is the biggest country for startups, and it creates a hugely competitive and growing market.
Cities around the world are trying to get to this point, as well. London, already a major location for technology and business, is attempting to build up its local startups by getting investors from the United States. This opens the door for more money, more attention, and more publicity. While local investors do help, the immense amount of potential investors overseas is unimaginable. With $800 million from U.S. investors last year, it is an obvious step to get more of these investors interested this year, too.
Technology in London
One of the biggest industries in London is technology. It has grown immensely over the last five years, employing more people than it ever has in this city. This is continued growth, too, as technology remains an important part of life.
New businesses are entering the scene regularly to try to compete with major, established brands. To do this, businesses have gone online. A new website Tech.London dedicated to connecting startups in London with investors and other interested individuals is now available. With everyone behind the growing trend of tech professionals and businesses, including big names like Google, there is a lot to look forward to in the near future.
The growth of the tech industry in London and the appeal of it to major investors has only occurred recently. While the growth is apparent over the last several years, its true strengthening and improving started just within the last two years.
Over these two years, more and more individuals with money have found their way to the London tech market. These people came here interested in the startups in the area, ready to start investing money in an emerging market with a plethora of businesses that show great promise.
The best place to see all of this in action is with the tech events held in London. Thousands upon thousands of people come to London for the events, with more now than ever before. On top of various businesses, professionals, and interested tech enthusiasts, you also have major names in the industry making their way here. London is an important location in the world so these businesses understand that this is somewhere they have to go. Speakers from hugely successful websites and companies show their support, as well, as they help this local market to grow.