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        London takes No. 2 spot among best places for start-ups to thrive

        London takes No. 2 spot among best places for start-ups to thrive

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          UK capital city ties in second place with New York among the top 140 international ecosystems for start-ups.

          London and New York are snapping at the heels of Silicon Valley as the best places for startups to prosper according to a report published this week by Startup Genome. The report has ranked the top 140 ecosystems for new businesses, with London way ahead of other European cities on the list, Paris being the closest, ranked in 12th place.

          City finance proved critical to the high ranking achieved by the capital, with London singled out as among the best cities for access to funding, investor experience, local investors and overall funding levels.

          London’s average seed funding of $653,000 greatly exceeds the global average of $494,000, due in part to the vast number of venture capitalist organisations in the city.

          Commenting on the report in City AM, Eileen Burbidge of venture capitalist firm Passion Capital, said the report makes it clear that London will continue to “be a leader on the global stage”.

          CEO of tech firm Darktrace, Poppy Gustafsson told City Am that “access to talent also made London an obvious choice for start-ups looking to grow.”

          Supporting start-ups since 1994, BE Offices has the perfect flexible office solution for companies looking for 1 – 3 desks in a professional working environment. With no deposits, all-inclusive pricing and our Service Excellence Guarantee, we offer award-winning start-up space which is flexible enough to grow with any business.







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