Feb 2011
Expedia moves to EC1V
Expedia moves to a new state-of-the-art building in EC1V, giving the company the capacity to grow its team of more than 650 creative and highly skilled employees to 1,000
Tech City Investment Organisation
Recent Highlights
- Feb 2011
- Mar 2011
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Index Ventures set up an office in Tech City
UK Government announces a radical opening up of procurement
BackMar 2011UK Government announces a radical opening up of procurement
UK Government announces a radical opening up of Government procurement to ensure 25% of spending ends up with SMEs
UK Government launches the Entrepreneur Visa
BackMar 2011UK Government launches the Entrepreneur Visa
UK Government launches the Entrepreneur Visa: entrepreneurs need just £50,000 from an accredited VC investor or accelerator to establish their business in the UK, and will be able to settle in the UK more quickly if they create ten jobs or turn over £5million in a three year period.
BackMar 2011SnapLogic in Tech City
SnapLogic sets up in Tech City to launch their integration platform for the cloud
- Apr 2011
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Lifetime limit on capital gains tax relief for entrepreneurs doubles to £10m
Income tax relief under the Enterprise Investment Scheme (EIS) increases from 20% to 30% of the cost of the shares
- May 2011
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Twitter acquires Tweetdeck, a home-grown Tech City company
- Jul 2011
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Yammer, the Enterprise Social Network, comes to Tech City, with the intention of creating nearly 100 jobs
Seedcamp sets up an office in Tech City
BackJul 2011Seedcamp sets up an office in Tech City
Seedcamp sets up an office in Tech City to be close to the start-up action, the tech community and take advantage of the networking opportunities
- Aug 2011
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Pilot of the Technology Strategy Board’s Launchpad programme
BackAug 2011Pilot of the Technology Strategy Board’s Launchpad programme
Pilot of the Technology Strategy Board’s Launchpad programme: 18 companies win £100,000 of matched funding grants to develop their businesses. Following the Tech City pilot, the Launchpad programme is now being extended nationwide
The UK Govt accepts ten key recommendations of the Hargreaves Review
BackAug 2011The UK Govt accepts ten key recommendations of the Hargreaves Review
The UK Govt accepts ten key recommendations of the Hargreaves Review, including the creation of a Digital Copyright Exchange, and measures to allow use of Orphan Works
TCIO US venture capital outreach
- Sep 2011
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Tech City Skills Showcase at Central Foundation Girls’ School in Tower Hamlets
BackSep 2011Tech City Skills Showcase at Central Foundation Girls’ School in Tower Hamlets
Tech City Skills Showcase brings together some of the world’s top tech businesses at Central Foundation Girls’ School in Tower Hamlets, to inspire and empower young people to consider a career in the tech industries. Facebook, IBM and Cisco join Minister for Science and Universities David Willetts in announcing schemes to help train young people in essential skills in technology
- Oct 2011
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Law firm Taylor Wessing sets up an office in Tech City to provide their services to the growing tech community
Blick Rothenburg, a leading accountancy firm, establish a dedicated Tech City team and office
Firebox moves to Tech City
Twilio establishes a European HQ in Tech City
- Oct 2011
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Eventbrite, from San Francisco, opens its first office outside the US in London
Silicon Milk Roundabout: over 100 start-ups offer 500+ jobs to over 1200 attendees
Small business rate relief is extended for a year
UK Government announces a new Seed Enterprise Investment Scheme
BackOct 2011UK Government announces a new Seed Enterprise Investment Scheme
UK Government announces a new Seed Enterprise Investment Scheme (SEIS) which includes 50% income tax relief for UK taxpayers investing in qualifying start-ups for the first £100,000 seed investment and zero capital gains tax for investments made on FY2012
- Nov 2011
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BackNov 2011
Mozilla hosts Mozfest
Mozilla hosts Mozfest, the Mozilla Foundation’s annual festival to promote innovative, creative thinking around tech and digital.
Barclays set up a dedicated team providing specialist banking services to high-growth technology companies in Tech City
PBS open an office in Shoreditch
BT brings forward its roll-out of superfast broadband in Shoreditch and Old Street
- Nov 2011
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Virgin Media announces a long-term partnership with THECUBE
BackNov 2011Virgin Media announces a long-term partnership with THECUBE
Virgin Media announces a long-term partnership with THECUBE, an innovative start-up incubator based in East London, which will see THECUBE’s members test and help develop new products and services including superfast broadband, next generation digital entertainment, mobile and business services.
Cisco opens a major node of their National Virtual Incubator in Greenwich, with the Shoreditch node to follow in 2012
Airbnb, from San Francisco, opens its UK operation in Tech City
Microsoft BizSpark announces benefits to eligible UK start-ups in Tech City
BackNov 2011Microsoft BizSpark announces benefits to eligible UK start-ups in Tech City
Microsoft BizSpark announces £200,000 worth of cloud computing benefits on the Windows Azure Platform to eligible UK start-ups in Tech City
- Nov 2011
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UCL, Imperial College London and Cisco announce initial agreement to create a Future Cities Centre
BackNov 2011UCL, Imperial College London and Cisco announce initial agreement to create a Future Cities Centre
UCL, Imperial College London and Cisco announce a three year initial agreement to create a Future Cities Centre in the capital. The centre will be a physical space in Shoreditch where businesses, academics and start-ups can openly collaborate.
Intel announces the creation of a High Performance Computing cluster that can be used by companies located in Tech City
Qualcomm announces its innovative electric car charging solutions trial in Tech City in 2012
Entrepreneurs Festival takes place in Shoreditch
BackNov 2011Entrepreneurs Festival takes place in Shoreditch
The Entrepreneurs Festival takes place in Shoreditch, bringing together more than 250 startup entrepreneurs from around the world
- Nov 2011
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Duke of York hosts “Innovation through UK entrepreneurship” reception
BackNov 2011Duke of York hosts “Innovation through UK entrepreneurship” reception
HRH the Duke of York hosts an “Innovation through UK entrepreneurship” reception at Buckingham Palace for 200 Tech City entrepreneurs and visits some Tech City businesses
Silicon Valley Comes to the UK comes to Tech City
SAE, an Australian higher educational institution that deliver Digital Media courses, open a second site in Shoreditch
- Dec 2011
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Appirio launches its European operations for Cloudspokes from Tech City
BackDec 2011Appirio launches its European operations for Cloudspokes from Tech City
Appirio launches its European operations for Cloudspokes, the first worldwide crowd-sourced cloud development community, from Tech City
Amazon Web Services launches one-to-one technical support for UK start-ups
BackDec 2011Amazon Web Services launches one-to-one technical support for UK start-ups
Amazon Web Services launches one-to-one technical support for UK start-ups, providing free IT support for start-ups every Wednesday, including face-to-face advice in planning and moving their technology infrastructure to the cloud and access to a dedicated AWS specialist for on-going help
- Jan 2012
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Jetsetter UK, part of Gilt Groupe, sets up in Tech City
David Cameron invites the world’s most outstanding startups to join the StartUp Games
BackJan 2012David Cameron invites the world’s most outstanding startups to join the StartUp Games
Prime Minister David Cameron invites the world’s most outstanding startups to join the StartUp Games, a unique event to be held in London’s Tech City during the 2012 Paralympics
The Technology Strategy Board announces that it will establish a Catapult centre for the connected digital economy
- Feb 2012
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General Assembly, the New York-based “start-up school” opens offices in London at White Bear Yard
SPACE Studios opens The White Building
BackFeb 2012SPACE Studios opens The White Building
SPACE Studios, in partnership with Bloomberg and the Olympic Park Legacy Company opens The White Building, a new venue that will ensure creative innovation remains at the heart of London’s digital economy
- Mar 2012
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Tribesports raises a $2.8m in Series A round
BackMar 2012Yammer opens in Tech City
Yammer opens its first developer centre outside of the US in Tech City, having also announced a new $85m funding round, bringing its total to $142m
Songkick secures a $10m funding round from Sequoia Ventures
Google Campus opens in a new seven-storey centre for the tech and media community in East London
- Mar 2012
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UK Government announces an increase in the EIS annual investment limit
BackMar 2012UK Government announces an increase in the EIS annual investment limit
UK Government announces an increase in the EIS annual investment limit for individuals to £1 million, for companies with fewer than 250 employees and gross assets before investment of £15 million (up from 50 employees and assets of £7m). The annual investment limit for qualifying companies increased to £5 million under both EIS and VCTs
The UK Government announces additional support for the EMI
BackMar 2012The UK Government announces additional support for the EMI
The UK Government announces additional support for the Enterprise Management Incentive scheme (EMI) to help SMEs recruit and retain talent, by providing additional support to help start-ups access the scheme, consulting on amending restrictions that currently prevent the scheme being used by academics employed by start-ups, and more than doubling the individual grant limit to £250,000.
The UK Government announces R&D tax credits for small and medium enterprises (SMEs) increased from 200% to 225%
The UK Government publishes legislation for the phased introduction of the Patent Box
BackMar 2012The UK Government publishes legislation for the phased introduction of the Patent Box
The UK Government publishes legislation for the phased introduction of the Patent Box between April 2013 and 2017, allowing companies to apply a reduced 10% corporation tax rate to profits attributed to patents and certain other similar types of intellectual property.
- Mar 2012
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UK Government announces a consultation on corporation tax reliefs
BackMar 2012UK Government announces a consultation on corporation tax reliefs
The UK Government announces a consultation on corporation tax reliefs – to apply from April 2013 – for the video games, animation and high-end television industries
- Apr 2012
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Angels in the City scheme launches
BackApr 2012Angels in the City scheme launches
The City of London Corporation in partnership with London Business Angels launch the Angels in the City scheme aiming to generate over £10m of new Angel investment pa
Seed Enterprise Investment Scheme (SEIS) comes in to effect
BackApr 2012Seed Enterprise Investment Scheme (SEIS) comes in to effect
The new Seed Enterprise Investment Scheme (SEIS) comes in to effect, which offers the investor 50% income tax relief on the first £100,000 invested in seed-stage companies
BackApr 2012CISCO House opens
CISCO House opens overlooking the Olympic Park: a showcase for transformational business technologies for countries, cities and organisations
- May 2012
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City Meets Tech launches, encouraging City of London financial sector to start investing in Tech City
TCIO publishes its first Impact Report
Digital Sizzle hosts ‘Town Hall with TCIO’ at Google Campus
Digital Shoreditch, a two-week festival celebrating the creativity and innovation in East London
- May 2012
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Teen Tech City, an event to showcase the kind of career opportunities available in tech and digital start-ups
Silicon Milk Roundabout returns, offering 800+ jobs in start-ups and attracting over 1,900 job-hunters
Launch of the Open Data Institute announced by Chancellor of the Exchequer
BackMay 2012Launch of the Open Data Institute announced by Chancellor of the Exchequer
Launch of the Open Data Institute announced by Chancellor of the Exchequer George Osborne MP, headed by Sir Tim Berners-Lee, helping to drive innovation and exploit the growth opportunities for the UK created by the Government’s open data agenda
Hackney House and Tech City Central open
- May 2012
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Imperial College London, UCL and Intel sign a Memorandum of Understanding
BackMay 2012Imperial College London, UCL and Intel sign a Memorandum of Understanding
Imperial College London, UCL and Intel sign a Memorandum of Understanding to create an institute for sustainable and connected cities research in London, providing an opportunity for R&D transfer and the commercialisation of the innovation coming out of our university system
General Assembly opens its own space in Clerkenwell, hosting regular events and training for London entrepreneurs and start-ups
BackMay 2012cloud.IQ secures funding
Multi-channel marketing specialist, cloud.IQ, secures £2 million of funding from Bridges Ventures, the sustainable growth investor
Huddle secures $24 million of investment
BackMay 2012Huddle secures $24 million of investment
Huddle secures $24 million of investment led by American venture capital firm Jafco with participation from DAG Ventures, Matrix Partners and Eden Ventures, to fund the company’s US expansion
- May 2012
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Intel launches the Intel Collaborative Research for Sustainable Connected Cities
BackMay 2012Intel launches the Intel Collaborative Research for Sustainable Connected Cities
Intel launches the Intel Collaborative Research for Sustainable Connected Cities in partnership with Imperial College London and University College London. Dedicated to exploring how technology can support and sustain the social and economic development of cities worldwide, the research centre collaborates with Tech City-based start-ups to identify and analyse emerging trends in the area
- Jun 2012
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Silicon Valley Bank opens its first UK branch, offering banking and loan services to the UK technology industry
The first London Summer LeWeb takes place
TCIO publishes its 2012-13 Priorities
The TSB Announces New Connected Digital Economy Catapult centre
BackJun 2012The TSB Announces New Connected Digital Economy Catapult centre
The TSB announces a new Connected Digital Economy Catapult centre in Shoreditch, which will be a hub for the best innovations in the digital sector
- Jun 2012
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VE Interactive acquires Adaptive Consultancy
Yammer is bought by Microsoft for $1.2billion
MakieLab raises $1.4million in seed funding
Uber launches in London in time for the Olympic Games
- Jul 2012
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Lyst raises $5million in its Series A round, led by new investor DFJ Esprit
The Currency Cloud closes another round of funding, securing $2million of investment from Notion Capital
Seedrs opens in London, launching its alternative funding platform
Amazon announces plans for a new design and development hub in Tech City
- Aug 2012
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Start-Up Games, hosted by TCIO in partnership with StartUp Britain, brings together over 120 start-ups from around the world
GREE announces the opening of a new game development studio, and GREE UK’s planned relocation to Tech City
Barclays and Central Working announce a partnership to open co-working space in Tech City
BackAug 2012Barclays and Central Working announce a partnership to open co-working space in Tech City
Barclays and Central Working announce a partnership to open co-working space in Tech City, aiming to help 22,000 businesses over 5 years
Vodafone announces new technology lab and incubation centre to open in Tech City
- Sep 2012
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Amazon opens Digital Media Development Centre
Acquisio relocates UK office to Tech City
The Shoreditch Network launches high speed IT cloud services to Tech City businesses
BackSep 2012The Shoreditch Network launches high speed IT cloud services to Tech City businesses
The Shoreditch Network collaboration officially launched on September 13th, delivering high speed fibre infrastructure and secure IT cloud services for the cluster of businesses in Shoreditch, East London. The collaboration comprises three Tech City based technology businesses – bandwidth infrastructure provider euNetworks, leading cloud hosting provider Carrenza, and network specialists Optimity
Yammer opens new Developer Centre in Tech City
- Sep 2012
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Tech City startup iPlatform is acquired by Betapond in one of Tech City’s first exits
BackSep 2012Tech City startup iPlatform is acquired by Betapond in one of Tech City’s first exits
iPlatform, a Facebook marketing and app development specialist, helped establish the Facebook Developer Garage events in London and has developed apps for clients including Swatch, the Economist and Tesco.
Moo buys Flavour.me, the personal identity site from web product incubator Hii Def
The Government announces proposals for a new route to the UK IPO market for high growth companies