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Celebrating 10 years of Google for Startups in the UK

I remember clearly the palpable sense of excitement at the Google for Startups Campus in London’s ‘Silicon Roundabout’ when I first visited in 2012. My first startup, back in Krakow Poland, had shut down after three years of solid early traction, and I moved to London in pursuit of bigger opportunities, a community and capital to fuel growth. The UK quickly became home, and my London Campus experience was so positive I ended up joining Google six years later.

As we celebrate the 10 year anniversary of Google for Startups UK, we’re taking a moment to celebrate the entrepreneurs and teams who have blazed a trail, and looking ahead to ensure we’re helping create the right conditions for future founders.

The industry has grown exponentially since Google for Startups UK launched 10 years ago – this year, we’ve already seen UK tech startups and scaleups cumulatively valued at more than $1 trillion (£794bn); up from $53.6 billion (£46bn), ten years ago.

One area of the UK tech startup community that has flourished in particular is impact tech – defined as . companies founded to help address global challenges like climate change and help transform health, education and financial inclusion. Our new report created in partnership with Tech Nation, A Decade of UK Tech, shows that funding for impact tech startups has soared. In fact, since 2011, funding for impact tech companies addressing UN Sustainable Development Goals has risen 43-fold from just $74 million (£59 million) to $3.5 billion (£2.8 billion).

Graph: Investment into impact tech scaleups (2011-2021)

Source

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