2014-10-09

Techbikers Network Their Way From Paris to London (video)

Techbikers: Networking Their Way From Paris to London: Video - Bloomberg:
(Allow video to load after clicking play or go to link above)

London tech companies have already raised more than $1 billion so far this year -- a record amount and there's still three months to go. Techcity has found a novel way to keep on networking while also raising money for charity. Bloomberg's Caroline Hyde joins Techbikers on their ride from Paris to London. (Source: Bloomberg--Oct.8)

Techbikers: "Techbikers is a collaboration of the London tech startup community to help children in need by supporting literacy charity Room to Read. Since 2012 over 100 tech professionals – including start-ups, venture capitalists and executives have cycled 960km in three Paris to London rides to raise money for this fantastic charity."

London’s tech firms raise record $1bn of venture capital investment | City A.M.: "... So far two London-based tech startups, takeaway.com and farfetch.com, have completed funding rounds in excess of $50m this year. And Funding Circle closed a $65m round in July from backers led by Index Ventures and including Accel Partners, Union Square Ventures and Ribbit Capital. “For Index, London is one of the key technology hubs with more than a quarter of our investments going to companies based here,” Index Ventures partner Saul Klein told City A.M. “This year was especially significant for London with three big exits – Just Eat, King and Zoopla – showing that London can produce billion dollar companies competitive on the world stage.” In 2014 alone new VC funds worth more than $1.5bn set up shop in the capital: Google Ventures, Santander, and Balderton Capital created new investment vehicles in the City. “London has a few things going for it. It is a magnet of talent from around the world, the internet economy in the UK is the highest of G20 countries, it’s a centre of numerous industries including finance, fashion, media, design and entertainment, and it’s the biggest English speaking city on the internet,” added Klein...."




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