London’s tech unicorns generate the highest number of startup spinouts in Europe, new data shows, in signs the capital’s biggest firms are laying the groundwork for the UK’s long-term success in the sector.
As many as 185 startup spinouts have been created from 27 London unicorns, according to a report released today by venture capital firm Accel, 20 more than that produced in Berlin and nearly 50 more than the number made in Paris.
