Site navigation

Edinburgh Third in Top Ten UK Cities for Tech Startups Outside London

Graham Turner

,

Tech startups Edinburgh
New research from software development company KLOC revealed Edinburgh as the third best city for UK tech start-ups outside of London.

New research by software developers KLOC analysed data from Crunchbase for tech businesses created outside the English capital since January 2020.

The study measured the number of startups per area, the total funding they have received, the average software engineer salary and how the area’s top university ranks for its computer science courses, with a score out of 10 for each of the four factors.

Edinburgh placed third on the tech start-up capital list, scoring 24.28 in total. The city scored 10 points with ten companies created since January 2020 and has attracted a total of £404,125 for funding. Average annual salary for a software engineer stands at £38,962.

Manchester achieved the highest overall score of 27.38, with the city also having ten start ups that have been in operation since January 2020. It received a score of eight for its average annual salary for software engineers, standing at £38,066.

The University of Manchester has the third best rated computer science course of the universities included on the list, giving the city a further 8.8 points.


Recommended


Cambridge came in second for Tech Start-Up hotbeds outside London, scoring a total of 25.72 points. The city grabbed three points for the number of start-ups in the area and received 3.61 points for being the second highest funded area – the three Cambridge companies in the analysis received £25,774,119 in total funding.

Its average annual salary of £43,325 for software engineers in the area scored it 9.6 – the second highest. The University of Cambridge came in second place for Computer Science rankings with a score of 9.44.

Speaking about the new research, a spokesperson from KLOC commented: “The study highlights that there are plenty of vibrant tech startup scenes outside London.

“This is very encouraging for entrepreneurs as it demonstrates that there are plenty of options beyond the capital which can offer lower operational costs and still provide a talented workforce.”


Get the latest news from DIGIT direct to your inbox

Our newsletter covers the latest technology and IT news from Scotland and beyond, as well as in-depth features and exclusive interviews with leading figures and rising stars.

We will keep you up to date on the pivotal issues impacting the sector and let you know about key upcoming events to ensure that you don’t miss out on what’s going on across the Scottish tech community.

Click here to subscribe.

Graham Turner

Sub Editor

Latest News

%d bloggers like this: