‘Edinburgh will become top UK tech hub’
Edinburgh could become one of the leading tech hubs in the UK as Scotland enters its postpandemic recovery, according to a high-profile angel investor – who is eyeing businesses in the city.
Andrew Dixon, founder of ARC Intercapital, which invests in early-stage technology businesses in the UK, has voiced his support for the Scottish capital – and suggested that it will become a focal point for the British technology industry.
Dixon said: “Edinburgh will become the UK’S next tech hub. I’m predicting a wave of successful tech start-ups to launch in the city over the coming years, and I’ve got my eye on businesses here.”
The capital is home to many global tech companies, and has served as the birthplace of several tech “unicorns” — start-ups valued at least $1 billion (£725,000) – including online travel giant Skyscanner.
Dixon’s comments come in the wake of the news that former Skyscanner executive Mark Logan has been appointed to oversee a multi-millionpound initiative to establish
Scotland as a world-class technology hub.
Additionally, Digital Scotland recently said that technology will be one of the fastestgrowing sectors in the nation between now and 2029 in terms of the gross value added, growing one-and-a- half times faster than the overall economy.
Dixon has co-invested in Live It, which operates out of Edinburgh’s tech incubator Codebase – and he cites the city’s high concentration of talent due to its universities and robust financial sector as indicators of continued growth in its technology industry.