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Europe’s Innovation Ecosystem Can Make It the New Palo Alto
A cluster of European cities within a five-hour train ride of London could become a unicorn factory to rival Silicon Valley, argues tech investor Saul Klein.
After the Bay Area, this is the world's second most productive innovation cluster and includes cities with industrial heritage like Glasgow, Eindhoven, and Manchester, as well as world-renowned capitals of culture, policy, and academia like Amsterdam, Cambridge, Edinburgh, London, Oxford, and Paris. Other New Palo Alto thoroughbreds include fintechs Monzo, Revolut, and Tide, which provides mobile-first banking to SMEs, as well as fast-growing companies such as iPhone challenger Nothing and London-founded Cleo, the conversational AI pioneer that helps young US consumers manage their finances. The new British Prime Minister's home constituency includes Somers Town, an area close to St Pancras station and within sight of Google and Meta’s huge European headquarters.
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