Comment on A property giant plays startup accelerator on the shores of East London

A property giant plays startup accelerator on the shores of East London

London’s got its fair share of tech accelerators launched by unusual backers from non-profits, to a Spanish telecom giant, to England’s public service broadcaster — a London-based investor even remarked a few weeks ago at an event that London was experiencing an “accelerator arms race.” But one of the accelerators that continues to turn heads — because of its focus, backer, office space, leader and grand plans — is Level39, an accelerator owned by the Canary Wharf Group, the real estate company that dominates the once bustling docks of East London. While the docks were closed in the 80s, the area now houses some 90,000 commuters who work in London’s largest banks and financial services companies.

 

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