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London is #1 EU tech city – but Nesta warns on cost of living

London has topped Nesta’s index of top EU tech cities for both starting and scaling up – that’s despite it coming last out of 35 cities on the measurement of its cost of living.

The team at Nesta consulted with entrepreneurs, investors, government and academics to come up with 10 criteria to measure the EU’s top tech destinations, including digital infrastructure, culture and skills.

Germany is the only country to have two cities in the top 10 for both startups and scaleups, and has the largest number of viable tech cities across the entire ranking, with four.

They include Berlin at number seven for startups and nine for scaleups, along with Munich, Stuttgart and Cologne.

The UK’s Cambridge cluster came in at number 11 on both rankings, with Oxford at number 13 for both startup and scaleup companies....

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