Digital start-ups pitch at No.10

Last week, I had the pleasure of attending an event at 10 Downing Street in the company of the Prime Minister and 10 of the most promising digital companies in Britain.

In true ‘Dragons’ Den’ style I listened to a range of new start-ups pitch to around 70 investors, financiers and corporate partners that represented an addressable market of £50B. A full list of the 10 start ups can be found here but for me there were four that stood out in particular.

  • Huddle:A content collaboration platform revolutionising enterprise content management by enabling organisations to store, discover, share and collaborate on content with others securely in the cloud.
  • ROLI:  A design led music technology start-up that is increasing the interaction between people and technology through innovative musical instruments, marrying the feel of traditional instruments with the versatility of digital technology.
  • Mimecast: A leader in enterprise cloud services for the protection and management of corporate human generated data
  • Digital Shadows:​ A cyber intelligence company that protects organisations from data loss and targeted cyber attack.

The room was brimming with exciting new ideas and opportunities, which is a real testament, I feel, to the success story that digital innovation has become in the UK.

At Telefónica we know how important the digital economy is to the UK’s long-term economic prosperity. It’s why we’ll continue to invest time and energy into helping young people develop digital skills through our Think Big programme. It’s also why we’ll continue our work to accelerate digital start-ups through the Wayra Academy.

The Pitch 10 event was aimed to give more attention to the UK’s thriving digital sector and to foster stronger links between new start-ups and prospective partners. It was a pleasure to have been part of this day and I will be working to ensure it remains high up on the Government’s agenda.