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When Will the UK Have Its First £100 Billion Tech Firm?

James Wise, general partner at Balderton Capital, says the UK could soon have its first £100 billion tech company. Wise, who also serves as chair of the UK Government’s Sovereign AI fund, says policymakers must work with investors to help British firms scale globally. He speaks to Bloomberg’s Tom Mackenzie at London Tech Week. Watch…

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James Wise, general partner at Balderton Capital, says the UK could soon have its first £100 billion tech company. Wise, who also serves as chair of the UK Government’s Sovereign AI fund, says policymakers must work with investors to help British firms scale globally. He speaks to Bloomberg’s Tom Mackenzie at London Tech Week.

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11 Comments

11 Comments

  1. @JT_Williams

    June 14, 2026 at 3:52 am

    Lower tax would be a good start

    • @witness1013

      June 14, 2026 at 9:47 am

      oh yes – that makes people much smarter and more inventive

    • @WPaKFamily

      June 14, 2026 at 11:06 am

      @witness1013 It incentivizes them to stay in their country and create their wealth in said country while knowing they will get to keep much more of what they create you muppet.

  2. @STELLVIA.

    June 14, 2026 at 5:34 am

    Given their idiotic policies , NEVER

  3. @nypd8192

    June 14, 2026 at 5:51 am

    Is it joking? No chance in at least 30 years

  4. @MrTravolta24

    June 14, 2026 at 7:20 am

    Keep waiting…

  5. @witness1013

    June 14, 2026 at 9:47 am

    It’ll happen when they invent smart British people. Oh wait – that’s not possible.. so.. never!

  6. @JulesKruijtzer

    June 14, 2026 at 12:06 pm

    Uk spends that on imprting “skilled” workers from Pakkistan

  7. @Pickle_Rick-m4o

    June 14, 2026 at 2:39 pm

    Won’t happen under the joke of a government, they are turning us into a global laughing stock…

  8. @MrTravolta24

    June 14, 2026 at 3:13 pm

    All successive governments know how to do is raise taxes. Zero innovation, zero ideas on attracting capital investment to the country.

  9. @Consistent-Nerd

    June 14, 2026 at 6:55 pm

    The UK has a weak entrepreneurship culture, made worse by the British class system. It often feels much harder for someone with a strong idea but no elite background to move up and succeed. The US seems almost the opposite, more open to ambition, risk, and people building something from nothing.

    So my guess is, not anytime soon. The UK is still too risk averse and status driven to produce that kind of founder culture at scale.

    Most people in the UK care more about where someone’s degree came from or what their background is rather than the idea itself.

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Bloomberg Technology

London’s AI Ecosystem Never Better, ElevenLabs CEO Says

ElevenLabs Chief Executive Officer Mati Staniszewski says a growing number of founders believe they can build global companies from Britain. The company, which uses AI to create a variety of realistic voices, is the UK’s most valuable AI start-up at $11 billion. Staniszewski speaks to Bloomberg’s Tom Mackenzie at London Tech Week. Watch the full…

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ElevenLabs Chief Executive Officer Mati Staniszewski says a growing number of founders believe they can build global companies from Britain. The company, which uses AI to create a variety of realistic voices, is the UK’s most valuable AI start-up at $11 billion. Staniszewski speaks to Bloomberg’s Tom Mackenzie at London Tech Week.

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Bloomberg Technology

SpaceX Makes History With Biggest-Ever IPO | Bloomberg Tech 6/12/2026

Bloomberg’s Caroline Hyde and Ed Ludlow break down SpaceX’s big debut in the public markets as shares start trading on the Nasdaq. They are joined by 137 Ventures Partner Christian Garrett, Pegasus Tech Ventures Founder Anis Uzzaman, Laffer Tengler Investments CEO & CIO Nancy Tengler, and Tesla retail investor Alexandra Merz to discuss what it…

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Bloomberg’s Caroline Hyde and Ed Ludlow break down SpaceX’s big debut in the public markets as shares start trading on the Nasdaq. They are joined by 137 Ventures Partner Christian Garrett, Pegasus Tech Ventures Founder Anis Uzzaman, Laffer Tengler Investments CEO & CIO Nancy Tengler, and Tesla retail investor Alexandra Merz to discuss what it means for investors, the space economy, and the AI IPO pipeline.

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00:00:00 – Bloomberg Tech Begins
00:01:42 – Yahaira Anand, Bloomberg News
00:02:42 – Christian Garrett, 137 Ventures
00:08:46 – Mandeep Singh, Bloomberg Intelligence
00:15:11 – Rebecca Torrence, Bloomberg News
00:17:11 – Anis Uzzaman, Pegasus Founder & CEO
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00:30:26 – Nancy Tengler, Laffer Tengker Investment
00:34:57 – Bailey Lipschultz, Bloomberg News
00:41:55 – Alexandra Merz, L&F Investor Services
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

Elon Musk Is the World’s First Trillionaire

It’s official: The world has its first trillionaire. At $150 a share, Elon Musk’s net worth is roughly $1.05 trillion. SpaceX began trading on the Nasdaq Friday morning. Caroline Hyde, Ed Ludlow and Alexandra Merz, a Tesla investor, discuss. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes…

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It’s official: The world has its first trillionaire. At $150 a share, Elon Musk’s net worth is roughly $1.05 trillion. SpaceX began trading on the Nasdaq Friday morning. Caroline Hyde, Ed Ludlow and Alexandra Merz, a Tesla investor, discuss.
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