New initiative launched for Cambridge-based start-ups in London

“New initiative launched for Cambridge-based start-ups in London Sarah Fell Thu, 06/04/2026 - 12:20 London is the first of these landing spots, having been recognised in Dealroom’s annual Global Tech Ecosystem report as Europe’s top-performing city in AI, fintech and life sciences, and fourth globally. Connecting Cambridge with the world’s most successful innovation clusters “Companies cannot grow and scale in isolation,” said Jim Glasheen, Cambridge Enterprise’s Chief Executive Officer. “London is a globally connected hub. Our partners can help our companies become a ‘local’ within these complementary innovation ecosystems, creating the meaningful connections that allow companies to grow. London is only the beginning, as we identify new ecosystems in different locations and continue to build on a global proposition of Leaps.” Opportunity for Cambridge start-ups The initiative has been launched in collaboration with global partners Phoenix Court , Balderton Capital and the BioInnovation Institute Foundation (BII). With space for three companies, the London Leap will allow Cambridge start-ups to be embedded within the London ecosystem, which attracts not only international capital, but has a reputation for sustained unicorn creation. Cambridge is a global leader for innovation With Cambridge ranked as one of the world’s top cities for innovation output per capita in the Ecosystem Index, behind only the Bay Area and Boston, the deep connection with London will connect two powerful and complementary ecosystems. The aim is to boost Cambridge-born companies, translating the world-renowned research at the University of Cambridge into new ventures that are capable of addressing some of our most pressing global challenges, such as climate health, human health and quantum computing. Companies will be invited to apply and chosen on a competitive basis by the Leaps’ partners and an advisory board formed by investors and serial entrepreneurs with a global presence. “Cambridge continues to be one of the most exciting ecosystems for deep tech, producing companies such as Wayve, Healx and Darktrace,” said Suranga Chandratillake, General Partner at Balderton. “The next generation of ambitious founders deserves the support to match that ambition. This is why we’re delighted to partner with Cambridge Enterprise through Leaps, enabling the connections that are such a critical part of building a successful tech business.” Julia Hawkins, General Partner at Phoenix Court, added: “Cambridge has long produced some of the world’s most ambitious deep tech companies, from pioneers like Raspberry Pi to breakthrough businesses such as Nyobolt and CuspAI. The opportunity now is to help more of these companies connect earlier with global markets, talent and customers. London is one of the few ecosystems in the world with the density of operators, investors and international networks to help accelerate that journey.” “We are excited to support the London Leaps initiative and help strengthen the bridge between Cambridge and other leading innovation ecosystems,” said Jen Nielsen, CEO at BioInnovation Institute. “At BII, we are passionate about turning outstanding scientific research into commercially viable companies, and Cambridge represents one of the world’s foremost hubs for scientific excellence, entrepreneurial talent and breakthrough innovation.” Adapted from a news release first published by Cambridge Enterprise Find out more about innovation at the University and across Cambridge's world-leading technology cluster through our latest facts and figures . Cambridge Enterprise CEO, Jim Glasheen, speaking at launch of London Leaps Yes

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