East London Tech City (also known as Tech City or Silicon Roundabout) is a high-tech hub in East London, England. Its core location is between St Luke's and Hackney Road,[2] with a spinout accelerator facility near Queen Elizabeth Olympic Park.

In 2008, a cluster of web-based enterprises sprung up around the Old Street Roundabout. The neighbourhood was known as the 'City Fringe' because it was historically run-down in comparison to the City of London.

Rents were further lowered during the 2008–09 recession as a result of the closure of numerous businesses, making it more affordable for technology start-ups, while layoffs from financial services firms, such as investment banks, freed up a local pool of experienced talent interested in entrepreneurship.

East London is home to the world's third-largest technological cluster, and the World Economic Forum ranked London the most powerful city in the world, scoring 1692.3 out of a possible 2,600 points based on its economy, R&D investment, cultural engagement, liveability, environment, and accessibility.

In 2015, $2.28 billion was invested in London's technology sector, up 69 percent from $1.3 billion in 2014. Since 2010, technology companies based in London have raised a total of $5.2 billion in venture capital funding.

London is one of the most interconnected cities on the planet, not just by technology but also by people, thanks to its extensive tube network, which ranks sixth in terms of infrastructural quality. London has grown further towards being the most advanced metropolis on the planet thanks to its huge fleet of skyscrapers, including the Shard.