Enterprise capital investments are on the rise in King’s Cross, redefining the Metropolis of London

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Venture capital investments are on the rise in King’s Cross, redefining the City of London

In the City of London’s heyday of the 1980s, most respectable investment bankers paid little heed to King’s Cross, then a seedy, drug-ridden necropolis just a few miles from its stock exchange halls and wine bars. Today, the area attracts tech giants, start-ups and global investors even as the centuries-old heart of London’s financial world stands still.

At the heart of the renaissance is Alphabet Inc., which built Google’s £1 billion ($1.24 billion) UK headquarters and settled the area for artificial intelligence company DeepMind. The UK base of Meta Platforms Inc. is nearby. Early investors LocalGlobe and Balderton Capital are based locally; They have funded fintech firms from Wise Plc to Revolut Ltd.