CEOs of Deliveroo, Darktrace and Babylon urge UK to save tech startups


Deliveroo CEO Will Shu.

Aurelien Morissard | IP3 | Getty Images

CEOs from 12 of the U.K.’s top tech companies have written to the government urging for emergency business relief measures to be extended to start-ups.

In a joint letter to Britain’s Finance Minister Rishi Sunak, the start-up bosses warned that loan schemes implemented to help support businesses through the coronavirus crisis “benefit established firms and do not help companies of the future such as ours.”

Many start-ups say they cannot access the emergency financing as they are not yet profitable; it is normal for venture capital-backed tech companies to

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