15 fast-growth UK start-ups added to Tech City’s ‘Future Fifty’
Deliveroo, Crowdcube and Yieldify join Tech City UK initiative as Funding Circle, Shazam and Onefinestay “graduate”
Tech City UK has announced the 15 new members to join its ‘Future Fifty’; a programme which looks to showcase and support the UK’s top 50 fast-growth digital start-ups.
The new cohort features several names familiar to Startups readers including restaurant food delivery platform Deliveroo, founded by Young Guns William Shu (pictured) and Greg Orlowski, and e-commerce software solution Yieldify; founded by Young Guns Jay and Meelan Radia.
Three times Startups 100 listed Crowdcube also made the cut, as well as Brighton-based social media monitoring company Brandwatch; which secured $33m in October to break the US market and Basingstoke-based cloud customer contact platform NewVoiceMedia.
Launched in 2013, the year-long Future Fifty programme provides public and private sector support to help members scale and make their initial public offering (IPOs) in the UK. Collectively, the new intake has raised more than $660m which bringing the total raised by Future Fifty companies to £791m since the prfounded in 2013 to £791m.
The full list of new companies is:
- Lost My Name
- MWR InfoSecurity
- Powa Technologies
- Space Ape Games
- The Floow Limited
Eileen Burbidge, chair of Tech City UK, commented: “The UK is developing a global reputation for world-class digital innovation in sectors such as fintech and e-commerce. In turn, this is attracting increasing investment activity, talent and expertise into the country.”
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Gerard Grech, CEO of Tech City UK, added:
“Britain’s digital industry continues to defy expectation. From fintech to online shopping, cyber security to gaming, the Future Fifty companies reflect the diversity of our fastest growing sector.
“In a rich and varied marketplace, these entrepreneurs are united by global ambition and enormous potential. The digital businesses joining the Future Fifty programme are a window into the future of the digital economy.”