Top Startups / January 4, 2022
Asaf Fybish

Asaf is an investor and startup growth advisor. He specializes in organic marketing and he's our Chief of Stash

Top UK Startups To Watch in 2022

The UK is one of the best hubs in the world for startups and the reason for this is the strong entrepreneurial spirit in the country, coupled with the strength of the available VC funding in the UK. The top startups in UK normally have a great blend of innovation and secure funding channels. In the UK, 500,000-700,000 new businesses are created every year, which highlights how easy it is to set up a company in the UK and 20,000 of these businesses were tech startups in 2020. With this in mind, we’ve created a list of the top UK startups to watch in 2022.

1. Infogrid

Year Founded: 2018

HQ: London, England

Size: 11-50

Founders: William Cowell de Gruchy

Infogrid is a UK startup that was founded in 2018 and is currently based in London, England. The company makes use of AI technology to automate building management and save time for facilities managers. The best part of these systems is the fact that they can also be integrated with existing systems, which allows for easier installation and long-term use of this system.

Since the business was founded a few years ago, it has already received an impressive amount of startup funding. So far, six investors have elected to put their money behind the business and this has yielded great results. As it stands, the business has raised a total of $15.5 Million in a few years.

2. Appear Here

Year Founded: 2013

HQ: London, England

Size: 51-100

Founders: Ross Bailey

Appear Here is a UK startup that was founded in 2013 and is currently headquartered in London, England. The company provides an online marketplace for retail space, helping businesses to get their foot in the door. They have helped to facilitate more than 10,000 stores getting the space they need and this number is going to increase even further in the future.

In the near-decade that the company has been in operation, it has received investment from nineteen different sources. From these sources, the business has managed to raise a total of $21.4 Million in an effort to accelerate its operations.

3. Concured

Year Founded: 2015

HQ: London, England

Size: 11-50

Founders: Tom Salvat

Concured is a British marketing technology startup that was founded in 2015 and is currently operating from a headquarters in London. The company uses artificial intelligence in order to help content marketers understand what content types will work the best for them in terms of engagement- so they always know what they should be writing about next.

The business has done well in terms of attracting outside investment to help further develop its operations. So far, ten investors have put their money behind the project and this has allowed the team to raise a total of $1.3 Million since 2015. It is very possible that we may be seeing more investment in the company in the new year.

4. Akoni Hub

Year Founded: 2015

HQ: London, England

Size: 11-50

Founders: Felicia Meyerowitz Singh, Panos Savvas, Yann Gindre

Akoni Hub is a UK startup that was founded in 2015 and is currently based in London, England. Currently, the company offers SMEs in the UK with a simple cash deposit marketplace tool. The company is also looking to expand on its list of financial management tools, with an aim of making financial management easier for businesses in the UK.

The company has had success in receiving startup funding, although the exact amount of funding is currently undisclosed. As it stands, the business has received investment from four investors across three rounds of funding, with the last being in June 2020. It is likely that we may see more investment coming in for Akoni Hub in the near future.

5. The Small Robot Company

Year Founded: 2017

HQ: Salisbury, England

Size: 11-50

Founders: Ben Scott-Robinson, Sam Watson Jones

The Small Robot Company is a UK robotics startup that was founded in 2017 and is currently based in Salisbury, England. The business uses its advanced robotics technology to help farmers with automated vehicles that can make timely interventions in the farming process when each crop has reached its maximum potential yield. This helps to improve profits for farmers, at a time that is very difficult for the market.

Since the company was founded, it has already received a helpful amount of startup funding to further grow the business. Since 2017, the company has received funding from three investors. This funding has reached a level of £8.4 Million which will go a long way in their mission to help farmers. It is also very likely that more investment may be on the horizon for the business.

6. Sidequest

Year Founded: 2019

HQ: Belfast, Northern Ireland

Size: 1-10

Founders: Orla Harris, Shane Harris

Sidequest is a UK startup that was founded in 2019 and is currently headquartered in Belfast, Northern Ireland. The company provides a community-driven app store for virtual reality apps and games. This helps people to find new games for their VR tools and also helps developers to have another place to advertise their games.

Since the business was founded by the husband and wife team, they have received investment from nine sources. This investment came to a collective total of $3.6 Million and has allowed the business to continue to grow and develop.

7. Karakuri

Year Founded: 2018

HQ: London, England

Size: 11-50

Founders: Barney Wragg and Brent Hoberman

Karakuri is a UK startup that was founded in 2018 and is currently headquartered in the country’s capital of London. The company focuses on robotics, specifically to help commercial-level kitchens to automate much of the work that they do, such as ingredient prep and the measuring of said ingredients. This helps kitchens to become more efficient and make better food for their customers.

Since the business was founded a few short years ago, it has already received an impressive amount of startup funding. So far, five investors have backed the British robotics startup and this has allowed it to raise a figure of £13.5 Million to further develop its robots. We may be seeing a lot more kitchens with their robots in the future.

8. Fundamental VR

Year Founded: 2012

HQ: London, England

Size: 51-100

Founders: Chris Scattergood, Richard Vincent

Fundamental VR is a VR medical startup that was founded in 2012 and is currently based in London, England. The company creates software that is very similar to flight simulators, however, these are specifically created for surgeons. This creates a safe and risk-free environment for surgeons to hone and develop their skills so that they can take better care of their real patients.

The company’s mission to improve patient safety through VR has already attracted startup funding. So far, seven investors have put their money behind the business and this has allowed it to raise a figure of $9.6 Million to further develop the VR technology.

9. Humaans

Year Founded: 2020

HQ: London, England

Size: 11-50

Founders: Giovanni Luperti, Karolis Narkevicius

Humaans is a UK startup that was founded in 2020 and is currently based in London, England. The company has created a software solution that helps businesses to hire, onboard and manage their employees without the need for clunky and oppressive spreadsheets. A large number of the processes are automated and are contained within an easy to use and understand dashboard.

Since the business was founded in 2020, it has already had a lot of success with investors. So far, the business has raised a total of $5 Million in startup funding from a large group of investors, numbering 15 in total.

10. Everledger

Year Founded: 2015

HQ: London, England

Size: 51-100

Founders: Leanne Kemp

Everledger is a UK startup that was founded in 2015 and is currently based in London, England. The company provides immutable ledgers for diamonds and the ownership of other assets, which creates a transparent and easy-to-use system that allows people to trace their assets throughout their entire lifetime.

Since the business was founded, it has attracted a large amount of investment. So far, sixteen investors have taken the risk to invest in the company and this has allowed it to raise a total of $39.8 Million across its short lifetime. It is very likely that the company will continue to grow and receive further investment in the new year.

11. Beam

Year Founded: 2017

HQ: London, England

Size: 11-50

Founders: Alex Stephany

Beam is a UK startup that was founded in 2017 and is currently based in the capital city of London. The company is on a social mission to help the homeless, which is achieved through the use of crowdfunding. This money is then used to provide useful vocational training for homeless people that can help them to get into stable work and homes, which can help to turn their lives around.

Investors have not yet taken notice of the business, despite its noble mission. Although, the fact that they partake in crowdfunding to achieve their goals has alleviated some of this pressure. It is uncertain whether investors will take a chance on a startup like this, but their goals make them more than worthy of inclusion on this list.

12. Whirli

Year Founded: 2018

HQ: London, England

Size: 11-50

Founders: Nigel Phan

Whirli is a UK startup that was founded in 2018 and is currently headquartered in London, England. The company provides a toy sharing subscription service for kids, which means that parents can pay the subscription and they will have the choice of what they want, then the company will deliver it to them. Once they are done with these toys, the company takes them back and can replace them with other toys. This makes toy shopping fun and varied for both kids and parents.

The company has received some outside investment since it was founded, with two investors putting their money behind the business. As a result of this, the company has managed to raise a total of £5.2 Million since it was founded.

13. Hoxton Farms

Year Founded: 2020

HQ: London, England

Size: 1-10

Founders: Ed Steele, Max Jamilly

Hoxton Farms is a UK startup that was founded in 2020 and is currently based in London, England. The company is helping out the meat-free alternatives industry by creating a brand of real animal fat, without the use of actual animals. This is achieved through cell biology and mathematics, to create great alternatives, without harming any real animals.

Since the company was founded, it has already been a hit with investors. This is evidenced by the fact that nine investors have put their money behind the business, with the total raised amount sitting at $3.8 Million at the time of writing. This shows that their mission is appealing to the hearts of investors in a rapidly growing market.

14. Omnipresent

Year Founded: 2019

HQ: London, England

Size: 11-50

Founders: Guenther Eisinger, Matthew Wilson

Omnipresent is a UK startup that was founded in 2019 and is currently based in the city of London. The company aims to help businesses onboard and manage their remote employees across the globe with a SaaS solution. This solution handles things like pay, compliance, HR, international compliance and more.

Since the company was founded a couple of years ago, it has proven popular with investors. This is evidenced by the fact that the business has received funding from a total of ten investors in that short space of time. These investors have allowed the company to raise a total of $17.8 Million in startup funding since it was founded.

15. Greyparrot

Year Founded: 2019

HQ: London, England

Size: 1-10

Founders: Ambarish Mitra, Marco Paladini, Mikela Druckman, Nikola Sivacki

Greyparrot is a UK startup that was founded in 2019 and is currently based in the city of London, in England. They have created a range of computer vision solutions to assist companies in the waste management sector with their next-generation robots and smart systems. The company aims to create a world where waste is managed more effectively and safely for the benefit of the overall environment of the world.

Since the business was founded it has already managed to attract the attention of several investors, with five deciding to put their money behind the company. The company has managed to raise a total of $4.8 Million from these investors, which goes a long way towards reinforcing its mission for a cleaner future.

16. Kheiron

Year Founded: 2016

HQ: London, England

Size: 11-50

Founders: Peter Kecskemethy, Tobias Rijken

Kheiron is a healthcare startup that was founded in 2016 and is currently headquartered in London. The company is on a mission to fight cancer and help patients to survive through a blend of advanced and accurate early screening, along with a process that is called precision radiology. They have already seen great success with their breast cancer screening tech and they have more on the way.

Since the company was founded, it has proven popular with a number of investors. For example, the business has received investment from a total of nineteen different investors. This highlights the importance of their mission and the effectiveness of their products. So far, these investors have collectively pledged a total of $22.3 Million to the company.

17. AntennaWare

Year Founded: 2020

HQ: Belfast, Northern Ireland

Size: 1-10

Founders: Dr Gareth Conway, Dr. Matthew Magill

AntennaWare is a UK startup that was founded in 2020 and is currently headquartered in Belfast, Northern Ireland. The company develops and builds antenna solutions that help to make wearable technological devices more effective by increasing their range and reliability.

Since the company was founded, it has had some luck in attracting outside investment, however, the exact amount of investment is currently undisclosed. The business underwent a single seed round of funding and had two investors put money into the project.

18. Divido

Year Founded: 2014

HQ: London, England

Size: 51-100

Founders: Anders Hallsten, Christer Holloman, Fredrik Borgquist

Divido is a UK startup that was founded in 2014 and is currently headquartered in London, England. The company provides white label solutions for consumer lending, for both financial institutions and retail brands that sell to consumers. The company works with more than 1000 partners and is constantly expanding this number.

Since the business was founded, it has attracted a large volume of funding from investors. As it stands, eighteen investors have put their money behind the business, which has allowed it to raise a total of $49 Million in startup funding. This is a large amount and will go a long way to helping the company to reach more businesses with its product line.

19. Rocket Utilities

Year Founded: 2019

HQ: Wirral, England

Size: 1-10

Founders: Peter Hallwood

Rocket Utilities is a startup operating in the British energy market as a utility broker and is headquartered in Wirral, England. The market gets a bad reputation, however, Rocket Utilities have consistently achieved good feedback from customers and have featured on multiple lists of the best utility brokers in the UK.

Due to the infancy of the company, it has not yet received any outside investment funding to help it along. Despite this, the business is in a strong position going into the new year and any British business owners reading this may want to consider whether they can make further savings on their utility bills.

20. Cervest

Year Founded: 2016

HQ: London, England

Size: 51-100

Founders: Iggy Bassi

Cervest is a UK startup that was founded in 2016 and is currently based in London, England. The company provides a climate intelligence solution to other businesses, governments and more. This allows these groups to gain a better understanding of how the impending climate emergency will impact their assets, which serves as an incentive towards better climate management within these organizations.

Since the business was founded, its climate-central mission has attracted a large amount of investment. So far, seven investors have put their money behind the business, which has allowed it to raise £26.6 Million to further its platform and its goals.

21. AccuraData

Year Founded: 2020

HQ: Worcester, England

Size: 1-10

Founders: Harry George, Kieran Evans

AccuraData is a UK startup that was founded in 2020 and is currently headquartered in Worcester, England. The company specializes in providing various types of GDPR-compliant contact data for businesses in a variety of different industries to help them accelerate their telemarketing and email marketing campaigns. The company also provides branding and marketing support to its customers.

Since the business was founded, it has yet to receive any outside investment, however, it is poised to enter the new year in a strong position.

FAQs

What is the Average VC Deal in the UK?

The average VC deal in the UK is very dependent on where you are in the country. For example, London typically has the highest VC deal values with the median seed round being $653,000 and the average Series A round being $4 Million, both far above the global averages.

What are the Strongest Sectors in the UK?

The UK is incredibly strong in a variety of different sectors, however, the main dominant forces are the financial sector, technology, manufacturing, construction and tourism.

What Causes UK Startups To Fail?

Most UK startups actually fail because there isn’t a need for their products and services, which highlights the need to conduct proper market research. Some other common causes are poor financial management, having the wrong team in place and being outcompeted in the market, which is a consequence of having such a strong business hotbed in the country.

Top UK Startups To Watch...
Asaf Fybish

Asaf is an investor and startup growth advisor. He specializes in organic marketing and he's our Chief of Stash

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