Silicon Valley Comes to the UK (SVC2UK) has unveiled its annual list of the 50 highly ambitious, high-growth technology businesses in the UK joining the 2022 Scale Up Club. The Scale Up Club celebrates some of the UK’s fastest growing tech companies each year, providing unique opportunities to gain invaluable insight and mentoring from some of the world’s most high-profile business leaders and entrepreneurs.
Fifty companies were selected in the past year from across the UK, including PureLiFi, providing connectivity through light; RideTandem who turn local transport providers into smart shuttles for work; and Oxford Heartbeat, a digital health platform providing clinicians with cutting-edge technology to make life-saving decisions.
The 2022 cohort is also the most diverse to date, with 46% of the companies led or founded by women, and 32% of the founders coming from a diverse background. 42% are companies from outside the capital, with companies across Manchester, Edinburgh, Birmingham and more in the list.
The 2022 Scale Up Club also spans some of the UK’s most innovative sectors, including: fintech 20%, healthcare 14%, climatetech 6%, cyber security 4%, transportation 4% and edtech 6%.
Silicon Valley Comes to the UK (SVC2UK), was founded in 2006, by Reid Hoffman, Sherry Coutu CBE and Ellen Levy who felt compelled to fuel the global ecosystem for tech entrepreneurship.
Now run out of London & Partners, the business growth and destination agency for London, SVC2UK exists to support UK and London scale ups, champion an inclusive and diverse ecosystem and inspire the next generation of innovators.
Entering its 17th year, the SVC2UK event series brings together leading minds from the US and UK to discuss international scaling, collaboration and the game-changing ideas of the future.
Since its inception, SVC2UK has supported 880 Scale Up Club CEOs and founders, including London-based unicorn companies Wise and SkyScanner. Other notable alumni include the likes of Elvie, Trouva and The Drum.
Members of the Scale Up Club each year are invited to attend the flagship CEO Summit during the annual SVC2UK Summit to access knowledge and mentoring from top innovators, investors and business leaders in the UK and US tech ecosystems.
Mentors for the 2022 CEO Summit included Pete Flint OBE (General Partner, NFX), Rajesh Gupta (CFO, OakNorth), and Avid Larizadeh-Duggan (Senior Managing Director, Teachers’ Venture Growth). A series of roundtable discussions are delivered throughout the CEO Summit, mentoring Scale Up Club members to reach their growth potential. The SVC2UK Summit brings together leading minds from the US and UK to discuss international scaling and collaboration, the game-changing ideas of the future and the role technology can play in solving some of the greatest challenges of our time.
Janet Coyle, Managing Director Business Growth, London & Partners said:
“The UK is a leading global hub to grow and scale a business and the 2022 Scale Up Club companies demonstrate the diversity and vibrancy of the UK’s scale-up ecosystem. Britain is producing game changing companies across a range of high-growth sectors and it’s fantastic to see representation of businesses from many regions of the country in this cohort.
“It’s also refreshing to see the increasing number of companies with female founders and from diverse backgrounds. As two of the world’s leading hubs for technology and entrepreneurship, the UK and the Bay Area have an important role to play in promoting a fairer and more inclusive global business ecosystem. We look forward to welcoming entrepreneurs, investors, and policy makers to the SVC2UK Summit as we see lots of opportunities for the two ecosystems to collaborate and share ideas.”
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