\The London startups and scaleups to watch in 2021

\The London startups and scaleups to watch in 2021

London is the top startup city in Europe. Which companies should be on your watchlist?

So far this year London startups have raised a record €11.8bn from VC funds, more than the €14.5bn in all of 2020.

But which are the most exciting startups and scaleups based in the city? Which are the ones to watch in 2021?

Our team of experts at Sifted have chosen a list of more than 130 exciting companies we think you need to know about, with an added 'Sifted take' on some to provide an extra layer of insight.

It's a mixture of the big and the small, the well known and the under the radar. But all are making waves. Keep reading below and stay informed about Europe’s new economy!

(P.S The data is from European Startups, with valuation estimates from Dealroom. If there is anyone missing from this list, or anything is wrong, please let us know by email at [email protected]).

Key

Year founded

Amount raised

Last funding round

Valuation

Employees

Oddbox's logo

Oddbox

Fruit and veg box scheme

food / logistics and delivery

oddbox.co.uk

London, UK

2016

€4m

EARLY VC

€13-19m

50-100

Patchwork Health's logo

Patchwork Health

Employment software targeted to temporary staffing in healthcare system

health / marketplace & ecommerce

patchwork.health

London, UK

2016

€4m

LATE VC

€14-22m

10-50

Sifted Take

Formerly LocumTap, the healthtech startup helps organisations better manage their temporary staff by finding vacant shifts in hospitals. In 2020, the team grew by 95% and raised €6m. With backing from the British Medical Journal, no less, this startup is filling a critical gap in the current and ongoing UK healthcare crisis.

Read more by founder Jing Ouyang: "Move slowly and build things"

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Peptone's logo

Peptone

Protein intelligence company

biotech / AI

peptone.io

London, UK

2018

€2m

SEED

€9-14m

1-10

Sifted Take

"This will change medicine. It will change research. It will change bioengineering. It will change everything." — said a scientist from the Max Planck Institute, commenting on Peptone's Ai programme.

Read why here: Never mind DeepMind — this London startup is explaining how proteins behave

Patch's logo

Patch

Sells, delivers and helps customers look after plants

home living /

patch.garden

London, UK

€3m

EARLY VC

€10-15m

50-100

Sifted Take

Patch is betting that remote workers would like a plant or two in their home-slash-new office. With not only couriers, but resident plant doctors and interior designers in tow, there's a good chance Patch presents a solid alternative to Columbia Road Flower Market for those who aren't so green fingered.

Beryl's logo

Beryl

Urban cycling technology

sports / sporting equipment

beryl.cc

London, UK

2012

€2m

SERIES A

€5-7m

50-100

Sifted Take

Beryl bikes are hitting towns all over the UK. 2020 saw 50k riders, 200k trips and almost 1m kilometres ridden using the bikeshare provider, equivalent to 162.10 tonnes of CO2 saved and the distance to the Moon and back.

Read more: Escooters aren’t as green as public transport— but they’re on their way

Beauty Pie's logo

Beauty Pie

Beauty and cosmetics retailer which sells direct from supplier

wellness beauty /

beautypie.com

London, UK

2016

SERIES A

50-100

Sifted Take

Beauty Pie is a subscription-based beauty retailer which curates skincare, makeup and body products direct from suppliers, meaning the products are available at lower costs.

Customers can choose monthly subscriptions between £5 to £99. Since Covid-19 entered the UK, the startup has seen its membership grow by 300%.

Read more: Fastest-growing direct-to-consumer startups in 2020

Fronted's logo

Fronted

Tool to help renters finance their rental deposit in chunks

fintech / payments

fronted.rent

London, UK

2019

€1m

ANGEL

1-10

VividQ's logo

VividQ

The first complete software platform for 3d holgoraphic displays and point-cloud processing

enterprise software /

vivid-q.com

London, UK

2017

€19m

SEED

€53-79m

10-50

Hertility Health's logo

Hertility Health

At-home tests for every stage of your fertility journey Make informed decisions about your health when it matters,not when it’s too late

health / medical devices;health platform

hertilityhealth.com

London, UK

2019

€5m

SEED

€20-30m

10-50

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Thymia's logo

Thymia

London, UK

2020

€1m

SEED

€4-6m

1-10

Quantexa's logo

Quantexa

AI technology connecting and analyzing data points

b2b / enterprise software

quantexa.com

London, UK

2016

€219m

SERIES D

€773m

500-1000

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