UK tech startups and scaleups to watch in 2022

The UK is still Europe’s leading startup hub, attracting $40.6bn in venture capital funding in 2021.

The reference point of Europe’s tech landscape, the UK tops virtually every chart and metric of the region’s startup universe.

Its 48 unicorns and 40,000 startups get the most funding, close the most deals, and realise the most exits than any other country across the continent. It’s an increasingly mature tech space capable of pulling its weight against other global ecosystems.

While growth rates have slowed down in line with global market turmoil, the UK’s ecosystem value jumped 42.8% in 2021, and is steadily approaching $1tn — as much as Germany, France and Sweden combined, and third worldwide, according to Dealroom.

Sifted ranked the most promising startups across the UK in a weighted selection of new entries, older faces and fast-growing hits.

Key

Year founded

Amount raised

Last funding round

Valuation

Employees

Elvie's logo

Elvie

Health, Wellness Beauty /

elvie.com

London, United Kingdom

2013

€131m

Support Program

€348

201-500

Huma's logo

Huma

Health /

huma.com

London, United Kingdom

2011

€167m

Late VC

€591

51-200

Weavr.io's logo

Weavr.io

Fintech /

weavr.io

London, United Kingdom

2018

€48m

Series A

€182

51-200

Soldo's logo

Soldo

Fintech /

soldo.com

London, United Kingdom

2014

€240m

Series C

100-500

Monese's logo

Monese

Fintech /

monese.com

London, United Kingdom

2015

€155m

Series C

€409

201-500

ContractPod's logo

ContractPod

London, United Kingdom

2012

€155m

Series C

€523

201-500

Apollo Therapeutics's logo

Apollo Therapeutics

Stevenage, United Kingdom

2016

€132m

Early VC

€659

11-50

Builder's logo

Builder

Enterprise Software /

builder.ai

London, United Kingdom

2012

€118m

Series C

€455

201-500

Bit bio's logo

Bit bio

Health /

bit.bio

Cambridge, United Kingdom

2016

€131m

Series B

€468

51-200

Privitar's logo

Privitar

Security, Enterprise Software /

privitar.com

London, United Kingdom

2014

€135m

Series C

€364

51-200

Proximie's logo

Proximie

Health /

proximie.com

London, United Kingdom

2016

€45m

Series B

€173

51-200

Carwow's logo

Carwow

Transportation /

carwow.co.uk

London, United Kingdom

2013

€158m

Late VC

€250

201-500

Bloom & Wild's logo

Bloom & Wild

Home Living /

bloomandwild.com

London, United Kingdom

2014

€152m

Series D

€480

201-500

Evox Therapeutics's logo

Evox Therapeutics

Oxford, United Kingdom

2016

€141m

Series C

€415

51-200

Atom Bank's logo

Atom Bank

Durham, United Kingdom

2014

€636m

Late VC

€522

201-500

Nothing's logo

Nothing

London, United Kingdom

2020

€129m

Series B

€318

1001-5000

OMass Therapeutics's logo

OMass Therapeutics

Health /

omass.com

Oxford, United Kingdom

2016

€140m

Series B

€453

51-200

Beauty Pie's logo

Beauty Pie

Wellness Beauty /

beautypie.com

London, United Kingdom

2016

€127m

Series B

€455

51-200

Logos provided by Clearbit