\UK tech startups and scaleups to watch in 2021

\UK tech startups and scaleups to watch in 2021

The UK is still Europe’s leading startup nation, attracting €17.2bn in venture capital funding in the first half of 2021.

So far this year UK startups have raised a record €17.2bn from VC funds, more than the €14bn in all of 2020.

But which are the country's most exciting startups and scaleups? Which are the ones to watch in 2021?

Our team of experts at Sifted have chosen a list of more than 100 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

Thought Machine's logo

Thought Machine

Cloud native fintech

fintech / cloud computing

thoughtmachine.net

London, UK

2014

€139m

SERIES B

Privitar's logo

Privitar

Enterprise data privacy software

enterprise software / security

privitar.com

London, UK

2014

€135m

SERIES C

€364m

100-500

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Dext's logo

Dext

A pre-accounting and remote working tool for accountants and bookkeepers

fintech; enterprise software / financial management solutions

dext.com/uk

London, UK

2010

€125m

SERIES C

€264-396m

100-500

Bought by Many's logo

Bought by Many

Better pet insurance

fintech / insurance

boughtbymany.com

London, UK

2012

€439m

SERIES D

€1.7bn

100-500

Exscientia's logo

Exscientia

Applying AI and big data processing to accelerate discovery and development of drugs

health / AI

exscientia.ai

Oxford, UK

2012

€610m

SERIES D

€218-327m

50-100

Second Nature's logo

Second Nature

Diabetes app

London, UK

2015

€22m

SERIES A

€27-56m

50-100

Paddle's logo

Paddle

Revenue delivery platform for SaaS

fintech; marketing / ecommerce solutions

paddle.com

Ivybridge, UK

2012

€85m

SERIES C

€247-371m

100-500

Ogury's logo

Ogury

Mobile adtech

adtech / mobile app

ogury.com

London, UK

2014

€84m

SERIES C

€182-273m

100-500

LabGenius's logo

LabGenius

AI-driven drug discovery platform

health / biotech

labgeni.us

London, UK

2012

€26m

SERIES A

€55-82m

10-50

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Habito's logo

Habito

Digital mortgage broker

fintech; real estate / mortgages & lending

habito.com

London, UK

2015

€78m

SERIES C

€168-252m

100-500

Azimo's logo

Azimo

International money transfer services

fintech /

azimo.com

London, UK

2012

€60m

DEBT

€73-109m

100-500

Bulb's logo

Bulb

100% renewable electricity and gas provider

energy /

bulb.co.uk

London, UK

2014

€72m

GROWTH EQUITY

€378m

500-1000

Winnow's logo

Winnow

Food waste management

London, UK

2013

€22m

DEBT

€44-65m

100-500

Five's logo

Five

Uses AI and machine learning to develop navigation systems for self-driving cars

transportation / autonomous & sensor tech; navigation & mapping

five.ai

Cambridge, UK

2015

€72m

SERIES B

€149-224m

100-500

Monese's logo

Monese

Online banking platform

fintech / banking

monese.com

London, UK

2013

€70m

SERIES B

€218-327m

100-500

HealthHero's logo

HealthHero

Virtual healthcare provider

London, UK

2019

€70m

LATE VC

10-50

GoCardless's logo

GoCardless

Simple and cheap way to take payments online: no merchant account, no credit card fees, no hassle

fintech / payments

gocardless.com

London, UK

2011

€1,500m

SERIES F

€882m

100-500

Soldo's logo

Soldo

Company spending app

fintech / payments; financial management solutions

soldo.com

London, UK

2014

€70m

SERIES B

€216-324m

100-500

Oxbotica's logo

Oxbotica

Autonomous control and fleet management software

robotics / machine learning

oxbotica.com

Oxford, UK

2014

€82m

SERIES B

€171-256m

100-500

Healx's logo

Healx

AI-powered and patient-inspired platform accelerating the discovery and development of rare disease treatments

health / biotech; health platform

healx.io

Cambridge, UK

2014

€62m

SERIES B

€204-305m

50-100

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