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

Ori Biotech's logo

Ori Biotech

London, United Kingdom

2015

€127m

Series B

€455

11-50

Omnipresent's logo

Omnipresent

Jobs Recruitment /

omnipresent.com

London, United Kingdom

2020

€125m

Series B

€545

201-500

Envelop's logo

Envelop

Security, Fintech /

enveloprisk.com

Westminster, United Kingdom

2016

€124m

Series B

€591

11-50

DICE's logo

DICE

Music, Event Tech /

dice.fm

London, United Kingdom

2014

€120m

Series C

€555

201-500

Immersive Labs's logo

Immersive Labs

Bristol, United Kingdom

2017

€112m

Series C

€341

201-500

Cognism's logo

Cognism

Marketing /

cognism.com

London, United Kingdom

2015

€117m

Series C

€398

201-500

Modulr Finance's logo

Modulr Finance

London, United Kingdom

2015

€75m

Late VC

€113

201-500

Cera's logo

Cera

London, United Kingdom

2015

€113m

€318

201-500

Wagestream's logo

Wagestream

London, United Kingdom

2018

€98m

Debt

€273

51-200

Railsr's logo

Railsr

Fintech /

railsr.com

London, United Kingdom

2016

€110m

Series B

€318

201-500

Newcleo's logo

Newcleo

Energy /

newcleo.com

London, United Kingdom

2021

€107m

Early VC

€536

51-200

Uncapped's logo

Uncapped

London, United Kingdom

2019

€107m

Support Program

€364

51-200

Peak's logo

Peak

Marketing, Enterprise Software /

peak.ai

Manchester, United Kingdom

2014

€106m

Series C

€341

201-500

Qredo's logo

Qredo

Security, Fintech /

qredo.com

London, United Kingdom

2011

€102m

Series A

€418

51-200

Freetrade's logo

Freetrade

Fintech /

freetrade.io

London, United Kingdom

2016

€81m

Late VC

€300

201-500

Pocket FM's logo

Pocket FM

Real Estate /

pocketfm.com

Edinburgh, United Kingdom

2013

€85m

Series C

€295

501-1000

InstaDeep's logo

InstaDeep

Enterprise Software /

instadeep.com

London, United Kingdom

2015

€97m

Series B

€455

51-200

Rossum's logo

Rossum

Legal, Enterprise Software /

rossum.ai

London, United Kingdom

2017

€96m

Series A

€455

51-200

ONI's logo

ONI

Health /

oni.bio

Oxford, United Kingdom

2016

€95m

Series B

€341

51-200

Permutive's logo

Permutive

Marketing, Enterprise Software /

permutive.com

London, United Kingdom

2015

€95m

Series C

€341

51-200

Logos provided by Clearbit