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

Supplant's logo

Supplant

Cambridge, United Kingdom

2017

€34m

Series A

€82

11-50

Carmoola's logo

Carmoola

Fintech, Transportation /

carmoola.co.uk

London, United Kingdom

2021

€32m

Seed

€162

11-50

Cumulus Neuroscience's logo

Cumulus Neuroscience

Belfast, United Kingdom

2015

€0

Yonder's logo

Yonder

London, United Kingdom

2020

€30m

Seed

€120

11-50

Colendi's logo

Colendi

Fintech /

colendi.com

London, United Kingdom

2016

€30m

Series A

€109

51-200

Sourceful's logo

Sourceful

Enterprise Software /

sourceful.com

Manchester, United Kingdom

2020

€29m

Series A

€91

51-200

Previse's logo

Previse

Fintech /

previ.se

Glasgow, United Kingdom

2016

€29m

Series B

€83

11-50

Clim8's logo

Clim8

London, United Kingdom

2019

€18m

Support Program

€17

51-200

Heygo's logo

Heygo

Travel, Media /

heygo.com

London, United Kingdom

2020

€18m

Series A

€109

51-200

Peanut's logo

Peanut

Community & social networks /

peanut-app.io

London, United Kingdom

2016

€16m

Series A

€55

51-200

Zest Eco's logo

Zest Eco

Energy /

zest.uk.com

Leeds, United Kingdom

2021

Early VC

10-50

Coincover's logo

Coincover

Security & compliance /

coincover.com

Cardiff, United Kingdom

2018

€9m

Series A

€42

11-50

Vira Health's logo

Vira Health

Menopause /

vira.health

London, United Kingdom

2019

€2m

Seed

€0

2-10

Solascure's logo

Solascure

Cardiff, United Kingdom

2017

€0

B-Secur's logo

B-Secur

Security /

b-secur.com

Belfast, United Kingdom

2015

Series A

€0

Qogita's logo

Qogita

Online marketplace /

qogita.com

London, United Kingdom

2021

Series B

€0

Responsible's logo

Responsible

Belfast, United Kingdom

2021

Seed

€0

Logos provided by Clearbit