AT100 Stars join Tech Nation’s Future Fifty programme
Top 100 Asian Stars in UK List (AT100) alumni Aneesh Varma (Aire); Amit Gudka (Bulb Energy), Anil Stocker (Market Invoice) and Mandeep Singh (Trouva) are some of the entrepreneurs whose companies have joined Tech Nation’s Future Fifty programme, a powerful network of the UK’s leading late-stage tech companies. Future Fifty companies, including last year’s cohort, comprising Rishi Khosla’s OakNorth and Mandeep Singh’s Trouva among other, have so far gone on to raise over $8bn. Future Fifty was established in 2013 to champion and support British tech businesses as they scale up their operations nationally and internationally – offering a window into the UK’s digital future.
About the Future Fifty
The Future Fifty programme supports companies in turbocharging their ambitions, creating jobs and opportunities across the UK, and inspiring the next generation of entrepreneurs.
Each company chosen for the 2019 cohort will benefit from the programme’s world-class connectivity – with an exceptional peer network to support and inspire, troubleshoot and collaborate, a tailored package of workshops and masterclasses to help them build their profile and move to the next level, and direct contacts to senior decision-makers in Government. Meanwhile, access to the best global talent is made easier by a dedicated Tech Nation visa team which provides expert assistance with Tier 1 visa applications.
Companies singled out for membership of the latest Future Fifty cohort must have gained considerable traction within their chosen markets and shown the potential to become global technology leaders of tomorrow.
Future Fifty highlights
Since its launch in 2013, 127 businesses have taken part in the Future Fifty programme and the list of alumni includes some of the highest profile names in the technology sector, such as Skyscanner, Deliveroo, Farfetch, Funding Circle, Transferwise, Just Eat, Shazam, Made.com and dozens of other household names.
The programme has an enviable track record of helping young and new entrepreneurs fulfil their ambitions. Future Fifty alumni have been strikingly successful at raising funds. Figures compiled by Tech Nation indicate that companies participating in the programme between 2013 and 2018 have raised a combined $8bn via VC funding and capital markets. The sums raised each year have grown steadily over the lifetime of the programme, from $199m in 2013 to $2.5bn last year. In addition to a total of 29 M&A/trade sale deals, nine of the Future Fifty alumni have successfully taken their companies to the market via IPOs (Initial Public Offerings).
Parveen Dhanda, Future Fifty Programme Lead at Tech Nation, said: “The companies we’ve selected are already established in their chosen markets and are at the point where they can look forward to scaling up rapidly. These are incredibly talented and visionary entrepreneurs. The peer connections, mentoring and coaching that is on offer will help them fully deliver on their potential.”
Asian led companies in the Future Fifty programme
Aire: Aire exists to enable access to credit, while stopping the burden of debt for people. London | Fintech | @AireScore
Bulb Energy: The UK’s fastest growing energy supplier, providing affordable renewable energy to more than 1 million members across the UK. London | Hardware Devices and Internet of Things | @bulbenergy
MarketInvoice: MarketInvoice is a business finance company. They are the are Europe’s largest online invoice finance platform, helping businesses take charge of their cash flow – quickly and easily. London | Fintech | @marketinvoice
Perkbox: Perkbox is an employee experience platform, creating a better society by helping employees succeed, in life and at work. London | Enterprise Software | @perkbox
Quantexa: An enterprise intelligence company, empowering organisations to drive confident decisions from their data and better understand their customers. London | Enterprise Software | @quantexa
Salary Finance: Salary Finance is an employee financial wellbeing strategy and solutions provider helping millions of people around the world become financially healthier and happier. London | Fintech | @salaryfin
Biosite Systems: integrated solutions to manage, monitor and maximise construction site safety and security.
OakNorth: UK bank that provides fast, flexible and accessible debt finance (from £500k to £20m) to small and medium-sized enterprises.
Trouva: destination for shopping the world’s best independent shops, enabling customers to discover homeware and accessories you cannot find elsewhere.
For further information, visit https://technation.io/programmes/future-fifty/
