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Government backs next generation of tech scale ups

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Government backs next generation of tech scale ups

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The Department for Business and Trade has announced four tech scale up businesses as winners of the Unicorn Kingdom Pathfinder Awards.

  • Four tech scale up companies announced as winners of the Unicorn Kingdom Pathfinder Awards (UKPA) across innovative categories such as AI and cyber security.

  • Programme aims to nurture the world’s most talented scale ups within the UK’s tech ecosystem and help them establish a base in the UK economy.
  • The UK has more unicorns than France and Germany combined and continues be a prime destination for tech businesses from across the world.

Four innovative tech scale up businesses tackling challenges from connecting cancer patients to clinical trials, to improving IT systems’ resistance to cyber-attacks, have been announced as winners of the Unicorn Kingdom Pathfinder Awards (UKPA) - the largest global awards for tech scale up companies.

The awards, hosted by the Department for Business and Trade (DBT), provide a unique opportunity to unearth the most promising businesses in tech and builds on the success of the UK’s Tech Rocketship Awards in 2023, which resulted in £67.4 million investment into the UK.

The government is focused on transforming the UK into even more of a magnet for investors and global businesses of all shapes and sizes. The awards serve as a reminder that the UK is the place to do business, helping to advance further opportunities for investment and growth.

Finalists were drawn from four categories: AI, Cyber Security, Connected and Automated Mobility (CAM) technology and Digital Trade Solutions.

The winners were announced yesterday at LinkedIn’s HQ in London, where the 10 finalists pitched to a leading panel of judges from the tech industry. They also heard from entrepreneur Alpesh B Patel OBE in a fireside chat, alongside panellists Envisionit Deep AI and Shopline - two successful businesses that have set up in the UK.

On Thursday, the winners will also attend a roundtable at No10 to discuss their success at the awards, and explore ways in which the UK can maintain its position as a premier destination to grow a business.

gov.uk

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