The last year hasn’t been easy for a lot of businesses, and many have had to rely on Government support to continue trading. Going forward, there is still, for obvious reasons, nervousness about how and when the economy will open up, and some confusion about the new support schemes but, for some, the pandemic has presented unprecedented opportunities for growth. This is especially true for tech companies: they’re more able to operate remotely and cope with changing restrictions. And with increasing global reliance on virtual solutions, many have experienced a surge in demand and are hiring new staff to meet it. 

However, just because these companies have thrived during the pandemic doesn’t mean that demand for their products and services will ease as restrictions do. A company managing to raise a large amount of equity during COVID shows that investors are willing to bet that their growth will continue in the long term. 

In January, Beauhurst identified the fastest growing sectors of 2020 – comparing equity fundraisings in 2020 with 2019.

This month, to see exactly which companies are coming out of the pandemic on top, Beauhurst have put together a list of the 23 tech startups that have raised the most investment since January 2020, and been positively impacted by the pandemic. Whilst 8 are operating in Financial services, 5 in Health related and two in Insurtec, the others are operating in a range of sectors, sector—you’ll even find a Chinese Food delivery business!

Top Tech Startups in the UK 2021

RankCompany nameFunds since Jan 2020Total funds raisedYear founded
1Checkout.com£454m£631m2012
2Hopin£419m£419m2019
3Cazoo£365m£445m2018
4Graphcore£278m£528m2016
5Rapyd£219m£347m2016
6Oxford Nanopore Technologies£180m£673m2005
7Zopa£160m£296m2004
8Zego£130m£171m2016
9Vaccitech£121m£157m2016
10Gyroscope Therapeutics£108m£164m2016
11Thought Machine£97.3m£123m2016
12Onfido£79.2m£175m2010
13Bought by Many£78.4m£111m2011
14True Layer£70.2m£107m2016
15HungryPanda£68m£72.4m2016
16Tandem£60m£157m2013
17Cera£53m£75.1m2015
18FiveAI£52m£68m2016
19Paddle£51.4m£77m2012
20BenevolentAI£44.9m£253m2013
21Touchlight Genetics£42m£56m2008
22Congenica£40.9m£67.82012
23Atom£40m£522m2013

How Infintec can help

Whether you are a tech business seeking non-dilution funding to get your business back on its growth path, or one that is seeking equity investment, but not quite ready for it, we can help. Innovation funding and scaling is our specialty, along with preparing you for investment.

Email [email protected] and we’ll set up a call.