Tech Track 100

10 Green Tech to Watch / 10 Tech Ones to Watch

Fast Track researches and compiles two annual sub-tables, published in our Tech Track 100 supplement with The Sunday Times, featuring promising private British tech companies from a cross- section of industries that do not qualify for the main league table, but deserve special recognition.

The BGF 10 Green Tech to Watch focuses on companies that are developing technology which helps mitigate or reverse the effects of human activity on the environment, and is supported by BGF, the UK’s most active investor in growing businesses.

The 10 Tech Ones to Watch features tech companies that are set to grow rapidly.

The 10 finalists for each programme are selected by a judging panel and are featured in our Sunday Times supplement. Their founders and senior directors are also invited to the awards event, where they receive a certificate, with one overall winner presented with an award.

10 Green Tech to Watch

This is the inaugural year of our BGF 10 Green Tech to Watch supported by BGF, the UK’s most active investor in growing businesses. The programme highlights 10 companies that are developing technology to help mitigate or reverse the effects of human activity on the environment. The research takes into account factors such as scale and impact on the environment, business model, management team and investor credibility, as well as total funds raised. Our criteria include:

  • UK registered, unquoted, and not a subsidiary
  • Sales of £1m+ in the latest financial year including grant revenue; do not need to be in profit
  • Developing own patented technology, and at a stage beyond start-up

This year’s 10 Green Tech to Watch was judged by BGF and Fast Track, and published in the Tech Track 100 supplement in the Sunday Times on 6 September. An overall winner will be presented with an award sponsored by BGF at the Tech Track 100 awards event in November.

 

Company HQ Location Year end Latest sales Funds raised Staff Founded
AceleronReusable battery developer Birmingham Dec 19 c†1,000 £2.9m 10 2016
Carbon CleanCarbon capture technology developer Reading Mar 20 1,508 £24.7m 17 2009
CoGenWaste technology developer Stoke-on-Trent Nov 18 †10,342 n/a 19 2014
EnvoPAPSustainable materials producer Central London Mar 20 1,933 £0.8m 24 2015
Highview PowerEnergy storage technology developer Central London Dec 19 **10,000+ c£74m 40 2002
i2O WaterSmart water networks Southampton Dec 18 3,124 £31m+ 25 2005
IceotopeLiquid cooling technology Sheffield Dec 19 2,007 £14m 42 2012
MonodraughtSustainable ventilation specialist High Wycombe Dec 19 11,300 £2.7m 82 1974
OXIS EnergyLithium-Sulphur battery manufacturer Oxfordshire Dec 19 2,288 £49m 78 2005
Whitefox TechnologiesIndustrial membrane solution developer Central London Dec 19 5,687 £8.9m 31 2000

* Sales provided by company

† Annualised

**Includes a £10m UK government grant awarded in 2020

10 Tech Track Ones to Watch

The 10 Tech Ones to Watch showcases promising companies that do not currently meet the criteria of the Tech Track 100 league table. Companies must still be UK registered, unquoted, and not a subsidiary, and the research takes into account factors such as:

  • Strong current or forecast sales growth
  • The business model and innovative technologies
  • Experience of the management team
  • Investor credibility and funds raised

This year’s 10 Tech Ones to Watch was judged by BDO, Barclays and Fast Track, and published in the Tech Track 100 supplement in the Sunday Times on 6 September. An overall winner will be presented with an award at the Tech Track 100 awards event in November.

Company HQ location Year end Sales* £000s Staff Founded
AvectoIT security software developer Cheshire Jun 12 ‡4,114 48 2008
BJSSIT consultancy Leeds Apr 12 ‡41,824 223 1993
Edinburgh InstrumentsScientific instrumentation manufacturer West Lothian Mar 12 ‡8,235 73 1971
GEAR4Smartphone accessories manufacturer High Wycombe Dec 11 *28,946 57 2004
Ocean OutdoorDigital advertising developer Central London Dec 11 ‡17,096 19 2004

* sales and forecast sales provided by the companies

† Net sales