Tech Track 100

10 Green Tech to Watch / 10 Tech Track 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 Track 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 was presented with an award sponsored by BGF at the Tech Track 100 awards event on 3 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 Track 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 Track 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 was presented with an award at the Tech Track 100 awards event on 3 November.

Company HQ location Year end Sales* £000s Staff Founded
D3OSmart materials developer Croydon Dec 15 9,200 70 2002
DarktraceCyber-security developer Cambridge Jun 16 n/a 300 2013
FlubitOnline shopping platform Central London Dec 15 ⦵15,000 60 2010
Hunter MacdonaldIT consultancy Reading Jun 16 21,071 412 2013
KanoEducational computer developer East London Dec 15 3,844 35 2013
WonderblyPersonalised children's book publisher East London Apr 16 19,500 60 2012
Oxford Nanopore TechnologiesDNA analysis technology Oxford Dec 15 746 290 2005
RefMEAcademic referencing platform North London Feb 16 ⍉1,500 24 2014
SmarterWifi home appliances manufacturer Southeast London Jun 16 2,037 20 2013
The Lad BibleOnline entertainment community Manchester Jul 16 7,500 100 2012

* sales and forecast sales provided by the companies

† Net sales