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 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 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 will be presented with an award at the Tech Track 100 awards event in November.

Company HQ location Year end Sales* £000s Staff Founded
ASI Data ScienceAI software developer Central London Feb 18 3,425 56 2014
ComplyAdvantageAnti-money laundering database Central London Mar 18 2,050 76 2014
Global-eCross-border ecommerce solutions Central London Dec 17 15,291 23 2013
Hyperdrive InnovationBattery technology developer Sunderland Mar 18 4,930 45 2012
JustParkSmart parking provider North London Mar 18 †3,721 42 2006
MemriseLanguage learning app East London Dec 17 7,215 65 2010
OTA InsightHospitality software provider Central London Dec 17 6,019 63 2012
Signal MediaMedia analytics platform Central London Mar 18 2,194 85 2013
TVSquaredTV ad analytics provider Edinburgh Dec 17 4,503 81 2012
YASAElectric motor manufacturer Oxfordshire Sep 17 4,145 131 2009

* sales and forecast sales provided by the companies

† Net sales