Tech Nation, June 23, 2022 5 min read
Twenty UK tech scaleups have joined the third cohort of the Tech Nation International Growth Programme for Southeast Asia and Australia.
The 20 scaleups span more than ten tech sectors, including FinTech, LawTech, Cyber, HealthTech and ClimateTech – of which the demand in Asia Pacific is high.
From over 120 applications, the selected cohort demonstrates regional diversity across the UK. 65% are headquartered outside of London, with significant hubs in the Midlands, the Southeast, Scotland and Yorkshire.
Out of the 20 scaleups, 10 will join the programme focusing on growth into Australia, and the other 10 will join the programme supporting expansion into Southeast Asian markets.
The programme is part of the UK Government’s Digital Trade Network in Asia Pacific helping innovative tech companies access trade and investment opportunities between the UK and Asia Pacific and forge new partnerships in exciting new markets including Australia and Singapore, Malaysia, Thailand and Indonesia in Southeast Asia.
UK scaleups have already seen success in the Asia Pacific region off the back of Tech Nation’s international support. Alumni including SeedLegals and OLIO set up in Singapore earlier this year, and Sensat, SoPost, ISMS.Online, Guide Education, NPlan and LandTech all landed or expanded their presence in Australia.
Sam Evans, Director of International at Tech Nation said: “Having just got back from the APAC region and seen firsthand the fast moving internet economy in the region, I am delighted that we are supporting 20 of the UK’s high growth scaleups with their expansion into Australia and Southeast Asia. The UK is punching above its weight for digital service exports, but has a way to go to catch global leaders like the US and India. UK tech companies like those on this cohort have the global mindset to ensure UK tech is successful overseas and maintains its competitiveness on the global stage.”
This announcement follows the launch of GBxAsia, a private network powered by Tech Nation, for successful British entrepreneurs, investors and senior British tech executives living in Asia Pacific.
ISMS.online (Brighton)
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Beacon (Leeds)
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Goldilock (Cannock)
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Vatic (Oxford)
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Cognitiv+ (London)
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Collective Benefits (London)
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Coincover (Cardiff)
Cryptocurrency ownership is growing fast and becoming more mainstream, however to many it still feels like a risky investment. Coincover is changing this by creating the easiest way to protect and manage digital currency anywhere in the world.
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Faradai (London)
Faradai platforms help organisations to navigate their net zero journey in a smarter way by harnessing the power of data and AI. They help organisations to measure, report and reduce their emissions. They improve efficiency and accuracy in data capture, conduct detailed analysis and provide actionable insights to reach your goals more quickly.
Robin AI (London)
Robin AI makes contracts simple using a combination of proprietary software and machine learning to re-imagine how contracts are drafted, negotiated and used. What makes Robin AI unique in the world of legal technology is that they understand and appreciate the capabilities of AI. Comprehending even simple contracts is sometimes difficult, so they pair their AI tool with expert legal professionals that validate the work of their technology. They call it AI+.
Oxbotica (Oxford)
Oxbotica, is a global leader in autonomous vehicle software for businesses and is on a mission to make the Earth move, unleashing the benefits of self-driving technology to every person and every organisation on the planet. It offers a suite of products – Oxbotica Driver, Cloud, and MetaDriver, which are enabling its vision of Universal Autonomy: the ability of any vehicle, of any size, in any location to operate autonomously – safely and sustainably.
Hammock (London)
Hammock is the property finance platform that helps landlords save time and money. They provide banking, bookkeeping, tax statement and business intelligence services for the property sector.
Topolytics (Edinburgh)
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Wombat (London)
To make investing in your future accessible and enjoyable, by building products that smash down the barriers to the stock market.
Versed.ai (Cambridge)
Versed AI helps companies monitor, manage, and mitigate supply chain risks with AI-powered supply chain visibility and transparency. They do this by using cutting edge natural language processing (NLP) techniques to extract buyer-supplier relationships from text documents. They can then aggregate this into a large supply chain map.
Recap (Lincoln)
Recap makes crypto taxes simple. They help users calculate crypto taxes in a simple to use, privacy-focused app. With thousands of transactions across different wallets, blockchains and exchanges, crypto taxes can be messy. With Recap, users can easily track all their crypto assets in one place and automatically calculate their crypto tax position.
DDM Health (Coventry)
DDM provide AI-led, data-driven population health solutions to empower patients to achieve their health goals, with over 1.8 million members across platforms. DDM work with global partners within healthcare, insurance, and diagnostics to engage populations and improve clinical health outcomes leading to reduced costs for the healthcare system.
Avvoka (London)
Avvoka is a document automation, negotiation and analytics tool designed to help law firms, in-house legal teams and businesses draft documents, negotiate them, and leverage data insights from that process to draft better documents, and get to “yes” faster.
IGS – Intelligent Growth Solutions (Edinburgh)
IGS is a multi-award-winning international agritech innovator delivering vertical farming solutions to customers across the world. The approach and technological design are based upon a culture of continuous innovation, a refusal to accept conventional thinking and brilliant, simple design.
Authenticate (Sheffield)
Authenticate are driven by helping businesses to create more transparent, sustainable and resilient supply chains through collaborative supplier engagement. By leveraging the power of their software solution, they deliver innovation and value to pioneering businesses by increasing efficiencies and mitigating risk whilst striving for a sustainable world, fit for the future.
Moneyhub (Bristol)
Moneyhub are a group of developers, financial experts, and optimists who share a vision for improving the financial wellness of people, their businesses, and their communities.
