Founders Forum Group acquires Tech Nation
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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.
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