Everything you need to know about Libra 1.0
5 min read
Libra is a springboard for underrepresented founders in the UK who are growing and seeking specific support for their scale journey.
The Libra 2.0 programme will focus on companies with at least one ethnic minority founder with lived experience of little or no access to capital and commercial and networking opportunities to help them access equal opportunity in their scale journey. In addition, to qualify, a company must already be already at the seed funding stage and have the ambition to scale and grow fast.
The free, non-residential, six-month programme is centred around themed insights sessions, delivered by some of the most established entrepreneurs, covering topics such as raising series A, selling into corporates, scaling your operations and expanding internationally. The programme will focus on peer-to-peer learning and the cohort companies sharing the challenges in their own individual journeys. During networking events, the cohort will also be introduced to key stakeholders and decision-makers within corporates, investment firms, government bodies, and others. Additionally, the Libra programme offers access to the cross-programme sessions hosted by Tech Nation sector programmes focused on Fintech and Applied AI and Net-Zero.
Libra is not currently accepting applications, but you can pre-register your interest in the programme.
To assess if your company would benefit from this programme, check if you/ your company fulfil the following criteria:
*Agencies and consultancies are excluded.
As a founder, you will benefit from the Libra programme offering, giving you access to networks, commercial and capital.
The programme will create peer-to-peer network within the cohort itself and through access to the Tech Nation Alumni. All our programmes focus on creating a safe and trusted environment.
We want to bring you insightful and inspiring sessions from experts, who know what’s involved in scaling a tech company and can speak openly about their journey.
Tech Nation programmes focus on creating lasting relationships between founders and larger corporates across the world that can offer a mutually beneficial relationship.
We aim to break down barriers to understand and access venture capital, angel investors and family offices. With us, you’ll have several opportunities to network with key stakeholders.
Tech Nation is delighted to introduce the inaugural Libra 1.0 programme cohort. Our very first cohort brings with it a high calibre of startups in various sectors such as edtech, data analytics & business intelligence, health tech, smart cities and more. Read more about Libra 1.0.
Click on each company logo to discover more about the cohort member. For more information, please email abimohamed@technation.io.
London | Edtech | @air_maths
AirMaths is an online maths education platform, curating personalised learning materials and tutoring services for GCSE and A-level students. It aims to democratise education with the power of machine learning, providing a personalised learning journey with minimal human involvement to drive costs down and make top-quality tutoring affordable to less privileged students. The company also aims to level the playing field for learning maths and mitigate elitism in the UK education system.
London | SaaS | @baselimeHQ
Baselime makes it easy to identify and troubleshoot defects in serverless architectures. With Baselime's tools, identifying bottlenecks and resolving incidents is painless, and IT teams can Ssop aimlessly firefighting when there's an outage.
London | Health and Fitness Tech
Boxx is a boxing-inspired fitness brand with both a digital content platform and a physical studio. The company is currently developing 'the peloton of boxing', a connected product designed to blend in beautifully at home.
South West | SaaS | @brijjpm
Brijj is a project management tool built for data and analytics teams to collaborate with their stakeholders so they can deliver high-quality, actionable insights, together.
Midlands | SaaS | @chanodil
Chanodil is an automated sourcing platform that helps brands build faster, leaner and more responsible supply chains. Its mission is to create the world’s most trusted supply chains, offer the most responsible and innovative sourcing solutions and provide the most seamless experience for both brands and manufacturers. Through the platform, brands are matched with the required suppliers for their business and can then use the platform to communicate, share tech packs, receive quotes, request samples and manage production from design all the way to delivery - all from one dashboard while tracking all the actions in the supply chain.
London | Retail Tech / Net-Zero | @compareethics
Compare Ethics verifies businesses' sustainability credentials using patent-pending technology and ensures clear returns on investment for businesses increasing their sustainability standards. For consumers, it provides a trusted source of sustainability information.
London | Lawtech | @trydefine
Define optimises the contract drafting and reviewing process by allowing users to quickly access key information - all defined terms and references - in legal documents without ever having to leave the provision they are working on and therefore lose their context of review. Define acts as a risk management tool and efficiency software that has helped lawyers saved 30 mins to 1 hour a day when working on legal documents. Customers are some of the world's largest law firms and corporate legal teams including Allen & Overy, Barclays and Deloitte.
London | Ecommerce & Marketplace | @beautonomy
Beautonomy is a marketplace where beauty content creators can monetise their expertise with customisable products creators can design and promote, helping them to monetise their social media channels.
London | Proptech / Saas | @Eccobell_app
Eccobell is a "contactless as a service" provider, building an ecosystem of on-demand web applications using contactless technology to innovate how people access, communicate and interact with each other. The first product in the ecosystem is a "video doorbell as a service" for houses, apartments and commercial buildings, enabling anyone, anywhere to communicate with guests at just a tap. The product replaces redundant intercom systems allowing visitors to simply scan a display code outside an entrance to talk directly with residents wherever they are on any smart device or mobile.
London | HRtech | @FindersForce
Finders Force provides shift-booking software to connect, hire and interact with agency staff across the entire traffic management industry. The platform connects depots with quality operatives using artificial intelligence and is designed for systemising the hiring of operatives, monitoring performance stats and automating every component of staff management.
London | HRtech | @flairimpact
Flair Impact is a people analytics company with a survey-based product that helps organisations measure and build anti-racist cultures. Flair Impact's mission is to create a world in which all ethnicities can thrive.
London | Edtech | @use_framework
Framework is the world's first on-demand business school, especially made for the people building the businesses of the future. After successfully launching Founders Academy - a 9-month alternative MBA programme for startup joiners in partnership with Founders Forum - Framework is now productising their curriculum into a mobile learning experience that can scale globally.
London | Social Network | @thehappaningapp
Happaning's service is like Google street view, but with video. Happaning lets you watch an event from any perspective, at any time and from anywhere in one immersive, navigatable experience.
London | Healthtech & Biotech & Life Sciences | @herbybox
Herbybox is a direct-to-consumer luxury herbal tea brand, with natural benefits. The company is at the intersection of herbal tea and the supplement world, offering tea that is more than just tea. Herbybox is now stocked in Selfridges.
South East | Healthtech & Biotech & Life Sciences
During the 2014 West African Ebola outbreak, Zimbabwe-born founder and CEO Atherton Mutombwera was shocked to learn how many deaths could have been prevented through wider availability of diagnostics, and that across the African continent there were only 14 centralised laboratories that could diagnose Ebola, the lack of which contributed to the 70% fatality rate. In response, Hutano Diagnostics is developing a modular configurable Lateral Flow Device (LFD) platform. This platform is modular and configurable for either single disease, or simultaneous multiple disease diagnosis, on the same LFD strip. Once developed, the platform reduces the time to LFD development in preparation for future specific disease outbreaks from 2 years to 6 months.
https://www.linkedin.com/company/hutano-diagnostics/?viewAsMember=true
London | Beauty / Consumer Goods / Net Zero | @ici_care
ICI CARE is building machine-learning software to create personalised haircare products with natural raw ingredients.
It uses plastic-free packaging, building a company that will benefit the community.
North West | HRtech | @jobseekrsapp
Jobseekrs is the world’s first video interactive job site that mitigates bias at the screening and sourcing stages of the hiring process with a particular focus on screening for culture fit and matching for company culture-add through a series of psychometric-type questions.The company's mission is to become the primary and most unbiased job-search and matching engine on the internet while ensuring that everyone is better engaged with and has more equal chances at all job opportunities. It also aims to further scale the platform to use cognitive data and AI to help make hiring more predictive and even less biased.
Scotland | Lawtech | @PythiaLegal
Legal-Pythia uses an explainable AI, web-based software to organize, categorize and search through legal information (especially legal evidence) to find duplications and contradictions. Through these services, lawyers
will have more time, increase their productivity and achieve a true work-life balance. In addition, lawyers will understand how and why the software came to certain predictions, made possible by the explainable AI.
London | Saas / Net Zero | @Loopcycle_
Loopcycle is a product traceability platform redefining the management, recovery and resale of valuable secondary products. Loopcycle aims at revolutionising the way that businesses manage, recover and resell their physical assets, driving integrity within the reuse marketplace. By embedding a unique product ID, called ‘Cyclecode’, the platform facilitates whole product lifecycle visibility and direct interactions between manufacturers and end-users where intermediaries control product distribution. Loopcycle is helping businesses to deliver the net-zero carbon target and move towards a circular economy while maximising their commercial value.
South East | Healthtech & Biotech & Life Sciences | @nxsteps_uk
NxSteps is a digital healthcare solutions company focused on maximising human performance through the knowledge of biomechanics. It operates a blended economic model of both traditional product revenue and SaaS-based app-delivered technology. Its IoT-powered wearable smart insole, application and AI voice coach aids professional and everyday athletes to achieve their health and fitness goals by optimising performance whilst preventing injuries in an objective, understandable, actionable and repeatable way to ensure physical longevity.
London | Social Network | @Kami_Coach_
Optimum Health has developed Kami, a parental wellbeing data company building a first-to-market emotion detection and digital support system solution for working parents. It has secured grant funding from Innovate UK and investment from Google, signed two pilot partners, built a 20+ client pipeline and established a distribution partnership with a group of day nurseries. it is now advancing to market with the beta product.
London | Beauty / Consumer Goods | @rukahair
Ruka Hair's vision is to become the definitive hair brand for black women, globally. Ruka started the journey with extensions, combining a conscious, digital-first brand and community with a product refined through a scientific and user-led approach. Beyond providing textures that truly match Black women's hair textures, Ruka is completely reshaping the experience through the personalisation in the RUKA quiz, helping people texture match and find the right extensions for them.
London | Digital Entertainment / Creative Tech | @ScreenHits
ScreenHits TV is a streaming video aggregator app that provides audiences with a single place to stream across their new and existing services. ScreenHits TV is addressing the current fragmentation and subscription fatigue challenges in this new and exciting world of app TV. It creates a one-stop guide to search libraries across platforms and live online TV without switching platforms or signing up for new services. The service is particularly relevant given that 2020 was the year when global subscriptions for streaming services passed 1 billion.
South West | Retail Tech / Net-Zero
Shwap is a software solution to help fashion, homeware and lifestyle retailers monetise the secondary market of their products, and earn revenue from products they’ve already sold. Shwap's technology leverages peer-to-peer resale in order to give the UK’s 200,000 retailers a means to monetise the secondary market of their products without incurring operational costs. Shwap developed software that retailers can integrate into the e-commerce stores, or point-of-sale systems that enables Shwap to identify and then manage the lifecycle of products as they move between different owners. Using this software Shwap has created a frictionless resale platform that creates products listings in real time as users shop.
London | Health / Mental Care / Saas | @talley_app
Talley provides a safe space to share experiences by anonymously connecting members on-demand, via in-app audio conversations, to everyday people (trained Listeners) who have experienced or are overcoming the same challenges as those members and can empathise with them. Talley aims at being the first line of defence enabling users to address those day-to-day emotional distress issues (e.g. anxiety, depression, loneliness, toxic relationships, grief) which may lead to severe mental health problems if left unchecked.
London | Gaming / Web3 | @thrilldigitall
ThrillXR is a gamified virtual world for digital fashion. With gaming and blockchain technology, ThrillXR created a virtual world for fashion retail. Users can visit this virtual world via a PC or VR headset, enter 3D versions of real stores with other users and buy the digital version of real clothes for their avatars. ThrillXR is backed by Epic Games, creators of Fortnite, and mentored by Unity, Rise (Microsoft for startups) and the University of Cambridge Innovators for sustainable fashion.
Scotland | Travel and Tourism | @traparUK
Trapar connects customers to quality local transport operators.
It gathers comprehensive requirements and share these with vetted operators. In this way, Trapar can provide quality assurance for customers and efficiency for operators.
South West | Smart Cities (including Transport & Autonomous Vehicles) | @voltricuk
Voltric is a mobility-as-a-service provider dedicated making the growing demand for all forms of mobility practical, sustainable and efficient. The all-inclusive electric vehicle subscription service allows consumers to access a range of road-ready, electric cars all for one price per month without the concerns of managing insurance, tax, MOT and everything needed to get onto the road.
Yorkshire | Adtech & Marketing | @WhiteLabelLoyal
White Label Loyalty believes that loyalty is broken and makes it the company's mission to fix it. 75% of loyalty programmes fail because they are built as one-size-fits-all, are not data driven, do not involve no personalisation and mostly only reward based on transactions. Instead, the company offers a data-driven technology platform that helps businesses increase revenue and retention by understanding, predicting and influencing customer behaviour.
North West | HRtech | @_YourFLOCK
Your FLOCK is a SaaS platform that uses data and science behind what motivates people at work to enable teams to be more productive and engaged. Your FLOCK is working on machine learning-driven software that helps managers coach their teams by providing users with activities tailored to their motivations and designed to help them be more ‘in-sync’ and work more effectively as a team.
“I’m so excited to be leading the Libra Growth Programme at Tech Nation for the second year. We have seen numerous reports highlighting the racial inequalities for ethnic minority founders scaling. This year, the Libra Growth Programme will push the needle and open access to capital, network, and commercial to early-stage ethnic minority.”
Abi Mohamed, Libra Programme Lead
“Black founders should recognise the value you get from Tech Nation’s programmes, from gaining access to networks of entrepreneurs, skilled operators and investors. Most importantly, you could leave the programme with more customers and traction if you maximise the experience.”
Andy Ayim MBE, Angel Investing School
“There isn’t a pipeline problem, there is a social and financial capital allocation problem. For female founders, the ecosystem is five years behind the current status quo, and for Black and ethnic minority founders, the ecosystem is 10 years behind. Programmes like Libra will help to hopefully narrow the gap.”
Tom Adeyoola, CEO Metail & Co-founder, Extend VC
Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law. Cooley is known for working with start-ups to launch dynamic new ventures and guiding them through their respective journeys. The firm has 1,500+ lawyers across 17 offices in Europe, the US and Asia. Cooley maintains an environment of inclusion and is dedicated to maintaining a truly diverse workplace that values and celebrates differences.
Scroll through to see the calibre of our expert judges
We launched the Libra programme last year in response to the numerous reports highlighting a number of underrepresented groups lacking access to equal opportunities across the tech ecosystem. The Libra 1.0 programme focused on Black founders and their lived experience of little or no access to capital, commercial and networking opportunities.
This year, Libra 2.0 will support more ethnic minority founders groups: Black, South Asian, East Asian, and Arab.
In the latest Atomico State of European Tech Report 2021, the data highlights these groups as having the least amount of funding. The reports also highlight a record year of capital for startups, with over $100Bn invested across Europe, but raising capital hasn’t become any easier for early-stage founders in the UK. Access is not equally distributed and ethnic minorities are one group of underrepresented founders that feels most alienated.
Yes, and we encourage that you apply to the programmes you feel will benefit you the most. Keep in mind, you could be eligible for several! For example, if you fulfil the criteria of Libra but you’re an aspiring fintech, you could apply to both the Libra and Fintech programme. To find the right fit for you, check our programme comparison page.
The programme is fully funded by Tech Nation.
We have several resources for applicants.
The programme is estimated to last for 6 months, kicking off in September. We’ll be looking to run one expert-led session per month, along with a peer-to-peer networking session and you will also be offered to partake in individual founder coaching sessions. The time spent on the programme varies every week, but we estimate 5 – 6 hours per month.