Tech Nation Unveils Latest Cohort of High-Impact Tech Scaleups at Number 10 Event

• The latest Future Fifty cohort will be announced at an event hosted by Prime Minister Keir Starmer at 10 Downing Street tonight. 
• Tech Nation’s Future Fifty is the UK’s most unique and prestigious programme for ambitious late-stage tech ventures, supercharging their growth from Series B+ to unicorn and beyond.
• 25 high-growth, high-potential tech scaleups across sectors including AI, climate tech and fintech have been invited to take part in the three-month programme. Future Fifty supports senior leadership teams by building networks of peers and mentors and facilitating  international expansion.
• The event will also launch the It Takes a Tech Nation campaign mobilising Government, investors, corporations and founders to propel the UK’s next cohort of unicorns and decacorns.

7 May 2025 – LONDON. Tech Nation will announce the next wave of high-impact tech companies at a Number 10 event hosted by Prime Minister Keir Starmer this evening. The tech scaleups have been selected for the prestigious Future Fifty programme, which is designed to fuel growth for high-potential and high-growth scaleups across the UK. 

At the end, the Prime Minister will endorse the launch of Tech Nation’s It Takes a Tech Nation campaign, which will amplify the UK’s strengths as an international tech hub and support the founders scaling world-changing ideas with the power to place the UK at the forefront of global innovation. 

This cohort’s scaleups represent sectors including AI, medtech and climate tech, with almost a third (32%) hailing from outside of London. Successful companies include ElevenLabs, which instantly creates natural AI voices in any language, and NatureMetrics, which uses cutting-edge DNA analysis to monitor biodiversity. Collectively the 25 participating scaleups have raised over £3 billion in debt, grants, and equity and employ more than 1,800 people.

Future Fifty alumni form the UK’s most prominent network of high-growth scaleups, counting 30% of the country’s unicorns amongst its ranks. Since the programme’s relaunch in March 2024, Future Fifty has built substantial momentum, equipping 50 ambitious scaleups with the practical insights and connections required for their next growth phase, and leading high-profile international missions to Singapore, New York, and Dubai to connect cohort founders with leading investors, CEOs, and government officials. The programme inducts 25 companies at a time, twice a year. 

Future Fifty is backed by corporate partners including HSBC Innovation Banking (Founding Partner), Evelyn Partners, S&W, EY, and Capsule Insurance. 

Carolyn Dawson OBE, CEO of Founders Forum Group, said: “If the UK is going to lead the world in AI and innovation, we need to think bigger and move faster – together. It takes a Tech Nation to turn bold ideas into global powerhouses. Government, investors, corporates, and founders all have a role to play in unlocking the next wave of unicorns. Collaboration isn’t a nice-to-have – it’s mission critical for scaling breakthroughs that will shape our future and cement the UK’s place on the global tech stage.”

Chancellor of the Exchequer Rachel Reeves said: “With a billion dollar tech sector and the most Unicorns in Europe, the UK has a proud track record in developing innovative technology that will help grow our economy, make our public services more efficient and put more money in people’s pockets.

“The Future Fifty programme plays an important role in supporting the next generation of high-growth scale ups which employ thousands of people in our future industries, powering growth across the UK and turbocharging our Plan for Change”.

Technology Secretary Peter Kyle said: “Backing ambitious scaleups is an investment in Britain’s long-term prosperity and economic growth. Tech Nation’s Future Fifty unlocks the potential of our brightest tech companies, helping them become global leaders. 

“By taking that support to every region, Tech Nation shares our commitment to spread innovation and give scaleups the backing to grow and create jobs across the UK.”

Johnny Mayo, Future Fifty Lead at Tech Nation, commented: “This Future Fifty cohort showcases some of the UK’s most promising high-impact ventures – trailblazers in AI, climatetech and beyond We’re thrilled to welcome them into this prestigious programme, and are committed to helping them scale to new heights by giving them the knowledge, connections, and insights needed to change the world.”

Meet Our Fantastic Future Fifty 2025:

Participating companies are at a pivotal point in their scaling journey, generating £5m revenue per year or experiencing 50% YoY growth. Most will typically have successfully raised Series B funding, all are headquartered in the UK. 

Abound: Uses Open Banking and AI to provide borrowers with more affordable loans compared to traditional lenders. 

Audoo: A technology company revolutionising public performance royalties.

Autogen AI: AI-powered bid creation for companies, reducing drafting time and costs, increasing productivity and win rate.

BeZero Carbon: Global carbon ratings agency

Catagen: A net zero technologies company, providing solutions to decarbonise sectors such as heavy industry, marine, aviation and mobility.

Dexory: Develops robotics and AI logistics solutions to drive better business decisions.

Electron: Enables Network Utilities to launch, operate and coordinate local energy markets.

ElevenLabs: Provides an online text-to-speech AI voice generator to instantly create natural AI voices in any language.

Fundment: A next-generation investment platform that empowers financial advisers with seamless efficiency, automating processes, simplifying portfolio management, integrating custody of assets and cash, and unlocking new growth opportunities.

Gravitee: Leader in API and Event Stream Management.

Gravity Industries: Build, fly, and sell Jet Suits.

Hexarad: A technology-driven radiology platform that delivers fast, accurate radiology reporting to optimise healthcare efficiency and patient outcomes.

Lawhive: Making the law accessible to everyone.

Malted AI: A platform that leverages distillation to build accurate small language models that are efficient enough to self-host.

NatureMetrics: Converts the complexities of nature into simple insights to drive a nature-positive economy.

OX Delivers: Supercharges trade for the global south, combining a purpose-designed electric truck and B2B marketplace, and enabling entrepreneurs of all shapes and sizes to get paid and grow their businesses.

Space Solar: Commercialises space-based solar power, the ultimate clean energy technology, delivering continuous, affordable energy from space to markets on Earth.

SuperAwesome: Powers the youth digital ecosystem with the data, tech and services necessary to effectively engage fragmented kid and teen audiences.

Tembo Money: Digital mortgage and savings platform.

TG0: Pioneers next-generation human-machine interaction technology, transforming everyday polymer materials into touch and pressure-sensitive surfaces.

Tumelo: An impact-focused financial technology firm with the mission of giving every investor a voice.

Updraft: A part lending, part credit report and part financial planning app for millennials.

UrbanChain: An innovative energy exchange system, harnessing the power of blockchain, AI and IoT, in order to create local energy markets.

V7 Labs: Work AI Agents for productivity in finance, healthcare, and insurance.

Yonder: A credit card to earn points anywhere in the world, and use them on experiences.

ENDS

For more information

Rachel Gurney, Co-Founder, Founders Comms, rachel@founderscomms.co (+44) 7738226521

Emily Miller, Group Communications & Marketing Director, emily@ff.co, (+44) 0793 242 2765

About Tech Nation

Tech Nation is the leading growth platform for UK tech companies and fuels the growth of game-changing founders, leaders, and scaling companies so they can positively transform societies and economies. The organisation provides coaching, content, and community through growth programmes, events, research, and insights. 

Tech Nation endorses the UK’s Global Talent Visa, which enables the best tech talent from around the world to work in the UK’s digital tech sector.

The organisation has ten years of experience facilitating and helping UK tech companies scale, both at home and abroad. Over 40 cohorts and 1,000 companies have successfully graduated from Tech Nation’s growth programmes. Alumni include Skyscanner, Darktrace, and Monzo, as well as UK ‘decacorns’ Revolut and Wise.

Now backed by Founders Forum Group, Tech Nation continues to unite the tech ecosystem whilst placing founders from all corners of the UK and beyond at the forefront of its work. By facilitating connections and providing a direct line to top tier investors, policymakers, media and corporates, Tech Nation empowers founders to grow their businesses and scale successfully.

About Founders Forum Group

Tech Nation is part of Founders Forum Group, a global community and group of businesses supporting entrepreneurs at every stage of their journeys. Its forums unite the world’s most influential founders, investors, corporate and government leaders to tackle era-defining questions in iconic locations across the globe. Since 2019, Founders Forum has partnered with Informa Tech to celebrate the strength and diversity of UK tech through London Tech Week. 

Fuelled by the connections and ideas forged at the group’s flagship events, FF Group businesses support the needs of today’s founders via connections (Events), services (Founders Keepers, Founders Law, Founders Makers, Miroma Founders Network, Founders HR, Founders Comms, INDI, 01 Founders, Founders Pledge, Grip, Global Talent Visa), insights & advocacy (Founders Insights, Tech Nation Research & Insights, Centre for Entrepreneurs), growth programmes (TN Future Fifty, TN Upscale, TN Climate, TN Libra, TN Creo), access to capital (Founders Factory, firstminute capital), and our newly launched venture for health and longevity services Founders Health. In 2021, the group sold its innovation strategy consulting firm, Founders Intelligence, to global consultancy Accenture.