22 UK tech scaleups join the International Growth Programme 2.0 to expand into Southeast Asia and Australia
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- Admin User
- 23rd November 2021
- 6 min read
We are excited to announce the second group of UK tech scaleups selected for Tech Nation’s International Growth Programme supporting companies to expand into Southeast Asia and Australia.
The 22 companies span more than ten subsectors of tech, with more than 50% of the cohort in fintech, healthtech or edtech. Other represented subsectors include ecommerce, AI, cybersecurity, property tech and Net Zero. The cohort demonstrates regional diversity across the UK, with 50% coming from tech hubs outside of London.
Companies will take part in a series of sessions over four months, focused on key challenges when entering new international markets, including hiring talent, finding new customers. In addition, the participants will be matched with an in-market mentor from their target country who will help them navigate the local landscape in their sector.
Of the 190 eligible companies that applied, over 80% already have customers overseas and are looking to rapidly expand internationally. The interest in the Asia Pacific region comes as the UK signed a free trade agreement with Singapore last year, and is currently negotiating a Digital Economy Agreement. The UK has also agreed a free trade deal with Australia.
““Asia-Pacific offers a great opportunity for the UK’s tech sector, with Southeast Asia’s internet economy alone expected to grow to over $360 billion by 2025. Tech Nation’s International Growth Programme – delivered through our Digital Trade Network – is a great way for the best of Britain’s tech scale-ups to tap into this opportunity, and I look forward to supporting these businesses as they internationalise in this exciting region.”
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Tech Nation is partnering with Plug and Play Singapore to deliver the Southeast Asia programme.
Tech Nation’s support for UK tech in Asia Pacific is part of the UK Government’s Digital Trade Network. This second programme follows Tech Nation’s first cohort back in March, where 35 companies joined our International Growth Programmes in Asia Pacific.
Tech Nation has already supported multiple UK tech companies including Seed Legals, Circulor, Featurespace, Immersive Labs and ISMS Online with their success in Asia Pacific markets since Tech Nation launched their international offering.
If you are a UK scaleup and ready to take your company overseas, register your interest for our upcoming programmes.
Australia Cohort 2.0
Beacon, Leeds
Beacon is focused on the accurate detection of humans vs bots in internet transactions. Applicable to multiple verticals, Beacon is currently being focused on online advertising where it is driving game-changing results in reducing click fraud and driving significantly higher human engagement, sales and ROAS.
E-Pharmacy, Norwich
E-Pharmacy enables 3rd party businesses to offer prescription medication to their customers directly on their website or mobile app. They partner with a variety of different businesses across a vast range of sectors, from partnering with sex toy companies to cosmetics brands.
Farad.ai, Oxford
Farad.AI is developing an AI-powered digital twin for the energy grid.
Guide Education, London
Guide help people educate others. Primarily by training teachers in schools – 15k in 900 schools globally since 2019. It also teaches those outside of the classroom to help children and other learners improve their education.
Keepnet Labs, London
Keepnet Labs protects businesses throughout the full lifecycle of email-based cyber-attacks.
Now Signage, Manchester
Now Signage is an online digital signage CMS that will enable you to manage and instantly update all of your digital screen content via the cloud at the click of a button. Any content, any screen, any time.
Nodes & Links, London
Nodes & Links is a technology company that works with global leaders in the project delivery space, from energy and construction to aerospace and defense. The platform uses complexity science and structured project data to help project managers simulate scenarios, identify complex risks and mitigate them in real time.
Pearlai, Newry
Péarlaí provides the world’s only contactless facility management & compliance system removing the need for staff to tap, touch or scan to prove their attendance while providing detailed data used to defend potential public liability claims.
Practice Labs, Dartford
Practice Labs is a hands-on digital learning business with virtual IT labs and digital platforms to enable people to build digital and IT skills in a safe environment.
syd™ (iamYiam), London
syd™ is a science-backed, all-in-one life quality platform designed to improve health, productivity and retention.
Southeast Asia Cohort 2.0
BankiFi, Manchester
BankiFI transforms banks mobile and internet banking channels from something purely transactional to where an SME runs their business by combining payments invoicing, accounting, and cash forecasting.
ChAI, London
ChAI enables companies to take control of the market to protect margins and manage risk. Using AI and alternative data to predict commodity prices and determine the optimal time to purchase commodities, resulting in margin increases of 1-5%.
Datactics, Belfast
Datactics provides an award-winning self-service data quality and matching software platform designed for non-technical business users in financial services firms to measure and fix data issues.
Dyad, London
Dyad is building a healthcare-wide knowledge graph and graph machine learning platform to close the loop between costs, best practices and patient outcomes and enhance the delivery of value-based care.
Gemba, London
Gemba is an all-in-one virtual reality learning solution designed to help global companies adapt and reskill in real time. The unique simulations, tools, and games extend workplace training, connect remote teams and can be scaled fast, in a controlled and cost effective way.
Heteronomics, London
Heteronomics provides macroeconomic research and data services to financial market participants.
Oxford Immune Algorithmics, Reading
Oxford Immune Algorithmics is an award-winning AI company incubated by the University of Oxford specialising in remote immune monitoring. They have published more than 250 peer reviewed papers in top journals, in the areas of AI, Computer Science, the immune system, immunology and Physics. They apply pioneering AI backed by over 10 years of research to provide precise and individualised healthcare to everyone and help rid the world of preventable diseases.
PriceBeam, London
Pricebeam help companies optimise prices and revenue through cloud-based technology to understand consumers’ willingness-to-pay.
Squarebook, Edinburgh
SquareBook is the tech platform for equity fundraising. They are the first independent, conflict-free provider of auction technology for companies to carry out IPOs and other raises.
Wolf & Badger, London
Wolf & Badger is the B Corp-certified marketplace to connect independent ethical brands with conscious consumers worldwide.
Yoello, Cardiff
Yoello is building a mobile payments ecosystem for the retail and hospitality sector, converting cash and card payments towards mobile. Yoello sells directly to businesses and enterprise whitelabel solutions.
