Cambridge companies feature in SyndicateRoom's Top 100
What are the hottest companies operating in the UK today? Investment platform SyndicateRoom has ranked the Top 100 fastest-growing businesses in the country, from geolocation innovation to revolutionary femtech. Seven of these are based in the Cambridge region.
Leading the way for Cambridge is CMR Surgical, ranked sixth in the Top 100, closely followed by Improbable at seventh. Darktrace makes the list at 34th, with Healx at 45th, Cytora 48th, Telensa 66th and Cydar 77th.
Top three in the Top 100 are Bulb, Lyst and ReViral.
SyndicateRoom says: "Featuring key observations on scale-up trends as well as interviews with ten of the Top 100 businesses, this year’s ranking is a celebration of the country’s scale-up ecosystem in the wake of coming turmoil."
Francesca O’Brien, Head of Private Markets, writes in the report: "There’s no getting away from the fact that EU venture funding is the single largest source of startup capital on the continent – and with Brexit looming, UK early-stage finance is at risk of drying up.
"In 2016, the EIB invested 27% of its remit into UK businesses. In 2017, following the vote to leave, this figure fell to 8%. But the EIB’s contribution doesn’t start and end with the money it invests directly – vitally, its support offers klout, spurring further funding from family offices, pension funds and those otherwise less willing to take a chance on younger ventures.
"Brexit is happening, and it’s already affecting the status quo. If the UK wants to remain at the edge of innovation, we need to find a new way to collaborate."
The Top 100 ranking of UK high-growth businesses was determined by Beauhurst, a research body for the UK’s most ambitious startups, scale-ups and high-growth companies. The companies are ranked based on valuation increase between 2015 and 2018.
Read the full report here
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Want to discover up-and-coming startups in Cambridge and beyond? Tune in to SyndicateRoom Live, our weekly pitching event, at www.syndicateroom.com/live