Technology businesses from across Cambridge and the East of England were recognised in this year’s Deloitte UK Technology Fast 50 awards.
The awards recognise and rank the 50 fastest-growing technology companies in the UK, based on average revenue growth over a three-year period, with the prestigious ceremony taking place at the Park Hyatt, London River Thames.
In the Rising Stars category, Nyobolt - a battery technology company that develops high power battery systems using niobium tungsten oxide cells – took home one of the prizes.
In the main rankings, PocDoc – a Cambridge-based healthtech diagnostics platform - were the highest placed firm from the region, in 27th, with a growth rate of 1341%.
Other firms from the region in this year’s list included Norwich-based Evaro, which took 34th spot with a growth rate of 1026%, and Bedfordshire’s Eduvocation, which was a place lower in 35th, with a growth rate of 1021%.
Fitness technology company Magic AI topped this year’s list, with the combined revenue of the winners totalling £727 million in 2025/26.
Julian Rae, UK emerging growth leader & Cambridge office senior partner, said: “The Fast 50 continues to showcase some of the UK’s fastest growing and most innovative technology companies. This year’s winners demonstrate the ambition and resilience of the UK technology sector, with businesses continuing to innovate, scale and pursue growth amid a challenging economic backdrop.
“My congratulations go to all the firms from across our region that were recognised this year. Their success reflects the strength of the entrepreneurs and teams behind these businesses, and the important contribution that fast-growing technology companies make to innovation, jobs and economic growth.”
Ramesh Narasimhan, CFO and CCO at Nyobolt, said: “We’re delighted to be named a Rising Star by Citi at this year’s Deloitte UK Fast 50 awards. Thank you to Citi and Deloitte for the recognition. Our team has worked hard to turn years of research into products that solve real power challenges for robotics and data centre customers. Seeing those products being adopted is hugely rewarding, and this award is a well-deserved recognition of the people behind them.”
Steve Roest, CEO and founder of PocDoc, commented: “Being named in the Deloitte UK Technology Fast 50 is a fantastic recognition of the hard work and dedication of everyone at PocDoc. Our growth has been driven by a shared mission to make diagnostic testing faster, simpler and more accessible, and Cambridge’s exceptional science and healthtech community has been central to that, giving us access to world-class talent and partners. We’re excited to build on this momentum as we expand our reach and help more people take control of their health.”
