Stars of the industry crowned at UK tech awards 2017

Nov 03, 2017

  • Winners include companies and individuals in virtual reality, robotic automation and payments

  • James Dyson named tech CEO of the year

  • Volume of UK tech industry deals activity up 11% over last year with nearly 50 in Q3 alone

Despite current economic uncertainties, the UK tech industry is experiencing a buoyant period with the volume of deals activity in the sector up 11% compared to the previous year, totaling $14.5bn (around £11bn) so far this year1. The third quarter of 2017 alone saw 48 deals completed, the highest number for any quarter of the last three years.

During this period of investment appetite, more than 500 nominations were made across the UK tech awards categories this year, with the winners announced yesterday evening at an awards dinner in London. The awards, a joint venture between PwC and Ford Sinclair Ltd in association with Silicon Valley Bank, recognise the efforts of innovative public and private UK tech companies and individuals.

Jass Sarai, UK technology leader at PwC, commented:

“The appetite for deals activity we’re seeing in the market along with the number and quality of nominations received for the UK tech awards this year highlight the strength and breadth of our technology industry at the moment. This is testament in part to the support network and developing ecosystems now in place for early stage and growing businesses, but also to the ambitions and risks taken by our entrepreneurs.

“We need to ensure that we continue not only to take these risks, but also to share the lessons learnt with the next generation of innovators to maintain our leading position at a global level. In these uncertain times, the technology industry has an important role to play in promoting STEM skills to help bring through the leaders of tomorrow and continuing to work with government to secure continued access to global talent.”

Rosh Wijayarathna, director of corporate banking at Silicon Valley Bank, added:

“We are delighted to support the UK tech awards which is a real highlight of the season. 2017 has been another strong year for the UK innovation ecosystem and to be nominated in such a vibrant sector is a fantastic achievement. On behalf of Silicon Valley Bank, I would like to congratulate all of this year’s winners – each of your businesses are remarkable.

“Silicon Valley Bank is solely dedicated to serving the needs of innovation and life science businesses at every life stage. This year's awards are a testament to the leadership, talent and IP of the industry we serve and we look forward to working with all of our clients, future clients and partners in 2018 and beyond.”

The full list of UK tech awards winners is as follows, with a new category added this year in memory of the late John Hughes, a prominent figure in the industry who chaired a number of successful businesses:

John Hughes memorial award - emerging entrepreneur of the year

Sponsored by Just Eat

Nikolay Storonsky & Vlad Yatsenko, Revolut Ltd

 

tech fund manager of the year award

Sponsored by Zeus Capital

Jeremy Gleeson, Phoenix Wealth AXA Framlington Global Technology Fund

 

tech innovation of the year award

Sponsored by Barclays

Blue Prism Group plc

 

tech journalist of the year award

Sponsored by Luther Pendragon

Kadhim Shubber, Financial Times

 

tech deal of the year award

Sponsored by Rothschild & Co

Improbable Worlds Ltd

 

best use of tech in the digital economy award

Sponsored by Mishcon de Reya

ZeroLight Ltd

 

tech achievement of the year award

Sponsored by Rigby Group plc

AB Dynamics plc

 

tech growth business of the year award

Sponsored by ECI Partners

ParentPay Ltd

 

tech CEO of the year award

Sponsored by Oakley Advisory Limited

James Dyson, Dyson Ltd

 

tech company of the year award

Sponsored by Arma Partners

First Derivatives plc

 

Ends.

Notes for editors.

  1. Data from Mergermarket, including all 112 deals of known value completed between Q1 – Q3 2017, ending 30th September

  2. Companies and advisors can find out more about the awards and see photos at www.uktech-awards.co.uk and should follow @UKtech_awards #UKtech17 on twitter to find out more about the event.

  3. For further information about the awards please contact Jo Thomas at Ford Sinclair – email: jo.thomas@ford-sinclair.co.uk or telephone: 01277 350557. 

About the UK tech awards

The UK tech awards celebrates success, rewards achievement and raises the profile of the UK tech community. Companies which are eligible for the awards include not only publicly quoted technology companies on London Stock Exchange’s Main Market, but also AIM tech companies and fast growing and innovative private tech companies.

The UK tech awards provides a fantastic showcase for the fast-moving tech sector and a great networking opportunity, with an attendance of over 800 people comprising tech entrepreneurs, CEOs and FDs of fast growing tech companies (both public and private), plus corporate advisors, investors (both private and institutional), and tech consultants and commentators. In short, an event not to be missed for the UK’s entire tech community! 

About Silicon Valley Bank UK

For more than 30 years, Silicon Valley Bank (SVB) has helped innovative businesses, enterprises and their investors move bold ideas forward, fast. SVB provides a range of targeted financial services and expertise through its office in the UK. With commercial and international banking services, SVB helps address the unique needs of innovators. The UK's leading technology and life science businesses, in all stages of development, look to SVB’s niche expertise, experience and unparalleled network, as they grow at home and tackle new markets abroad. Learn more at svb.com/uk.

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About PwC

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