The UK has always been a hub for innovation and entrepreneurship, and the startup scene in the country is no exception. With Brexit looming, many have been concerned about the future of UK startups, but EU-Startups has highlighted 10 UK startups to watch in 2023 with promising potential.
1. Cazoo – Cazoo is an online used car marketplace that aims to make buying a used car as easy as buying a new one. The company has raised over £200 million in funding and plans to expand across Europe.
2. Starling Bank – Starling Bank is a digital bank that offers personal and business banking services. The company has raised over £300 million in funding and has over 1 million customers.
3. Babylon Health – Babylon Health is a digital health platform that offers virtual consultations with doctors and health assessments. The company has raised over £500 million in funding and has partnerships with the NHS and private healthcare providers.
4. Bulb – Bulb is a renewable energy supplier that offers affordable and sustainable energy to homes and businesses. The company has over 1 million customers and has raised over £60 million in funding.
5. Monzo – Monzo is a digital bank that offers personal and business banking services. The company has over 4 million customers and has raised over £300 million in funding.
6. Deliveroo – Deliveroo is a food delivery platform that connects customers with local restaurants. The company has expanded to over 200 cities worldwide and has raised over £1 billion in funding.
7. Revolut – Revolut is a digital bank that offers personal and business banking services. The company has over 10 million customers and has raised over £800 million in funding.
8. TransferWise – TransferWise is a money transfer service that offers low-cost international transfers. The company has over 8 million customers and has raised over £300 million in funding.
9. Darktrace – Darktrace is an artificial intelligence cybersecurity company that uses machine learning to detect and respond to cyber threats. The company has raised over £200 million in funding and has over 3,000 customers.
10. Improbable – Improbable is a technology company that develops virtual worlds and simulations for gaming, defense, and other industries. The company has raised over £500 million in funding and has partnerships with major companies such as Google and Epic Games.
These 10 UK startups have shown promising potential and have already made significant strides in their respective industries. With continued innovation and growth, they are sure to make a significant impact in the years to come.
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- Source: https://zephyrnet.com/10-promising-uk-startups-you-should-be-keeping-an-eye-on-these-2023-eu-startups/