The recent investment in these companies isn’t just fuelling their growth, it’s bolstering the Yorkshire tech scene.
Yorkshire is a hotbed of innovation. From holographic messaging to synthetic data generation and cutting-edge assessment platforms, you’ll find some of the most exciting tech companies in the UK within our borders. These seven definitely fall into that category. Not only are they breaking the mould, but they’ve also secured major investment to fast-track their growth.
Launched in 2017 by MIT and Cambridge alum Lyric Jain, Logically is leading the fight against disinformation. They combine advanced AI, OSINT investigation and fact-checking expertise to identify and mitigate the impact of damaging misinformation. They’ve just completed a $24 million (that’s £18.4 million to you and me) funding round to scale their capabilities and drive growth in the US, UK and India. Their HQ is in Brookfoot, Calderdale.
Wakefield-based BioStress Lab was launched in 2020 to help reduce workplace stress. It uses biometric wearables to objectively measure stress and turns that insight into proactive changes that reduce stress and improve productivity. With 12.8 million working days lost to stress in the UK in 2019 alone, it’s no wonder BioStress Lab has bagged £150,000 in their latest funding round, alongside a £150,000 grant from Innovate UK.
Founded in 2022 and based at The Catalyst in York, 2mee is the future of digital communication. Their patented technology displays real-world people in augmented reality as holograms, making every communication feel real. They can be sent to a range of devices, from mobile phones to laptops, and help brands to achieve phenomenal clickthrough rates. 2mee closed their latest funding round with £500,000 earmarked to fuel their growth.
Head quartered in Salts Mill, BTL is one of Saltaire’s most exciting tech companies. They’ve built one of the most trusted and advanced assessment platforms in the world and securely delivered 35 million tests, both in-person and online, to date. Now, with a seven figure investment package from HSBC UK in their pocket, they’re set to grow their development team and expand into new industries and geographic verticals.
Sheffield-based FourJaw is a manufacturing analytics platform that gives factory managers real-time visibility of their shop floor. Their clip-and-play sensors take minutes to install and gather realtime data that can be accessed from anywhere. And their platform unlocks the power of that data to help you improve efficiency by reducing downtime and boosting productivity. They’ve just raised £1 million in early stage funding.
Bimsense is an up-and-coming PropTech business based in Hull. They specialise in Building Information Modelling (BIM) but moved into operations and maintenance in 2020 with the launch of Operance, an all-in-one, mobile-first solution for all your business information needs. Now, they’ve secured £250,000 from NPIF – Mercia Equity Finance to develop the platform, improve building safety and deliver on energy efficiency targets.
Mindtech is a Sheffield-based tech company with an industry leading, no-code AI Training Data Platform. They allow you to build environments, scenarios and simulations to create and curate synthetic data. This can then be used to train human-to-human and human-to-world AI applications. Hot off the back of their previous funding round in July 2021, which raised $3.2 million (£2.5 million), they’ve secured another $3.7 million (£2.8 million).