Connect with us

Current

16 UK Tech Innovators Poised For Unicorn Status

16 UK Technology Innovators

In the dynamic landscape of the UK tech scene, the quest for the next unicorn—a startup valued at over $1 billion—continues to captivate investors and enthusiasts alike. As Britain endeavors to match US levels of venture capital investment by 2030, with aspirations of injecting an additional £5 billion annually into its startup ecosystem, the stage is set for burgeoning enterprises to thrive and ascend to unicorn status. Against this backdrop, let’s delve into the realm of possibilities and explore 16 British startups poised to make waves and redefine the contours of success.

1. Stenn:

Founded in 2015, Stenn empowers businesses engaged in global trade by providing expedited access to cash through the purchase of unpaid invoices. With a valuation of $900 million, Stenn’s innovative approach to unlocking liquidity has garnered significant attention, reflecting its potential for sustained growth and market dominance.

2. GWI:

Established in 2009, GWI is a leading audience research and data platform tailored for marketing teams. With a valuation of $850 million, GWI leverages advanced analytics to help clients stay ahead of consumer trends, positioning itself as a formidable player in the data-driven marketing landscape.

3. YuLife:

Launched in 2016, YuLife offers an employee benefits engagement platform designed to promote well-being and incentivize healthy living. Boasting a valuation of $800 million, YuLife’s unique rewards system, coupled with its focus on sustainability, underscores its commitment to driving positive change in the corporate wellness sphere.

4. Curve:

Founded in 2015, Curve revolutionizes personal finance with its innovative single-card solution that consolidates multiple bank accounts into a unified platform. With a valuation of $781 million and a diverse range of financial services, Curve is poised to redefine the banking experience for millions of users worldwide.

5. PrimaryBid:

Since its inception in 2012, PrimaryBid has democratized access to public markets for retail investors, offering participation in fundraises and IPOs alongside institutional players. With a valuation of $715 million and a commitment to equitable investment opportunities, PrimaryBid continues to disrupt traditional capital markets.

6. 10x Banking:

Spearheaded by former Barclays CEO Antony Jenkins, 10x Banking delivers cutting-edge operating and infrastructure software solutions to streamline banking operations. With a valuation of $700 million, 10x Banking epitomizes innovation in the financial technology sector, driving efficiency and agility for banking institutions.

7. ClearScore:

Founded in 2014, ClearScore empowers consumers with free credit scores, reports, and personalized financial insights. With a valuation of $700 million, ClearScore’s consumer-centric approach to financial transparency has positioned it as a trusted ally in navigating the complexities of personal finance.

8. Lyst:

Launched in 2010, Lyst curates a fashion marketplace that enables users to discover and purchase products from leading brands and retailers. With a valuation of $700 million, Lyst’s data-driven approach to e-commerce has redefined the online shopping experience, catering to discerning fashion enthusiasts worldwide.

9. Butternut Box:

Founded in 2016, Butternut Box pioneers personalized dog meals crafted from high-quality, nutritious ingredients. With a valuation of $660 million, Butternut Box’s commitment to pet wellness and sustainability has resonated with pet owners seeking premium nutrition for their furry companions.

10. Tide:

Since its establishment in 2015, Tide has emerged as a leading digital bank catering to freelancers, small businesses, and scaling startups. With a valuation of $650 million and a focus on user-centric banking solutions, Tide continues to redefine banking for the modern entrepreneur.

11. Fresha.com:

Launched in 2015, Fresha.com serves as a premier marketplace for beauty and wellness appointments, connecting consumers with local businesses seamlessly. With a valuation of $750 million and a commitment to empowering small businesses, Fresha.com remains at the forefront of the beauty and wellness industry.

12. Form3:

Founded in 2016, Form3 revolutionizes payments processing with its cloud-based architecture tailored for financial institutions. With a valuation range of $640—960 million, Form3’s scalable technology platform heralds a new era of efficiency and innovation in financial services.

13. Blend Network:

Launched in 2017, Blend Network disrupts the property lending market by offering loan options for experienced property developers. With a valuation range of $634—950 million, Blend Network’s investment management platform facilitates real estate lending, bridging the gap between investors and developers.

14. Quell Therapeutics:

Established in 2019, Quell Therapeutics pioneers T-regulatory cell therapies for a range of autoimmune conditions. With a valuation range of $624—936 million, Quell Therapeutics’ strategic partnership with AstraZeneca underscores its potential to revolutionize autoimmune treatment modalities.

15. Artios Pharma:

Founded in 2016, Artios Pharma develops cutting-edge cancer treatments targeting DNA Damage Response pathways. With a valuation range of $612—918 million, Artios Pharma’s innovative therapies represent a paradigm shift in cancer therapeutics, offering new hope to patients worldwide.

16. DICE:

Since its inception in 2014, DICE has transformed event discovery and ticketing with its intuitive platform. With a valuation of $610 million, DICE’s commitment to enhancing the live entertainment experience positions it as a frontrunner in the digital ticketing landscape.

The UK’s tech ecosystem continues to incubate a diverse array of startups poised for exponential growth and market disruption. As these 16 Soonicorns navigate their trajectories towards unicorn status, they embody the spirit of innovation, resilience, and ambition that defines the UK’s entrepreneurial landscape. With unwavering determination and strategic foresight, these startups are poised to unlock their full potential, reshaping industries and propelling the UK to new heights of technological prowess on the global stage.


Thank You For Your Support!

By Cindy Porter | Team VoiceOfEU.com Digital

— For more: Info@VoiceOfEU.com

— Anonymous news submissions: press@VoiceOfEU.com

Culture

Assessing Property Size: What Square Footage Can You Get With The Average UK House Price In Your Area?

Assessing Property Size In The UK

In the United Kingdom, there is a prevailing tendency to gauge the size of residences based on the number of bedrooms rather than square footage. In fact, research indicates that three out of five individuals are unaware of the square footage of their property.

However, a comprehensive analysis conducted by Savills reveals significant variations in property sizes throughout the country. For instance, with the average property price standing at £340,837, this amount would typically afford a studio flat spanning 551 square feet in London, according to the prominent estate agency.

Conversely, in the North East region, the same sum would secure a spacious five-bedroom house measuring 1,955 square feet, nearly four times the size of a comparable property in London.

Best value: Heading to the North East of England is where buyers will get the most from their money

In Scotland, the median house price equates to a sizable investment capable of procuring a generous four-bedroom residence spanning 1,743 square feet. Conversely, in Wales, Yorkshire & The Humber, and the North West, this sum affords a slightly smaller four-bedroom dwelling of approximately 1,500 square feet, while in the East and West Midlands, it accommodates a 1,300 square foot home. In stark contrast, within the South West, £340,837 secures a modest 1,000 square foot property, and in the East, an even more confined 928 square feet.

London presents the most challenging market, where this budget offers the least purchasing power. Following closely, the South East allows for 825 square feet of space or a medium-sized two-bedroom dwelling. Lucian Cook, head of residential research at Savills, emphasizes the profound disparity in purchasing potential across Britain, ranging from compact studio flats in London to spacious four or five-bedroom residences in parts of North East England.

While square footage serves as a critical metric, with a significant portion of Britons unfamiliar with their property’s dimensions, the number of bedrooms remains a traditional indicator of size. Personal preferences, such as a preference for larger kitchens, may influence property selection. For those prioritizing ample space, Easington, County Durham, offers a substantial 2,858 square foot, five-bedroom home, while Rhondda, Wales, and Na h-Eileanan an Iar, Scotland, provide 2,625 and 2,551 square feet, respectively. Conversely, in St Albans, Hertfordshire, £340,837 secures a mere 547 square feet, equivalent to a one-bedroom flat.

The disparity continues in central London, where purchasing power diminishes considerably. In Kensington, the budget accommodates a mere 220 square feet, contrasting with the slightly more spacious 236 square feet in Westminster. Conversely, in Dagenham, the same investment translates to 770 square feet. Three properties currently listed on Rightmove exemplify the diversity within this price range across the UK market.

South of the river: This semi-detached house is located near to three different train stations

South of the river: This semi-detached house is located near to three different train stations

2. Lewisham: One-bed house, £345,000

This one-bedroom property in Lewisham, South London, is on the market for £345,000.

The semi-detached house is set over two floors, and has a private patio.

The property is located near to bus links and amenities, as well as Catford train station.

Edinburgh fringe: This three-bed property is located on the edge of the city, near to the town of Musselburgh

Edinburgh fringe: This three-bed property is located on the edge of the city, near to the town of Musselburgh

3. Edinburgh: Three-bed house, £350,000

This three-bedroom detached house in Edinburgh could be yours for £350,000.

The house, which has a two-car driveway, boasts a large kitchen diner, and is within easy reach of Newcriaghall train station.


Continue Reading

Current

The house that Poundland bought: Moated manor complete with a swimming pool and a museum about the budget chain that was owned by late founder Keith Smith goes on the market for £7.75m

A stunning manor that was bought by the late founder of Poundland has gone on the market for £7.75million.

The nine-bed refurbished Jacobean mansion in Claverley, Shropshire has its own swimming pool and features a museum dedicated to the budget chain. 

Keith Smith launched the discount chain in 1990 with his son Steve and together they grew the enterprise to over 70 stores before selling it for £50million in 2002.

Mr Smith, who grew up in nearby Willenhall, bought Ludstone Hall in 1997 with his Poundland profits upon returning to the UK.  He died in 2022, aged 79, after a short battle with cancer and his wife Maureen passed away a few months later.

Now, his son Steve and his siblings are selling his late father’s beloved home for £7.75million. 

Ludstone Hall dates back to Medieval times but the current property was built in 1607 for the Whitmore family. The estate stayed in the family until 1867 and has only had a handful of owners since.

Steve Smith (pictured) at the moated manor home which his parents bought in 1997

Steve Smith (pictured) at the moated manor home which his parents bought in 1997 

The Poundland museum which is located inside Ludstone Hall

The Poundland museum which is located inside Ludstone Hall 

One of the dining rooms in Ludstone Hall which was owned by co-founder of Poundland Keith Smith

One of the dining rooms in Ludstone Hall which was owned by co-founder of Poundland Keith Smith 

The home is now on the market for £7.75million

The home is now on the market for £7.75million

The swimming pool located inside the manor home in Shropshire

The swimming pool located inside the manor home in Shropshire 

Poundland's co-founders Steve and Keith Smith pictured together

Poundland’s co-founders Steve and Keith Smith pictured together

The manor has period features such as mullioned windows, panelled reception hall, stone fireplaces and the remarkable survival of the original lead rainwater goods.

The main house has over 8,000 sq ft of accommodation including four reception rooms, nine bedrooms, seven bathrooms and extensive cellars. 

A leisure complex at the rear includes the swimming pool with retractable floor, a handmade oak bar, separate dining area and a hot tub under a raised platform.

There is a two-bedroom gate lodge on the grounds and a number of outbuildings, including a coach house that the Smiths converted to create a museum to the history of both the estate and Poundland.

The formal gardens include box hedging, lawns, squash court, the moat, raised terraces, a lake and an orchard.

Steve Smith (pictured) outside his parents' home in Claverley, Shropshire

Steve Smith (pictured) outside his parents’ home in Claverley, Shropshire 

The main house has over 8,000 sq ft of accommodation including four reception rooms, nine bedrooms, seven bathrooms and extensive cellars

The main house has over 8,000 sq ft of accommodation including four reception rooms, nine bedrooms, seven bathrooms and extensive cellars

The kitchen area inside the property which has an island and a chandelier

The kitchen area inside the property which has an island and a chandelier 

One of the living rooms in the property which boasts period features

One of the living rooms in the property which boasts period features 

A luxurious main double-bedroom at the home which features a four-poster bed and fireplace

A luxurious main double-bedroom at the home which features a four-poster bed and fireplace

A Poundland store in Staines-upon-Thames, Surrey

A Poundland store in Staines-upon-Thames, Surrey

After leaving school, Keith Smith worked as an apprentice draughtsman before running a market stall and the Hooty’s cash & carry in Willenhall, Walsall. 

When his son Steve turned 18 and wanted to launch a business of his own, his father gave him the idea of starting up a shop where everything was £1.

With a £50,000 loan from Keith, the pair co-founded Poundland, with the first shop opening in Burton upon Trent, in Staffordshire.

Steve, 61, said: ‘When my parents came back to the UK they wanted to find a home where they would never want to move from, and they certainly found that at Ludstone.

‘My mum and dad really loved their time at the estate which can be seen in the amount of money they invested in the property – it really is the home that Poundland built.

The home was bought in 1997 by Keith Smith with his Poundland profits

The home was bought in 1997 by Keith Smith with his Poundland profits 

Mr Smith and his wife Maureen spent £7million on a major refurb of the nine bedroom Jacobean mansion

Mr Smith and his wife Maureen spent £7million on a major refurb of the nine bedroom Jacobean mansion

The swimming pool which is located underneath the floor

The swimming pool which is located underneath the floor

A bridge across the moat which surrounds the stunning property in Claverley

A bridge across the moat which surrounds the stunning property in Claverley 

‘One particular investment they made was installing the swimming pool. They wanted to have a big party for the millennium so had one with a retractable floor installed so that the room could also be used to host events.

‘Living locally myself, I have some really happy memories of their time here. I used to bring dad the broken sweets we couldn’t sell and he’d feed them to the cows that he kept in the grounds. The cows were sold to a supermarket chain who said that it was the sweetest meat they’d tasted.

‘We’d also hold charity events and open up the museum to visitors and raised thousands of pounds for local good causes over the years.

‘The property holds so much historic significance, and has only had a handful of owners since it was built. We’re now keen to see the property go to a new family who can make their own memories here.

‘While the Ludstone Hall Estate section of the museum will remain at the property, we’ll also be donating all of the Poundland memorabilia to Poundland so that they can preserve the history of the company.’

Ludstone Hall is being sold by estate agents Fisher German.

Source link

Continue Reading

Current

Inside two stunning British sea forts heading to auction with a guide price of £1m

If you are fed up with troublesome neighbours, poky rooms and congested streets, a solution could be at hand. 

There are not one, but two, unique island sea forts going up for auction on Savills later this month on 18 June.

No Man’s Land Fort, located in the waters off the Isle of Wight, and Spitbank Sea Fort, nestled in the waters of Portsmouth Harbour, each have a guide price of £1million ahead of this month’s auction. 

It could be yours: No Man's Land Fort has a guide price for auction of £1m

It could be yours: No Man’s Land Fort has a guide price for auction of £1m

Robin Howeson, head of Savills Auctions, said: ‘Throughout my career as an auctioneer I’ve seen several sea forts hit the market that have achieved impressive prices as buyers have sought to pursue these trophy assets. 

‘Having been carefully restored by the current owners, No Man’s and Spitbank Fort represent exceptional market value, each guided at £1million. 

‘Both offer an opportunity like no other; a waterfront location, up to 99,000 sqft of space and a chance to champion the heritage and legacy of these iconic maritime structures.’

On the potential to add value to the forts, Howeson told MailOnline: ‘The avenues to add value to either Fort would depend on the intended end use. 

‘Previous planning permission exists to add a helicopter pad to Spitbank Fort, and a full marina with additional helicopter pad to No Mans Fort, making these structures more accessible to both owners and visitors. 

‘There would also be the opportunity to go green with the instalment of tidal power generators, or to convert the forts into a variety of other uses.’

Let’s take a closer look at the two sites going up for auction.

Wow factor: No Man's Land Fort is going up for auction via Savills on 18 June

Wow factor: No Man’s Land Fort is going up for auction via Savills on 18 June 

Stunning: No Man's Land Fort is secluded but remains easily accessible

Stunning: No Man’s Land Fort is secluded but remains easily accessible

Space matters: No Man's Fort comes with roughly 99,000 sq. ft. of space

Space matters: No Man’s Fort comes with roughly 99,000 sq. ft. of space

Divine: No Man's Land Fort boats panoramic views and could be yours to enjoy

Divine: No Man’s Land Fort boats panoramic views and could be yours to enjoy

Room with a view: No Man's Land Fort already has 23 ensuite bedrooms

Room with a view: No Man’s Land Fort already has 23 ensuite bedrooms 

Plush: The bathrooms on No Man's Land Fort have been finished to a high standard

Plush: The bathrooms on No Man’s Land Fort have been finished to a high standard

Charming: The bedrooms on No Man's Fort have been individually designed

Charming: The bedrooms on No Man’s Fort have been individually designed 

Fun times: No Man's Land Fort has a host of eating and drinking spaces available

Fun times: No Man’s Land Fort has a host of eating and drinking spaces available 

Where's the party? No Man's Land Fort is home to a myriad of event spaces

Where’s the party? No Man’s Land Fort is home to a myriad of event spaces 

Located off the Isle of Wight, No Man’s Land Fort is a Victorian island fort which has already been transformed into self-contained luxury private accommodation. 

Within this secluded yet accessible location, you will not be short of space. There is approximately 99,000 sq. ft. of space on offer, with old-world charm incorporated seamlessly with modern amenities. 

Boasting panoramic views, the site is already operating as a hotel and event space, and there’s significant potential to add further value. 

At present, the four-storey fort has 23 ensuite bedrooms, crew quarters, multiple bars and restaurants and a number of multi-purpose rooms, which are ideal for events like weddings and parties. 

The fort comes with a helipad in place and two landing stages for visitors by sea. 

The lowest level of the fort has been converted into entertaining space including laser battle, while the roof deck provides further facilities including hot tubs, a fire pit, bar and Nordic bothy. 

The newly opened Lord Nelson Pub, The Cabaret Bar nightclub and additional entertaining spaces are located on the upper and lower levels of the fort. 

The fort is fully self-contained with its own private water source in the form of an artesian well and comes equipped with marine generators, and sewage treatment plant. 

The site can be sold fully furnished, if desired. 

Privacy at last: Spitbank Sea Fort is great for privacy-seekers wanting easy mainland access

Privacy at last: Spitbank Sea Fort is great for privacy-seekers wanting easy mainland access

Outlook: Spitbank Sea Fort is close to the hub of Portsmouth Habour

Outlook: Spitbank Sea Fort is close to the hub of Portsmouth Habour 

Sit back and chill: Spitbank Sea Fort has roughly 33,000 sq. ft. of space

Sit back and chill: Spitbank Sea Fort has roughly 33,000 sq. ft. of space 

Yes please, captain: Spitbank Sea Fort is currently home to nine plush guest bedrooms

Yes please, captain: Spitbank Sea Fort is currently home to nine plush guest bedrooms

Retreat: The accommodation on Spitbank Sea Fort has been finished to a high standard

Retreat: The accommodation on Spitbank Sea Fort has been finished to a high standard

History: Spitbank Sea Fort's circular design was predominantly crafted from granite, brick and stone

History: Spitbank Sea Fort’s circular design was predominantly crafted from granite, brick and stone

Wine time: Enjoy panoramic views from the bar at Spitbank Sea Fort

Wine time: Enjoy panoramic views from the bar at Spitbank Sea Fort 

Event space: Spitbank Sea Fort has multiple event spaces available

Event space: Spitbank Sea Fort has multiple event spaces available 

Take a dip: Spitbank Sea Fort has a hot pool and a sauna on offer

Take a dip: Spitbank Sea Fort has a hot pool and a sauna on offer

Nestled in the waters off Portsmouth Harbour, Spitbank Sea Fort boasts approximately 33,000 sq. ft. of space and 15ft thick granite fort walls. 

The fort was constructed in the 1860s as part of a trio of forts to safeguard Portsmouth against potential naval threats from French ironclad warships.

It has been meticulously transformed into self-contained private accommodation. 

The site is currently home to nine high-end guest suites, a 60-covers restaurant, crew quarters and multiple event spaces. It is licensed for weddings. 

Subject to planning consent, the potential for alternative uses is available, including, Savills suggests, using the site as a casino, an ‘ultra private residence’, corporate offices or converting it into individual flats. 

Prospective buyers will also be pleased to hear that the fort also comes with a wine cave, roof terrace, sauna, hot pool, fire pit and sun decks. 

As with No Man’s Land Fort, Spitbank Sea Fort comes equipped with a private water source from an artesian well, marine generators for power and a sewage treatment plant. Furnishings can be negotiated, according to Savills. 

Source link

Continue Reading

Trending

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates 
directly on your inbox.

You have Successfully Subscribed!