The Sunday Times ranks six Thames Valley companies in the Tech Track 100 league table 2020
The Sunday Times annual league table recognises the fastest growing technology companies in the UK, identifying annual sales rise over three years, recent sales intake and staff. Five of the top 50 companies featured are based in Oxfordshire and make up half of the companies in the south-east outside London, confirming the county’s claim to having the UK’s leading innovation ecosystem.
VoCoVo, which provides headsets and communications systems for large retailers such as Tesco, Asda and Primark, saw its sales grow by 233% over the past three years. Two Oxford University spin-outs, Oxgene and Oxford Nanopore Technologies, took 19th and 20th place respectively. Both biotech companies are involved in the fight against Covid-19 and together turn over more than £56m. Oxford Nanopore has secured more than £529m in venture funding.
Exscientia, based in the Oxford Science Park, is using AI to bring vital drug treatment to market more quickly and last year achieved £9m in sales to leading pharmaceutical companies such as Glaxo Smith Kline.
GoTo Group, a tech innovator in a different sphere, has created a property management platform and seen an 80% rise in sales.
Phil Southall, President, Oxfordshire Chamber of Commerce commented:
‘The significant number of Oxfordshire-based companies featured in the Tech Track 100 league table 2020, provides further clear evidence of the county’s strength and leadership in tech innovation – which continues to make it a global destination of choice for business investment.’
In addition to Oxfordshire, Reading-based company Qmee, a consumer insight platform, also featured in the league table, reporting a 161.74% increase in sales in three years.
Read more, HERE
You can also view the full report HERE.