A Handbook of UK Venture Capital Innovation - BVCA admin ...

A Handbook of UK 

Venture Capital Innovation

EDITORS 

2 

Editor 

Tushar Bajaj 

For Additional Information 

Tom Allchorne 

Email tallchorne@bvca.co.uk 

Phone +44 (0)20 7420 1807 

t: +44 (0)20 7420 1800 e: bvca@bvca.co.uk w: bvca.co.uk

Contents 

Introduction 

Foreword 4 

Five Facts About Venture Capital in the UK 5 

Industry Sectors in the Handbook 6 

Company Profiles 

Chapter 1 Cleantech 7 

Chapter 2 Digital 23 

Chapter 3 Finance & Business Support 49 

Chapter 4 Information Technology 65 

Chapter 5 Intelligence & Security 87 

Chapter 6 Leisure 101 

Chapter 7 Life Sciences 111 

Chapter 8 Materials 131 

Chapter 9 Medical 143 

Chapter 10 Telecoms 157 

Index 

Alphabetical Index 173 

Company Index by Venture Capital Backer 183 

Company Index by Parlimentary Constituency 194 

t: +44 (0)20 7420 1800 e: bvca@bvca.co.uk w: bvca.co.uk 

COnTEnTS 

3

InTRODUCTIOn 

4 

Foreword 

Welcome to Britain’s Hot Talent 2010/2011: both a collation and a celebration of UK 

venture capital. The inaugural edition of this handbook last year highlighted some 100 

companies across eight sectors. This year almost 150 venture capital-backed portfolio 

companies are included ranging across ten distinct areas of economic activity. This 

expansion is a tribute to the diversity and dynamism of venture capital innovation in this 

country despite what have been very challenging conditions in the past two years. This 

edition also includes additional statistical information about the industry as a whole and 

outlines the perhaps surprising geographical spread represented by these companies. 

Although venture capital in Britain, as elsewhere, has its clusters, it can be found in 

virtually every corner of the United Kingdom. 

Almost everyone agrees that the British economy of the future has to be different 

to that of the recent past. It will require restructuring to become less dependent on 

a hitherto dominant financial services sector and more focused on the industries of 

the future, many of which will be located in the high-tech, clean-tech and green-tech 

arenas. There can be no coherent strategy for such an economic shift which does not 

place venture capital at the heart of that endeavour. This handbook shows what can be 

done. 

The world of venture capital is ultimately about the power of new ideas. Ideas, however, 

require investment if they are to realise their potential. As this document illustrates 

there are already numerous examples of initially small ideas which have subsequently, 

courtesy of venture capital, become very large, successful and socially valuable 

companies. Britain needs more of this sort of innovation. The British Venture Capital 

Association (BVCA) and its Venture Capital committee exist to enhance it. 

This handbook will also, we hope, have practical applications for the reader. It should 

be the source of personally useful information as well as professionally interesting data. 

Thomas Edison declared that: “I find out what the world needs, then I proceed to 

invent”. It is in the same spirit that we commend Britain’s Hot Talent 2010/2011 to you. 

Richard Anton 

Partner, Amadeus Capital Partners Ltd. 

Vice Chairman 

BVCA 


Simon Clark 

Partner, Fidelity Growth Partner, 

Chairman, Venture Capital Committee 

BVCA

Five Facts About Venture 

Capital in the UK 

one 

two 

three 

four 

five 

Over 180 investment firms actively manage venture funds in 

the UK. 

More than 40% of the investment houses within the BVCA 

membership are involved in UK, European and/or overseas 

venture capital. 

In 2009, around 400 companies were backed by British venture 

capital houses and employed 27,000 people. 28 of these 

companies are based in Continental Europe and employ 

over 1,200 people. 

In 2009, the BVCA’s venture capital members collectively 

raised £1.5 billion to invest into flourishing companies in the 

UK and abroad. 

In 2009, the average investment made by a BVCA venture 

capital member into a British company was £763,000. 


InTRODUCTIOn 

5

InTRODUCTIOn 

6 

Industry Sectors in the Handbook 

Cleantech 

Alternate energy and agricultural 

technologies, waste recycling, 

compliance systems. 

Finance and business support 

Financial services, process management 

technologies, training. 

Information technology 

Software, hardware, semiconductors, 

broadband services. 

Intelligence and security 

Artificial intelligence, alarm systems, 

testing and maintenance, specialised 

information and consulting. 

Medical 

Equipment, care and services. 


Leisure 

Restaurants, games, movies, fitness. 

Materials 

Electronic, plastics, metals, glass, fabrics, 

chemicals and new production methods. 

Life sciences 

Pharmaceuticals, biotechnologies, 

therapeutics. 

Digital 

Web based retailing, visual effects, online 

marketing, social media. 

Telecom 

Security, software, location based 

services, data and connectivity.

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FInAnCE & 

BUSInESS SUPPORT 

InFORMATIOn 

TECHnOLOgy 

InTELLIgEnCE & 

SECURITy 

LEISURE 

LIFE SCIEnCES 

MATERIALS 

MEDICAL 

TELECOMS

DIgITAL 

FInAnCE & 


InFORMATIOn 

TECHnOLOgy 


SECURITy 

LEISURE 

LIFE SCIEnCES 

MATERIALS 

MEDICAL 

CLEAnTECH 

TELECOMS 

B r i ts 

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ACAL Energy Limited 

Nominated by Enterprise Ventures 

ACAL Energy Ltd is a developer of fuel cell systems, modules and consumable 

chemicals for a range of uses including stationary, residential and automotive 

applications requiring larger than 1 kW of power. 

ACAL Energy was founded in August 2004 to research and optimise Dr Andrew 

Creeth’s invention for addressing the inherent technical limitations of the cathode 

side of membrane based fuel cells. Fuel cells are electrochemical systems that 

convert chemical energy to electrical power directly. 

The company’s innovative designs will help deliver substantial cost savings in fuel 

cell systems and performance improvements in Proton Exchange Membrane that 

will accelerate the adoption of PEM Fuel Cell technologies in key markets. 

Enterprise Ventures’ RisingStars growth Fund initially invested in September 2004 

and has since increased its investment in the company, against a set of investment 

milestones. The company recently raised Series A funding and in recent trials has 

achieved industry-acknowledged peak power performance levels, and overall 

system demonstrations that evidence the credibility of the low cost fuel cells 

system potential. Dr Creeth has been working in related fields for more than 20 

years and has a strong inventive record with over 20 patents to his name. 

Key Management Dr S B Cha Chief Executive Officer 

Get in Touch Amanda Lyne alyne@acalenergy.co.uk 

Website www.acalenergy.co.uk 


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AeroThermal Group Limited 

Nominated by Bridges Ventures 

The AeroThermal group Ltd is a Dorset-based developer of an innovative autoclave-based 

steam treatment technology for waste. The team is focused on deploying its knowledge 

in autoclave design in the waste treatment sector through its proprietary Advanced 

Anaerobic Digestion (AAD) system. 

AeroThermal’s AAD system has significant operational and financial benefits over 

conventional AD systems. AAD provides significantly increased biogas yields from waste 

otherwise destined for landfills. AeroThermal’s AAD system is underpinned by a proprietary 

autoclave (like a large pressure cooker) in which high-pressure steam mixes with the 

waste feedstock and breaks down the cell structure of the organic fraction of the mixed 

waste, thereby increasing the proportion of waste available for anaerobic digestion. This 

pre-treatment step results in a homogenised waste stream which undergoes anaerobic 

digestion to produce a methane-rich biogas which is then harnessed to generate green 

electricity. Waste heat is utilised within the system and the remaining recyclable material is 

sterilised and cleaned, enhancing its appeal to the recycling market. 

Processing municipal solid waste in AeroThermal’s AAD has significant benefits over 

existing AD systems. Traditionally, conventional AD systems are only suitable for treating 

food and green wastes which require a separate collection system. AeroThermal’s AAD 

system widens the applicability of AD to numerous ‘problem’ waste streams by eliminating 

the need for household separation of mixed waste and kitchen waste, thus reducing 

pressure on residents and expense for local authorities. In addition, the enhanced biogas 

yield of the AAD system improves profitability by increasing the revenue of such a plant. 

Key Management Ian Toll CEO 

Christian Toll Managing Director 

Tristan Lloyd-Baker Commercial Director 

Get in Touch Christian Toll toll.c@atguk.com 

Website www.aerothermalgroup.com 


AMEE 

Nominated by Amadeus Capital 

AMEE helps companies, governments and consumers calculate their carbon 

footprint consistent with the best science and international standards. The AMEE 

interface provides access to the most up-to-date carbon and environmental data. 

Applications and solutions that are “powered by AMEE” help ensure compliance 

with authoritative international standards. AMEE works directly with consultants 

and software developers. Carbon accounting is expected to become a $4 billion 

market by 2017, driven by regulatory pressure on companies to report and manage 

their greenhouse gas (gHg) emissions, and by the ongoing decarbonisation of the 

world’s energy and industrial bases. Additional areas of opportunity include gHg 

quantification throughout global supply chains, and real-time monitoring of gHg 

emissions being implemented in smart grid and smart home applications. AMEE’s 

expertise in gHg science, software and web services uniquely positions it to be 

the primary global provider of carbon data and emissions factors to the carbon 

accounting market. Since its foundation in 2008 the company has teamed up 

with an impressive roster of partners, including the UK’s Department of Energy and 

Climate Change. Headquartered in London, AMEE also has offices in San Francisco. 

Key Management Gavin Starks Founder and CEO 

Andrew Conway Co-founder and Chief Scientist 

Jennifer Langdon VP Programmes 

Get in Touch Gavin Starks gavin@amee.com 

Website www.amee.com 


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Arvia Technology 

Nominated by MTI Firms 

Cost effective destruction of organic waste materials and pollutants. Including 

organic materials in water, waste water and ground water and including organics 

materials in other fluids such as acids and salt solutions. Pure organics, such as oil, 

can be destroyed through dilution and mixing with water. The technology is unique 

and involves the in-situ regeneration of an adsorbent and so is a chemical free, 

waste stream free, low cost water treatment. The company provides products, 

services and technologies. 

Key Management Martin Keighley CEO 

Andrew Dixey Chairman 

Sam Corcoran FD 

Nigel Brown CTO 

Get in Touch martin.keighley@arviatechnology.com 

Website www.arviatechnology.com 


Bowman Power 

Nominated by WHEB Ventures 

Bowman Power group Ltd is in the business of recovering useful energy from waste 

heat in order to build more fuel efficient power plants which improves payback and 

reduces emissions. Bowman has developed turbo-generation technology that uses 

the 35% of energy lost through the exhaust to generate electrical power which 

can be fed back to the engine or used to drive auxiliary systems. This significantly 

increases engine efficiency and boosts power output. Bowman is currently applying 

its technology on projects with a number of large, international truck and stationary 

power manufacturers.. 

Key Management Tony Davies CEO 

David Lamb Finance Director 

Dick Tett Commercial Director 

Jon McGuire Engineering Director 

Get in Touch Dick Tett dtett@bowmanpower.co.uk 

Website www.bowmanpower.com 


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CLEAnTECH 

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Breathing Buildings 

Nominated by MMC Ventures 

Breathing Buildings provides low-energy ventilation systems. The company’s patentpending, 

controlled natural ventilation system reduces overall energy consumption of 

buildings by 50% compared with buildings using conventional ventilation systems. Almost 

half of all CO2 emissions globally are produced by the built environment; in the EU, heating 

and cooling accounts for 40% of these emissions. 

natural and low-energy ventilation is a growing niche within the £1.4bn UK HVAC (heating, 

ventilation and air conditioning) market, driven by energy consumption legislation, building 

regulations and cost pressures. Breathing Buildings (formerly known as E-Stack) was spun 

out of the University of Cambridge following a BP-funded research programme at the 

University’s BP Institute. 

Since then Breathing Buildings has received funding from MMC Ventures and BP 

Alternative Energy Investments and they have delivered more than 30 projects in 

education and retail properties. 

The value and potential of the innovation has been recognised by a number of awards in 

2008 and 2009 including the Rushlight Energy Minimisation Award, Interbuild BSF Best 

M & E Innovation, Cambridge news Business Excellence Awards Innovation Award, two 

awards from the East of England Energy group and the Most Enterprising new Market 

Entrant of the year at the Euromoney and Ernst & young global Renewable Energy Awards. 

They also recently won the awards Places to Live and Work Category. 

Key Management Shaun Fitzgerald Managing Director 

David Wilkinson Finance and Operations Director 

Raymond Edwards Chairman 

Get in Touch Joanne Cracknell joanne.cracknell@breathingbuildings.com 

Website www.breathingbuildings.com 


Cascade Technologies Ltd 

Nominated by Braveheart Ventures 

Cascade Technologies has created novel technology which uses quantum cascade 

lasers to provide breakthrough products that create instant DnA-type “fingerprints” 

of gases, enabling their presence and quantity to be detected. The technology can 

be applied to multiple applications such as emissions monitoring in the marine and 

power generation industries and the detection of explosives and chemical agents. 

Cascade’s technology is low maintenance and requires little or no calibration 

making Cascade Technologies products a truly cost effective way of measuring 

emissions in real time. 

Cascade Technologies is a spin-out from the University of Strathclyde. 

Key Management Iain Howieson Chief Executive Officer 

Get in Touch i.howieson@cascade-technologies.com 

Website www.cascade-technologies.com 


CLEAnTECH 

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CLEAnTECH 

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Chemrec 

Nominated by Environmental 

Technologies Fund 

Chemrec enables pulp and paper mills to become bio-refineries through application 

of its black liquor gasification technology. 

Chemrec’s technology helps mills dramatically increase their cash flow and 

profitability; and opens up new markets for mills, producing sustainable, low-carbon 

chemicals and fuels. 

The company is headquartered in Stockholm, Sweden, with operations globally 

and plants in Pitea, Sweden and at Weyerhaeuser new Bern, north Carolina, USA. 

Chemrec plants have 20 years of experience in the field of black liquor gasification 

technology. 

Key Management Max Jonsson Chief Executive Officer 

Get in Touch max.jonsson@chemrec.se 

Website www.chemrec.se 


Exosect 


Exosect focuses on the development and sales of pest management solutions. 

Exosect has developed a cost effective way of controlling insects in agriculture and 

food storage using pheromone-based technology. The company’s innovative 

and cost-effective products help growers, food producers and processors actively 

reduce their use of insecticides. Their goal is to assist growers achieve zero residues 

in their crops and produce high quality food for the consumer. Their products 

are used globally in a wide range of sectors including crop protection, (agriculture, 

horticulture and stored products), apiculture, amenity and public health. 

Based in Winchester, Exosect is commercially active in Europe, USA, India and 

Australasia. The company has established partnerships in over 20 countries for 

co-development and distribution. 

Key Management Martin Brown Managing Director 

Get in Touch martin.brown@exosect.com 

Website www.exosect.com 


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CLEAnTECH 

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Helveta 

Nominated by Oxford Capital Partners 

Helveta develops software for the verification and control of timber supply chains. 

Helveta was incorporated in 2004 and works with governments, ngOs and large 

corporations. The company’s systems have been installed in numerous developing 

countries and are playing a growing role in the fight against climate change and 

the trade in illegally felled timber. Helveta is a cleantech-focused company with the 

advantages of a software business model. Revenues are growing at over 250% per 

annum. 

Key Management Patrick Newton Chief Executive Officer 

Get in Touch Patrick.newton@helveta.com 

Website www.helveta.com 


Marine Current Turbines Ltd 

Nominated by CT Investment Partners LLP 

Marine Current Turbines Ltd is the first mover in the field of tidal and marine current 

turbines. This entirely new technology provides a means to generate electricity 

from the huge and sustainable energy resource of flowing currents in the seas and 

oceans. The basic principle may seem fairly obvious, namely to install something 

rather like a windmill under water, but the practical difficulties of doing this at 

sea are formidable. To this end Marine Current Turbines has an unparalleled track 

record of developing and scaling up this novel technology, the key “milestones” and 

achievements being as follows:- 1. installation of world’s first tidal turbine, a 15kW 

“Proof of Concept” system on Loch Linnhe, Scotland in 2004-5 (a project inherited 

from the former parent company) 2. installation of world’s first offshore and first 

large scale tidal turbine, the 300kW Seaflow system installed 3km nE of Lynmouth, 

Devon, England in May 2003 3. installation of world’s first commercial scale tidal 

turbine, the 1200kW Seagen system, in Strangford narrows, northern Ireland 

in April 2008, which by now has delivered over 2000MWh into the UK national 

grid. The company is now working on the world’s first commercial scale project, 

a planned array of Seagen type turbines. This progress has been achieved with a 

certain amount of government support, initially from the EC but mainly from the 

UK government (DECC), however most of the risk and some 75% of the costs have 

been borne by VC funds, corporate partners and some private shareholders.. 

Key Management Paul Lester Non-Exec Chairman 

Martin Wright Managing Director 

Peter Fraenkel Technical Director 

Get in Touch peter.fraenkel@marineturbines.com 

Website www.marineturbines.com 


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CLEAnTECH 

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New Earth Solutions 

Nominated by Impax Asset Management 

new Earth Solutions is a private UK group that has developed a range of 

technologies and processes designed to treat and recover value from waste and 

mitigate its impact on the environment. 

The company’s processes include enclosed composting and biological treatment 

of waste and transforming waste to renewable energy. In treating the waste, new 

Earth Solutions helps local authorities to meet their obligations to divert waste from 

landfill under the EU directive and contributes to composting and recycling rates. 

new Earth Solutions currently holds contracts for over two million tonnes of 

waste with six authorities across England. Following two injections of capital from 

Impax Asset Management, coupled with the launch of a dedicated fund which 

invests directly in the group’s operating assets, new Earth Solutions is poised 

for accelerated growth over the next five years as it rolls out a network of waste 

treatment facilities throughout the UK. 

Having operated its own facility since 2002, new Earth Solutions has been able to 

fully understand and encompass the disciplines required to manage a facility to 

the exacting requirements of the Animal By-Product Regulations. The design of 

the new Earth Solutions process incorporates many aspects of proven Austrian 

technology with a process specifically designed to meet the requirements of the 

UK regulatory framework. 

Key Management Chris Cox Chief Executive Officer 

Get in Touch info@newearthsolutions.co.uk 

Website www.newearthsolutions.co.uk 


PassivSystems 


PassivSystems is developing a software and data services platform to 

provide “smart grid” energy efficiency solutions for homes and energy 

supply companies. The system with householders to monitor, understand 

and optimize energy consumption automatically for heating, hot water and 

electrical appliances. It can also balance local microgeneration supply with local 

demand. 

Key Management Colin Calder CEO 

Henry Brown CFO 

Fraser Harding Development Director 

Jeff Ball Operations Director 

Get in Touch colin.calder@passivsystems.com 

Website www.passivsystems.com 


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CLEAnTECH 

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Petainer UK Holdings Ltd. 

Nominated by next Wave Partners 

WHEB Ventures 

v 

Headquartered in Lidköping, Sweden, with a second plant in As, Czech Republic 

and a sales office in germany, Petainer manufactures and supplies polyethylene 

terephalate (“PET”) bottles, preforms and large containers to a range of global 

drinks companies. Petainer has recently launched its latest innovation, the PET beer 

keg which aims to replace the traditional metal keg for export markets. The PET 

keg significantly reduces the environmental impact of draft beer distribution as it 

is substantially lighter, requires less energy to manufacture compared to its metal 

counterpart and is recyclable. 

next Wave Partners and WHEB Ventures backed a buy in team (both ex-Rexam 

themselves) to complete a buy in management buyout transaction (BIMBO). 

The investment completed in november 2009. The investors are WHEB Ventures, 

next Wave Partners, buy-in management and existing management. 

Key Management Nigel Pritchard Chief Executive Officer 

Brian Woods Chief Operating Officer 

Get in Touch nigel.pritchard@petainer.com 

Website www.petainer.com 


Plant Impact 


Plant Impact (Pi) is an innovative green science company specialising in precision 

crop nutrition, which provides effective solutions for major food issues. Its 

unique cutting-edge technologies reduce plant stress, increase marketable yield, 

improve product quality, prolong shelf life and enhance overall profitability. These 

technologies are designed to further the principles of sustainable agriculture and 

are better for the environment, the grower and the consumer. 

Plant Impact’s new clean technologies minimise inputs whilst maximising quality 

output without depleting the earth’s resources or damaging the environment; 

addressing the adverse effects of climate change on agriculture and are tailored to 

meet specific market needs. 

The company’s sales network incorporates Pi agronomists, overseas distributors 

and specific licence agreements. 

Enterprise Ventures’ RisingStars growth Fund first invested in the company at the 

Proof of Concept stage in March 2004. 

Key Management Peter Blezard Chief Executive Officer 

Get in Touch maureen@plantimpact.com 

Website www.plantimpact.net 


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Quantasol 

Nominated by Imperial Innovations 

Quantasol is developing Concentrated Photovoltaic (CPV) solar cells. CPV solar 

power systems can deliver more power per acre and use land more efficiently and 

effectively than any other solar technology. QuantaSol’s CPV solar cells enable 

system manufacturers to generate more power than ever before from power 

installations, delivering cheaper electricity. 

QuantaSol is combining the highly reliable technology of multi-junction solar cells, 

with the similarly well proven Quantum Well technology from the Telecom industry. 

This powerful combination creates third-generation solar energy performance in a 

cost effective and highly reliable device. 

Quantasol’s technology is based on triple junction solar cells, which split the solar 

spectrum into three, allowing each sub-cell to convert the band of the spectrum 

to which it is sensitive at the greatest efficiency. Quantasol’s technology builds on 

this through the inclusion of quantum wells, which are used to ‘tune’ the sub-cells 

to absorb and convert more of the available light, leading to increases in efficiency. 

QuantaSol world leading devices are now moving towards volume availability with 

average efficiencies exceeding 40% 

Quantasol was founded by Imperial Innovations in 2007 to commercialise 

technology developed by Professor Keith Barnham at Imperial College London in 

conjunction with Dr John Roberts at Sheffield University.. 

Key Management Chris Shannon CEO 

Professor Keith Barnham Founder/Chief Scientific Officer 

Ian Jenks Chairman 

Get in Touch chris.shannon@quantasol.com 

Website www.quantasol.com 


Sterecycle 

Nominated by Impax Asset Management 

Sterecycle is a waste management business that has developed patented 

technologies that are capable of recycling and recovering up to 80% of the typical 

household waste stream. 

Sterecycle has built a full-scale plant in yorkshire that can process 100,000 tonnes 

per annum of waste, equivalent to the waste produced by a town of 200,000 

people. This is the first full-scale commercial autoclave plant in the world to treat 

household waste. Whilst autoclaving has been used for a number of years for 

sterilising medical waste, Sterecycle has pioneered its use at industrial scale and 

for recycling municipal solid waste. In addition, the facility uses Sterecycle’s own 

unique autoclaving system which is highly energy efficient and is self-sustaining 

when integrated with a green energy plant. 

Key Management Duncan Grierson Chief Executive and Founder 

Get in Touch grierson@sterecycle.com 

Website www.sterecycle.com 


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CLEAnTECH 

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Whelan Refining Ltd 


Whelan Refining Limited is the first and only facility in the UK that processes and 

recycles waste oil into virgin-grade oil products that are suitable for a range of end 

applications from process oils to engine oils. One of the products produced is a 

high quality group I Base Oil that is sold to the lubricant manufacturing industry. 

Whelan Refining Limited is unique in the UK as it operates in strict compliance 

with the Waste Oil Directive which seeks to promote the principle of re-refining 

and regeneration of waste oils. In addition, the UK is a net importer of base oils 

and thus waste oil recycling will reduce the nation’s need to import increasingly 

expensive oil products. 

Key Management John Whelan Managing Director 

Steve Hirst Non-Executive Chairman 

Get in Touch JohnWhelan@whelan-refining.com 

Website www.whelanrefining.co.uk 


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Elateral 

Nominated by SPARK Ventures 

Elateral is a rapidly growing developer of a web-based marketing automation 

service that streamlines the delivery of complex global marketing campaigns 

across media, borders and channels. Elateral MSP, an award winning, easy to use, 

scalable, web-based solution is redefining how brands go to market. The product 

allows clients to take the time and cost out of marketing processes and to produce 

successful, targeted demand generation campaigns. 

Internationally known brands including Coca-Cola, DaimlerChrysler, Cisco, Toyota, 

SAP and Symantec depend on Elateral to simplify their marketing processes, save 

time and money, better serve and empower marketers and preserve their brands’ 

valuable DnA within the broadest of user communities. 

Key Management Paul Goater Chief Executive Officer 

Angus de Watteville Chief Financial Office r 

Peter Blackburn Chief Technical Officer 

Get in Touch General Enquiries info@elateral.com 

Website www.elateral.com 


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Espresso Group Limited 

Nominated by Beringea 

Established in 1997, Espresso is one of the UK’s leading educational digital 

content companies and is used for teaching and learning in primary and 

secondary schools across the country. The company has developed a range of 

multimedia teaching resources that are curriculum-aligned. 

Espresso was founded by Lewis Bronze, a former Editor of Blue Peter and 

received its first round of venture capital investment in 2001. After several 

further investments, revenues have grown from less than £1 million in 2001 

to almost £20 million. Employee numbers have also grown from a handful to 

approximately 150. 

Key Management Lewis Bronze Chief Executive Officer 

Richard McGrath Managing Director 

Get in Touch Heidi Delaloye hdelaloye@espresso.co.uk 

Website www.espresso.co.uk 


Ethicalsuperstore.com 

Nominated by northstar Ventures 

Founded in 2004, www.ethicalsuperstore.com sells over 5,000 eco-friendly and fair 

trade products from around the world. All products carry an ethical or values-based 

credential such as ‘fair trade’, ‘organic’ or ‘recycled’. 

Operating in the UK’s £32 billion market for ethical and fair trade goods, the 

company has its sights set on becoming the web’s ‘ethical Amazon’ providing a 

place for eco-friendly, organic and fair trade products. 

northStar Equity Investors has invested £250k from its Co-Investment Fund (CoIF) 

as part of a merger deal in which it combined two of the UK’s biggest online ethical 

retailers; www.ethicalsuperstore.com and www.naturalcollection.com. nSEI has 

since supported the growth of www.ethicalsuperstore.com by investing a further 

£500k, in April 2007, and £550k in August last year, both through its CoIF Fund. 

Key Management Andy Refern Chief Executive Officer 

Get in Touch tim@pointov.com 

Website www.ethicalsuperstore.com 


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Farfetch.com 

Nominated by Advent Venture Partners 

Farfetch.com was founded by José neves and launched in October 2008. As an 

independent boutique owner himself, José’s belief was that independent boutiques 

hold the most diverse and interesting selection of fashion brands in the market and 

that if he could unite these boutiques online, the resulting website would have an 

unparalleled appeal to fashion shoppers worldwide. 

farfetch.com aims to maintain the personalities of the unique boutiques that it 

represents by bringing each of their fashion viewpoints to life online, not only by 

offering the collections that their owners and buyers have hand-picked, but by 

allowing these individuals to express their opinions through editorial features and 

blog posts. 

Through farfetch.com shoppers can effortlessly explore a carefully edited collection 

of the most respected fashion stores of Paris, London, Milan, Copenhagen, Los 

Angeles and new york, in just a few seconds, all from the comfort of their home or 

office. 

Key Management José Neves Founder and CEO 

Andrew Robb COO 

Susanne Tide-Frater Brand and Strategy Director 

Paul Brine Creative & Marketing Director 

Get in Touch jose@farfetch.com 

Website www.farfetch.com 


Flirtomatic 

Nominated by Doughty Hanson, 

Seraphim Capital 

Flirtomatic has pioneered the creation of social networks for people who do not 

know each other and allows users to message each other directly, immediately and 

in absolute privacy. 

Flirtomatic has created a free mobile service supported by a virtual economy 

where users spend money to get access to special features and options such as 

sending virtual gifts, personal promotion and location-based services. 

In the UK Flirtomatic has more than 1.5 million users who send over 1 million 

messages a day and generate over 140 million page impressions every month. 

The service has delivered over 1 billion advertisements and 2 billion advertisement 

impressions and is the second highest generator of data traffic on the Vodafone 

network. 

Key Management Avi Azulai Founder 

Mark Curtis Chief Executive Officer 

Get in Touch mark@flirtomatic.com 

Website www.flirtomatic.com 


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Livebookings 

Nominated by Balderton Capital 

Management 

Livebookings is Europe’s largest online marketing and reservations service for the 

restaurant industry. 

Livebookings enables people to make online reservations on restaurant websites 

and helps restaurants to access customers who would otherwise be difficult to 

reach through a global network of partners including Time Out, Qype, lastminute. 

com, Salir.com, Ticketmaster and Eniro.se. 

The Ivy, The Ritz, gordon Ramsay Holdings, Tantris, East, grill and La Vaca Argentina 

are among Livebookings’ 20,000 restaurant clients. 

Headquartered in London, with offices in Hamburg, Stockholm and Madrid and 

customers based throughout 19 countries. In 2008 Livebookings took over 2.4 

million bookings to restaurants worldwide and the company is ranked as one of the 

top 30 fastest growing digital media companies in Europe. 

Key Management Christopher Persson Managing Director 

Get in Touch Renette Youssef renette.youssef@livebookings.net 

Website www.livebookings.net 


LOVEFiLM 

Nominated by DFJ Esprit 

Balderton Capital Management 

LOVEFiLM is Europe’s leading online DVD rental subscription service with one 

million members and operates in the UK, germany, Sweden, norway and Denmark. 

In just over five years, LOVEFiLM has grown to become the UK’s third largest home 

entertainment subscription service. 

growth within the company has been fast, helped by innovation, as well as 

acquisitions. Since launching, LOVEFiLM has been through 11 mergers and 

acquisitions across Europe, demonstrating each time skill in picking the right market 

and the right opportunity. As an entrepreneurial business, the company is proactive 

and quick to act. LOVEFiLM has consistently featured in The Sunday Times’ 

Tech Track 100, which ranks Britain’s 100 fastest-growing private tech companies, 

placing in the top ten 3 years running. 

Key Management Simon Calver Chief Executive Officer 

Jim Buckle Chief Financial Officer 

Get in Touch Press Office pr@lovefilm.com 

Website www.lovefilm.com 


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Maxymiser 

Nominated by Pentech Ventures 

Maxymiser is Europe’s leading provider of onsite marketing solutions. The 

company’s solutions and services are dedicated conversion management — the 

techniques and processes of creating better web content that in turn improve the 

performance of web site metrics. 

Maxymiser was founded in response to a clear requirement from marketers to 

have action focused technology and services to drive onsite metrics. The company 

linked the generation of content in real-time to the responses of visitors to sites, 

applied mathematical principles that make the generation process smarter and 

statistical principles that predict current and future behaviour. Maxymiser focuses 

on achieving uplift in any click metric or combination of click metrics that its clients 

need to drive. The targeting technologies employed by the business make user 

experience more relevant, further boosting Conversion and Retention. 

Key Management Tim Brown Chief Executive Officer 

Mark Simpson Managing Director 

Get in Touch mark@maxymiser.com 

Website www.maxymiser.com 


MirriAd 

Nominated by Seraphim Capital 

MirriAd has developed unique technology that digitally inserts branded images 

into video content, making them look like they were always there. This disruptive 

technology is pioneering embedded advertising and is set to revolutionise the 

$5billion global product placement industry. For the first time branded products 

and logos can now be seamlessly placed into video content post-production, 

across cinema, TV, DVD, mobile and online platforms. MirriAd enables advertisers 

to regionalise more effectively - targeting specific audiences by changing where 

brands and products are placed in a video clip, according to who and where in the 

world it is being watched. 

Key Management Peter Bazalgette Chairman 

Mark Popkiewicz CEO 

Anthony Isaacs CFO 

Get in Touch mark.popkiewicz@mirriad.com 

Website www.mirriad.com 


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MyVideoRights.com 


MyVideoRights.com (MVR) is an online video rights management and monetisation 

company. The online video market is expanding rapidly and MVR are thought 

leaders in this market. 

MVR are a B2B business who represent the commercial interests of video content 

producers and rights holders to video publishers (on web, mobile or IPTV) around 

the world. MVR use their cutting edge technology platform to protect their clients’ 

valuable intellectual property, widen the distribution of their content and monetise 

that content. Their provision of high quality, popular content allows publishers to 

create the safe, clean, well-lit environment advertisers require. The content owner 

and the publisher both benefit from MVR’s in-house ad sales team who specialise in 

monetising online video. 

Key Management Ashley Mackenzie CEO 

Richard Mansell CTO 

Kevin Deeley FD 

Get in Touch ashley@myvideorights.com 

Website www.myvideorights.com 


Notonthehighstreet.com 


notonthehighstreet.com is an unique online marketplace that helps small 

businesses, whose products are not stocked by big retailers on the high street, reach 

a far wider audience than they would usually encounter. 

notonthehighstreet.com was established in 2006 by two former small business 

owners to fill a gap in the internet shopping market. The founders wanted to create 

an umbrella website for thousands of small businesses to sell their high quality, 

creative, often personalised products to consumers who are searching to buy 

something more creative, original or personalised than usual high-street wares. 

The website allows customers to browse over 35,000 products from around 2,000 

small businesses, add those they wish to buy to one shopping basket and pay for 

these purchases in one simple transaction. Each seller then gets in touch with 

customers to confirm dispatch and delivery. The process is simple for customers 

and ensures global exposure for small businesses traditionally restricted by 

geography. 

notonthehighstreet.com raised its first outside money in 2007 from SPARK 

Ventures and then more from SPARK and other value added investors. Its sales 

have risen by well over 100% a year to over £6m in 2009. In August 2010 the 

company sold a stake to Index Ventures and greylock Ventures at a valuation of 

about 20 times SPARK’s original investment. 

Key Management Holly Tucker Executive Chairman 

Sophie Cornish Managing Director 

Get in Touch Emma Wood press@notonthehighstreet.com 

Website www.notonthehighstreet.com 


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Photobox 

Nominated by HarbourVest 

Photobox is a leader in the European online photograph printing market. 

Photobox offers customers in multiple European countries a complete online 

service including printing, storage and sharing of multiple photos. Photographs 

are produced on an on-demand basis with photographs received at 4pm sent 

out the same day via First Class mail. Customers can use the simple online service 

to order photographic prints in wide range of sizes up to 30”x 20” posters. Prints 

are competitively priced and are offered along with self created photobooks, wall 

decor and other photo-related gifts, such as greeting cards, mugs and calendars. 

Key Management Stan Laurent Chief Executive Officer 

Mark Chapman Managing Director UK 

Graham Hobson Chief Technical Officer 

Stephane Vais Chief Financial Officer 

Get in Touch Contact via website 

Website www.photobox.co.uk 


Seatwave 

Nominated by Fidelity Ventures 

Seatwave allows customers to buy or sell tickets over an online exchange. Tickets 

can be sold at any price selected by the seller, including below and above the face 

value printed on the ticket. Seatwave charges buyers a 15% service charge and 

sellers a 10% success fee (although it doesn’t charge listing fee) which, enables 

them to provide a dedicated customer service team and consumer protection 

guarantees. 

The company offers two consumer protection guarantees. TicketIntegrity 

guarantees that all tickets come from legitimate sources only. Seatwave’s 

TicketCover insurance, a joint venture with Mondial Insurance, refunds the full 

cost of tickets purchased on the site (including postage and packing) if an event 

is cancelled or if the ticket holder is unable to make it to the venue for a variety of 

reasons including motor breakdown, injury or jury service. 

In the past year the company has grown significantly and solidified a leading 

position in the online secondary ticketing market in the UK and across Europe. 

Key Management Joe Cohen Chief Executive Officer 

Richard Hurd-Wood Chief Operating Officer & 

UK Manager 

Get in Touch Taryn Walker taryn.walker@seatwave.com 

Website www.seatwave.com 


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Skimlinks 

Nominated by nESTA 

Skimlinks is a hassle-free technology designed to revolutionize the way bloggers 

and web publishers earn cash through affiliate marketing. Skimlinks launched in Dec 

08 with the aim of helping publishers monetize their content seamlessly and easily. 

By aggregating and automating the process of creating affiliate links, Skimlinks is 

transforming affiliate marketing into a ubiquitous and mainstream revenue model 

for a wide diversity of publishers. Skimlinks helps thousands of websites worldwide 

focus on creating quality content while earning commissions from over 10,000 

merchants. 

Key Management Alicia Navarro CEO 

Joe Stepniewski Business Development Director 

Alex Hoye Director 

Get in Touch Alicia Navarro 0207 382 6447 

Website www.skimlinks.com 


Skyscanner 

Nominated by SEP 

skyscanner 

Skyscanner is Europe’s number one flight search engine operating in 23 languages. 

It has taken a different approach to other search travel internet sites by building 

a database of all known flights and routes using a similar method to the one used 

by google to index the internet. The price of a flight is updated each time a user 

books a flight. The result is that the user experience is greatly enhanced in terms 

of expanding the number of flight options available, as well as making the search 

results faster, more complete and much more up to date. The market for online 

travel advertising is estimated to be worth £1.6 billion in 2010. 

Since raising venture capital in 2007 the company has expanded significantly and 

has already reached 10 million visits each month, performing 50 million searches. 

Skyscanner is profitable and growing rapidly. In the last year alone, it generated 

more than £600m of online ticket sales for airlines. 

The company has won numerous web awards including the ‘Best Meta Search 

Site’ award at the 2010 Travelmole Web Awards, Red Herring Europe 100, Deloitte 

UK Fast 50, Telegraph 10 Best Websites and Sunday Times 10 Best Money Saving 

Websites. 

Key Management Gareth William Co-founder and 

Chief Executive Officer 

Barry Smith Co-founder and 

Director of Business Development 

Get in Touch Lara Bayley lara@skyscanner.net 

Website www.skyscanner.net 


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Slurp 

Nominated by Aspiration Capital 

Management 

Slurp is an online wine retailer, initially backed by Aspiration Capital in 2006. The 

company has a product database of 2,000 wines and a rapidly growing following of 

customers. 

Slurp has one of the most comprehensive ranges of wines available online, from 

all over the world. Slurp is not a ‘virtual’ wine merchant like the rest of the market; 

the wine is warehoused in a facility in Oxfordshire. The company also works with 

wholesalers to bring their customers wines that are often not easy to find online. 

Key Management Paul Mitchell Co-founder 

Nico Sunnocks Co-founder 

Get in Touch nico@slurp.co.uk 

Website www.slurp.co.uk 


SoundCloud 

Nominated by Doughty Hanson Technology Ventures 

SoundCloud is a Berlin-based startup that lets users move music fast and easy via 

the web. Known as the “Flickr of sound”, the service is part social site for audio 

creators and part large scale platform with open APIs that already has over 80 apps 

& services integrated (ranging from music making software through artist service 

applications to consumer facing music sites). The service launched 18 months 

ago and has rapidly attracted over 1.4 million audio makers and is growing at 

double digit %s/month. Users come from across the scale and include bedroom 

producers, Kylie Minogue, all 4 major record labels, audio book readers and sound 

effect makers. SoundCloud is currently one of the largest and fastest growing audio 

sites today with the trajectory of becoming a massive scale media sharing platform 

in the ranks of youTube, Flickr & Wordpress. 

Key Management Alexander Ljung Chief Executive and Co-Founder 

Eric Wahlforss Chief Technology Officer and Co-Founder 

Get in Touch alex@soundcloud.com 

Website http://soundcloud.com 


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The Foundry 


The Foundry is the world-leading innovator of visual effects and image processing 

software. The company creates products for creative image-driven markets 

undergoing major disruption, where it can take a dominant position. Focusing initially 

on enabling creativity and boosting productivity in modern film and television postproduction, 

this strategy has made The Foundry the fastest-growing company in our 

field today. 

The Foundry develops products in collaboration with customers and in partnership with 

world-leading companies like Weta Digital, Sony Pictures and Walt Disney Animation 

Studios: developing software that has a huge impact on their workflow, creativity, 

production time and cost, while enabling them to deliver ground breaking visual effects. 

Building on its unusually strong competitive position and technology research, The 

Foundry’s expertise is directly applicable to creative markets that are adjacent to 

post-production. The company is ideally positioned to work with changing digital 

media workflows, and is already developing products that further expand its market 

opportunity. 

In June 2009 The Foundry announced a management buyout for an undisclosed sum 

led by Advent Venture Partners. Advent backed The Foundry’s management team, led 

by CEO Dr Bill Collis and the original founders. The Foundry is highly profitable and has 

roughly doubled in size between 2009 and 2010. 

Key Management Bill Collis Chief Executive Officer 

Simon Robinson Chief Scientist and Co-founder 

Karen Slatford Chairman 

Patrick Jocelyn Head of Global Sales 

Get in Touch bill@thefoundry.co.uk 

Website www.thefoundry.co.uk 


Wonga 

Nominated by Balderton Capital Management 

Dawn Capital 

Wonga is an online lender and one of the UK’s most innovative credit businesses. 

The company is different from other online lenders because its risk and decision 

engine means the application and approval process takes just minutes to complete. 

Wonga is a flexible short-term lender, allowing applicants to choose exactly how 

much cash they want to borrow and for how many days they need it. Wonga 

customers needn’t borrow a fixed sum they might not require or pay interest for 

any longer than necessary. Wonga offers short term loans of between five days and 

a month and makes a profit when customers repay, not by continually extending a 

growing line of credit. 

The company, based in London, launched its first website in October 2007. 

Key Management Errol Damelin Chief Executive Officer 

Get in Touch errol.damelin@wonga.com 

Website www.wonga.com 


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Zoopla 

Nominated by Octopus Ventures 

Zoopla Ltd, through its website Zoopla.co.uk, provides a free data resource for 

anyone interested in the UK property market. It lists every residential property in 

the UK and allows all users to find out what the current value of a property is, what 

a property has recently sold for, whether a property is for sale, what the neighbours 

say about their area, and much more besides. All of this information is free. Unlike 

most other property websites, Zoopla’s website is interactive and addresses the 

whole market (not just the four per cent. of properties currently on sale). Users 

can share their knowledge of a property, add photos, ask questions, and provide 

feedback as well as listing homes for sale and or signalling a price to the market that 

might tempt them to sell. 

Key Management Alex Chesterman Chief Executive Officer 

Doug Monro Chief Operating Officer 

Simon Kain Chief Technical Officer 

Get in Touch alex.chesterman@zoopla.co.uk 

Website www.zoopla.co.uk 


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Covestor 


Covestor is a pioneer of Social Investing which allows members of its online 

community to mirror the real transactions of successful investors in a secure 

environment. This has opened up the traditional fund management services to a 

wider public, providing members with thousands of investment strategies to follow 

at very low fees rather than having to rely on the services of expensive, professional 

fund managers. 

Alternatively members can build their own verifiable track record which others can 

follow and thereby generate income. Founded in 2006, Covestor is now the world’s 

largest on-line money management platform and has offices in both London and 

new york. 

Key Management Perry Blacher Co-founder and CEO 

Rikki Tahta Co-founder and Chairman 

Simon Veingard Co-founder and COO 


Website www.covestor.com 


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Halo Insurance 


Halo Insurance is a specialist provider of hire car excess protection insurance. 

Excess insurance is an additional policy, which protects you from the ‘excess’ costs 

you would otherwise have to pay if your hire car were damaged or stolen. Halo 

provides a cheaper alternative to insurance excess waivers offered at car rental 

desks worldwide. 

Halo offers excess protection for car hire users worldwide as well as more 

comprehensive cover including Collision Damage Waiver and Supplemental Liability 

Insurance for car hire within the USA and Canada. 

Halo Insurance Services trades as iCarhireinsurance.com and all Halo Insurance 

policies are sold through their website www.iCarhireinsurance.com. Products 

include Excess Europe, Excess Worldwide, USA and Canada, Worldwide Plus. 

Policies start from £2.99 per day for European cover. Annual policies are available 

from £39.99 for multiple trips or hires longer than 14 days. 

Key Management Alistair Tillen Chairman 

Ernesto Suarez CEO 

Get in Touch ernesto@haloinsurance.com 

Website www.icarhireinsurance.com 


iiPAY 


iiPAy, also known as Integrated International Payroll Limited, is an integrated payroll 

solutions provider to multi-national and mid-sized corporations globally. 

The company’s cutting-edge technologies offer advanced solutions for simplifying, 

standardising and consolidating organisations’ payrolls worldwide. For customers 

like P&O with complex international payroll requirements, iiPay is currently servicing 

payrolls throughout Europe as well as processing the client’s multi-jurisdictional 

seafarers payroll. 

iiPAy now provides service in more than 80 countries worldwide and in over 40 

currencies. Since MMC’s initial investment in 2005, the business has experienced 

a compound annual growth rate of 106% between 2006 and 2009 and is now 

recognised as a marker leader. 

The iiPAy system is ideally suited to companies with large and/or complex 

international payroll requirements that cannot readily be met by standard payroll 

systems, which by their nature, can usually only cope with their own jurisdiction. 

Being platform independent and specifically designed to process payroll data only, 

it can be implemented quickly and easily and sits alongside traditional ERP systems. 

Its strength is that it can be easily configured and implemented as a single common 

solution to disparate or complex payroll requirements. iiPAy has established payroll 

bureaux in the UK and US that provide fully managed international payroll services 

and consultancy utilising the iiPAy platform. 

Key Management John Cassie Chief Executive Officer 

Get in Touch john.cassie@iipay.com 

Website www.iipay.com 



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Neverfail Group 


Fidelity growth Partners Europe 

Eliminating User Downtime: market leading software solutions that combine 

automation, application aware monitoring and replication to deliver high availability 

and disaster resilience: Continuous availability from neverfail - the intelligent way to 

avoid application downtime. 

Key Management Peter Parker CEO 

Get in Touch pparker@neverfailgroup.com 

Website www.neverfailgroup.com 


Nomad Payments Limited 


The company, originally called nomad Software Limited, started as a developer 

and supplier of banking payment systems based on traditional magnetic cards 

and newer technology such as smart cards. Its product CORTEX commanded a 

significant customer base, primarily in Central and Eastern Europe and the Middle 

East, and enjoyed a market leadership position in Poland and the Baltic States. 

Later, the company repositioned its business, with the benefit of strategic input 

from the then Quester investment manager responsible (now SPARK Ventures), 

to build on a technical advantage that it had developed in the processing of 

transactions for UK debit card and prepaid credit card issuers. The company is now 

the leading processor in Europe for pre-paid cards. 

It was nomad’s development of a leading position in this area that attracted the 

interest of a number of potential acquirers. A trade sale to the U.S. banking and 

payments technology company Metavante Technologies, Inc. was successfully 

completed in January 2008. The company now trades under the name Metavante 

Technologies Limited. 

The company was originally backed by the Quester (now SPARK Ventures) funds in 

2000 and supported in a series of follow-on rounds in 2001, 2004, 2006 and 2007. 

Key Management John Yeomans Director Card Services EMEA 

Get in Touch john.yeomans@fisglobal.com 

Website www.fisglobal.com 



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OB 10 

Nominated by FF&P Private Equity Limited 

OB10’s major focus is to route invoices electronically, taking data from any supplier, in 

their preferred format, from whatever their accounting system, and delivering it to any 

buyer in their chosen format, whatever their accounting system, completely removing 

the need for paper documents or manual processing. This is achieved without the 

need for additional software or hardware at either the buyer or supplier’s end, ensuring 

maximum participation and minimum change management. In effect, OB10 delivers 

the invoice from the supplier’s billing system in to the buyer’s payables system, with 

no paper or human intervention. The system processes transactions (not files), has a 

hierarchy of rules for checking data compliance at country, buyer and supplier levels, 

features a range of alerts and notifications, and creates images of the invoice which can 

be digitally signed where country-specific tax legislation requires it eg germany. The 

service provides legal compliance in multiple jurisdictions for both domestic and crossborder 

transactions in respect of VAT, sales and other taxes, and where appropriate with 

other local commercial laws. 

Over the most recent 2-3 years, additional services have been added including a range 

of Purchase Order services, an Invoice Status Check, which enables a supplier to see 

at what stage in the buyer’s payment cycle their invoice resides, plus an Invoice Data 

Capture Service which guarantees to a large buyer that they will receive 100% of their 

invoices via OB10. The business has grown organically throughout its ten year existence, 

and now, having proven its economic model, with a current sales footprint in UK, US, 

germany and netherlands, cash breakeven achieved and full profitability imminent, 

accelerated expansion through M&A (to increase geographic reach and further expand 

product range) awaits as market conditions improve and this still early stage market 

moves towards its mainstream phase of life. 

Key Management Jamie Gunn CEO 

Robin Wooldridge CFO 

Get in Touch jamie.gunn@ob10.com 

Website www.ob10.com 


Omprompt 

Nominated by Shackleton Ventures 

OmPrompt has a unique messaging technology that converts any message 

type into any other type, including the sorts of message read by ERP systems. 

Applications of OmPrompt’s system include for example order-taking 

and logistics management departments, where OmPrompt’s system will 

automatically read and transmit voice or fax messages, rather than having 

teams of people with associated cost and risk of error through re-keying data. 

Released from the constraints of formats and devices, companies can engage 

faster and more flexibly, to realise value earlier with reduced risk and disruption. 

With total visibility over their extended supply chains, OmPrompt’s customers 

benefit from streamlined business processes, reduced costs, improved 

operational efficiencies, simplified IT infrastructure and enhanced customer 

satisfaction - all helping to solve real business problems, drive efficiencies and 

improve profitability. 

Key Management John Wakeman CEO 

Simon Granger CFO 

Get in Touch johnwakeman@omprompt.com 

simongranger@omprompt.com 

Website www.omprompt.com 



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REDTRAY Ltd 

Nominated by Jon Moulton 

REDTRAy is the UK’s largest and most successful true blended learning provider and 

the trusted partner of many FTSE 250 organisations. Founded in 2001, REDTRAy 

has experienced rapid growth over the past 9 years by providing a superior service 

to its clients. 

REDTRAy’s superior learning solutions have become increasingly valuable as both 

public and private sector experience constrained learning and development 

budgets. Large organisations are increasingly relying on technology to drive 

business growth and achieve more for less. 

REDTRAy clients benefit from up to a 50 percent reduction in training costs, by 

using a combination of leading edge technology and training industry know-how 

to deliver efficient outsourced training solutions. Receiving venture capital from Jon 

Moulton has enabled REDTRAy to meet market demands and increase its portfolio 

of learning solutions. Its continued growth has been recognised by featuring twice 

in the Deloitte Technology Fast 50 UK awards, thanks to a compounding annual 

growth rate of 2056% in 2008 followed by a growth rate of 999% in 2009. 

Our learning portfolio has diversified to cover all aspects of training enabling us to 

offer clients a single point of contact for all enterprise wide training needs; from 

face to face classroom training, virtual classrooms and webinars to managed 

training services and e-learning, all of which can be hosted on our innovative online 

learning management portal, ALTO. 

Key Management Robert Woodland CEO & Chairman 

Get in Touch Marianne Falconer Marketing Executive 

marianne.falconer@redtray.co.uk 

Website www.redtray.co.uk 


SalesPush 

Nominated by Aspiration Capital 

Management 

SalesPush is a company which helps users develop a more cost-effective customer 

relationship management system. Using SalesPush technology, users can see where 

their best leads originate from and which campaigns, media and other strategies 

are most effective. 

Real-time and comprehensive visibility into market data puts SalesPush customers 

in control of the entire sales process, from cold leads to conversion, which can help 

radically improve sales performance. SalesPush also helps users to identify where 

the faults lie and attention is needed. Being able to spot where intervention is 

needed and to identify wider weaknesses immediately improves the quality of sales 

management. 

Key Management Mark Donkin Managing Director 

Get in Touch Contact via the website 

Website www.salespush.com 



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Small World Financial Services 


Small World is a pan-European family of ethnically-focused financial services 

businesses. Targeting Europe’s 36 million-strong community of foreign-born 

migrant workers, Small World and its subsidiaries provide their growing customer 

base with cost effective, quick and dependable services for international 

money transfer, cheque cashing, bureau de change and prepaid debit cards. 

Headquartered in London, the group trades across 8 European countries. 

Consolidating the highly fragmented European consumer money transfer sector, 

Small World has created a mid-market financial services group on an integrated 

platform and is servicing a customer base uniquely difficult to access. The group 

has deployed the industry’s most flexible and functionally rich transactional system, 

fully integrated with hundreds of international partner organizations. It is now 

poised to capitalize on its success by rolling out additional products and services, as 

well as replicating its buy and build model into further European territories. 

In addition to their long-held expertise in the traditional ‘bricks and mortar’ money 

transfer business of servicing cash-based customers, Small World is developing 

‘Small World Online’ and creating a ‘Mobile Money Superhighway’ to provide 

mobile operators around the world with a ‘fast-track’ solution for immediate global 

mobile money transfer and international prepay phone top-up to over 30 strategic 

country corridors. 

Key Management Nick Day Managing Director 

Get in Touch nick.day@smallworldfs.com 

Website www.smallworldfs.com 


Thomsons Online Benefits 

Nominated by Pi Capital 

Thomsons Online Benefits helps businesses maximise the value of their reward 

package for employees by combining consulting, communication and technology. 

The company’s target customers are those companies which are reviewing their 

reward strategy, implementing flexible benefits, changing their pension scheme, or 

looking for technology to reduce their benefit administration. 

In 2009 Thomsons Online Benefits generated revenue of £16 million with a 

compound growth rate over the last 5 years of over 34%. Profits have also seen 

similar growth over the same period of time. 

Pi Capital invested £2.75m in December 2004, and in the four years leading up 

to 2008, both revenues and EBIT increased by a factor of more than 6 times and 

employee numbers grew substantially. The business is an example of a relatively 

young UK head-quartered company that is thriving globally. 

Key Management Chris Bruce Managing Director 

Get in Touch press@thomsons.com 

Website www.thomsons.com 



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VC-Net 


VC-net was founded in 2000, to address the need to integrate video conferencing 

products with existing voice and data network infrastructures. Since then, VC-net 

has continued to attract companies who want to use one supplier to bridge the 

video network gap; offering a service level agreement that spans all work, from 

initial concept through to post-sales support. VC-net has built up a significant 

list of blue chip customers from the banking and finance, construction and retail 

industries. 

MMC Ventures has backed the business from early concept stage in 2001 and 

since then sales have grown at more than 20% per annum. VC-net’s focus on 

video managed services – a fully outsourced video conferencing service - will 

enhance its position in this growing marketplace. 

Key Management Chris Wade Executive Chairman 

Get in Touch cwade@vc-net.net 

Website www.vc-net.net 


VirtenSys 


VirtenSys is an IT data centre systems company designing and selling PCI Express 

I/O virtualisation switches. The company’s advanced switch technology enables 

data centres to build racks of servers which require 50% fewer cables use 30% 

less electricity and are as much as 50% cheaper to build. The market for these 

infrastructure switches is expected to reach over $4bn per annum. 

Virtensys is based in Manchester UK, and Portland, Oregon, USA. The company was 

spun-out of nasdaq quoted Xyratex Inc in 2005 and is now recognised as being a 

leader in its market. Over £30m has been invested in its advanced PCI Switch which 

is protected by over 30 patents. 

VirtenSys solutions have revolutionized how Input/Output (I/O) infrastructure is 

deployed and used in data centres and the company’s I/O virtualization products 

can be utilized without disruption to existing servers and networks, protecting 

previous IT infrastructure investments. 

The switch has just been launched by nEC in Japan and is newly available under 

the “Virtensys” brand around world via system integrators. The company is working 

with the majority of the large server vendors to launch OEM branded product in the 

US, Europe and Asia over the next 12 months. 

Key Management Ahmet Houssein President & Chief Executive Officer (US) 

Marek Piekarski Chief Technical Officer (UK) 

Get in Touch info@virtensys.com 

Website www.virtensys.com 



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Zinwave 


Zinwave is a global technology company based in the UK with offices in USA that 

has pioneered a new approach for multi-service in-building wireless coverage, 

through use of its patented technology. This technology developed from a research 

project initiated at Cambridge University and University College London. The 

Zinwave 3000 is the only True Wideband active Distributed Antenna System (DAS) 

on the market, covering all services between 150MHz and 2700MHz on one system. 

Traditional DAS utilize frequency and service specific hardware which lengthens 

and complicates the design and install process whilst increasing cost. The Zinwave 

3000 provides a highly cost effective multi-service, multi-carrier solution over a 

single hardware infrastructure that can be quickly and efficiently deployed and easily 

provisioned to allow for future service additions. 

Zinwave has a highly experienced RF planning, program management and execution 

team with extensive experience in all parts of the wireless industry and international 

telecoms markets. Sales activity is global with a strong presence across four 

continents. Relationships have been established with major well known partners and 

system integrators. Installations to date include those in the healthcare, industrial, 

public venue, enterprise & corporate and education vertical markets including high 

profile installations in the Holocaust Museum in Washington and the Pebble Beach 

golf Club in California. 

The active DAS market in terms of equipment sales is currently estimated to be 

worth around $400m with industry analysts expecting a CAgR of over 20% between 

2008 and 2014. 

Key Management Jonathan Paget Chief Executive Officer and President 

Get in Touch enquiries@zinwave.com 

Website www.zinwave.com 


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Bloxx Ltd 

Nominated by Braveheart Ventures 

Founded in 1999, Bloxx has expanded to a multimillion pound operation with 

products sold in Europe and north America.. 

Bloxx is an award-winning web filtering company that has developed novel 

approaches to prevent inappropriate use of the web by employees. 

Bloxx’s Tru-View technology uses patented technology to analyse and categorise 

web pages quicker and more accurately than other web filters. By using advanced 

intelligent identification and analysis techniques, Tru-View provides instant 

classification of web content as soon as it is accessed, which helps organisations 

proactively manage users’ access to web content which otherwise might lower 

productivity, expose the organisation to risk and liability or pose a network security 

threat. Over 1.5 million users from an impressive customer list already benefit from 

enhanced security and performance. 

Key Management Eamonn Doyle Chief Executive Officer 

Get in Touch edoyle@bloxx.com 

Website www.bloxx.com 


InFORMATIOn TECHnOLOgy 

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CamSemi 

Nominated by DFJEsprit 

SEP 

CamSemi is a fabless semiconductor business providing silicon chips which 

are used in AC/DC power supplies for consumer devices such as mobile phone 

chargers, wireless routers, set top boxes and low voltage lighting applications. The 

company was listed by EE Times in its list of ’10 Startups to Watch in 2009’ and was 

a spin out from the University of Cambridge. 

CamSemi was founded to bring to market the next generation of power 

management chips which are at the leading edge of new energy efficiency rules 

and device performance. These products offer the combination of smaller form 

factor with highest levels of energy efficiency. 

SEP has been a lead investor in CamSemi and has played a key role in its strategic 

development and the transition from a spin out with promising technology to 

one of the leading players today in the AC/DC power conversion market. The 

company’s initial products are focused on the mobile phone charger market. 

CamSemi has now shipped in excess of 50 million chips and is currently 

experiencing significant year on year growth in revenues. 

Key Management David Baillie Chief Executive Officer 


Website www.camsemi.com 


Celona Technologies 


Celona is the leading provider of Application Data Migration software specifically 

developed for organisations who are managing complex application migrations 

driven by transformation, or who are modernising their legacy systems and 

applications to optimise efficiency, customer focus and costs. 

Celona Evolve is the software platform of choice for organisations who want to 

remove application data migration from the critical path, that require a businesscentric 

application data migration approach which lowers risk and costs with full 

compliance, in the shortest timeframes. The company is headquartered in London 

and has a worldwide customer base. 

Key Management Bryan Taylor Chairman 

Charles Andrews CEO 

Andy Warren CFO 

Get in Touch charles.andrews@celona.com 

Website www.celona.com 



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Consilium Technologies Ltd. 


Consilium Technologies has become one of the leading suppliers of IT solutions, 

assisted by a 20 year track record of providing innovative software to local 

government and social housing bodies among others in a well established 

customer base. 

With offices in Atlanta, Boston, Belfast, London and Manila, Consilium Technologies 

is a leader in the delivery of mobile software applications. The company is currently 

experiencing growth opportunities in the USA where the delivery of public services 

is still predominantly paper-based. 

Key Management Colin Reid Chief Technical Officer 

Get in Touch colin.reid@ctechs.co.uk 

Website www.ctechs.co.uk 


Control Circle 


Control Circle Limited (“CCL”) is an established business based in the Docklands. 

The business designs, implements and manages complex IT hardware 

infrastructure and software applications for customers’ mission critical systems 

on three to five year contracts. Key to their success has been offering a complete 

service from arranging data centre space, managing the connectivity, providing 

“On Demand” storage and backup facilities, building “Private Clouds”, as well as 

providing the specialist hardware and application monitoring on a 24hr, 7 days a 

week basis. The company support client systems in Data Centres in Europe, the US 

and Asia. 

The business has won numerous UK and European data centre awards. CCL 

operates in a market which is worth over $9bn per annum and CCL are ideally 

placed to capitalise on a market shift towards providing a fully managed service 

solution at the expense of a number of competitors, who can only offer one 

functional solution. All its customers are hosted in purpose built internet data 

centres which provide specialist power, cooling and security. 

CCL’s customers include some of the UK’s leading on-line businesses, such as 

Rightmove, Confetti, Akamai, Betfair, Sega games and corporates such as KPMg, RR 

Donnelley, national grid, and World-Check. 

Key Management Damain Milkins Founder and CEO 

Simon Hancock Founder and CFO 

Get in Touch sales@controlcircle.com 

Website www.controlcircle.com 



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Forth Dimension Displays 

Nominated by Amadeus Capital Partners 

Doughty Hanson 

Forth Dimension Displays is a high–resolution near-to-eye (nTE) micro-display 

supplier. 

The company provides a wide range of microdisplay solutions optimised for the 

best performance in demanding nTE applications. Its fast, all digital, software 

configured, technology delivers high quality, full colour, images on a single high 

resolution micro-display. 

Forth Dimension Displays’ products and technical services are backed by an 

approved microdisplay design and manufacturing site which includes a microdisplay 

fab and supporting assembly and test facilities. The company is privately 

owned and focused on organic growth. 

Based in Dalgety Bay, Fife, Scotland, Forth Dimension Displays also has offices in the 

US, Europe and Asia. The company was formed as CRLO Displays Ltd. in September 

2004. 

Key Management Greg Truman Chief Executive Officer 

Get in Touch acraig@forthdd.com 

Website www.forthdd.com 


Freerunner 


Freerunner enables consumers to get free broadband access in underserved 

and digitally remote areas of the UK by installing free-to-use access points in 

both public and commercial venues of any size. 

The company’s objective is to readdress the balance between big brand venues 

and those areas that are currently significantly underserved. 

Freerunner will provide the service completely free of charge to communityoriented 

venues. In commercial venues, such as coffee shops and pubs, the 

free access will be largely funded by the venue and its partners. The advantage 

for commercial venues is that they pay for the service at just a third of the 

current rate set by other operators. All venues will be able to take advantage of 

Freerunner’s advanced software allowing them to filter internet content to suit 

customer needs. 

Based on Open Source technology, the Freerunner network represents an 

evolution in Wifi. It has a distributed network architecture, no data centres 

and therefore no single point of failure ensuring maximum reliability, a faster 

connection and a low operating cost. 

Key Management Owen Geddes Chief Executive Officer 

Get in Touch owen.geddes@freerunnernet.com 

Website www.freerunr.com 



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Gigle 


gigle networks is a fabless semiconductor company based in the UK, Spain and 

US. They have developed a class leading very low cost, single chip solution which 

enables consumers to connect electronic devices such as routers, set-tops boxes 

and televisions around the home using existing mains (“Power-line”), coax or 

phone lines rather than having to install new cables. Moreover, the “Any wire” 

technology can be integrated with Wi-Fi systems to make them easier to configure 

and the home coverage more reliable as part of a self configuring whole home 

network. 

gigle networks “Anywire” technology makes multi-media networking reliable, costeffective, 

and self-installing. This enables the easy delivery and distribution of highdefinition 

content and services around the home. The market for this technology is 

currently over $200m per annum and is forecast to grow beyond $1bn per annum. 

gigle launched its first chip in the summer of 2009 has already achieved a major 

commercial milestone with the launch of the world’s first gigabit Power-line 

product by networking specialist Belkin. Since then products using the chip have 

been launched by numerous other brands including netgear. 

gigle is very well-placed for growth as demand for high-speed multi-media 

networking solutions is increasing on the back of the rising popularity of online 

gaming, picture storage and internet music and videos from the likes of Apple 

iTunes and BBC iPlayer. In addition, as home networks become more complex, 

automatic network configuration will become critical. 

Key Management Juan Carlos Riveiro President & Chief Executive Officer 


Website www.giglenetworks.com 


Gnodal 


gnodal was founded in 2008 by a world-class team of infrastructure design 

experts with a proven track record of delivering systems to the most demanding 

customers. The team’s 20 years of experience, working together on design, 

manufacture and deployment, has led to the definition of a technology that will 

revolutionize the data center, delivering power efficiency, scalability and high 

performance. 

Key Management Will Leonard Chair 

Fred Homewood CEO 

Tony Ford COO 

Norman Fiore Managing Partner 

Get in Touch Matt Hatch VP Bus Dev and marketing 

0117 911 8408 

Website www.gnodal.com 



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76 

i-nexus 

Nominated by Antrak Capital 

i-nexus is a leading global organization providing on-demand software that helps 

organizations drive consistent execution of their business goals. 

The original i-nexus prototype was developed by Marconi Corporation (acquired 

by Ericsson in 2006) to manage its own performance improvement initiative. It was 

recognized that the solution presented an opportunity to extend well beyond one 

enterprise and it was launched into the market by Paul Docherty, who became a 

co-founder and the CEO of i-nexus. 

Today i-nexus has established itself as a leading expert in the discipline of Business 

Execution and is helping industry heavyweights such as Pfizer, nestle and Alstom to 

better execute their strategies and achieve their business objectives. The software 

has developed significantly since it was first launched nearly 10 years ago and is 

now the first web-based application to truly ‘close-the-loop’, and help executives 

in leading global organizations to align, mobilize and focus the efforts of many 

thousands of employees every day in pursuit of their goals. 

Key Management Paul Docherty Co-founder & Chief Executive Officer 

Rex Harrison Co-founder & Chief Financial Officer 

Get in Touch info@i-nexus.com 

Website www.i-nexus.co.uk 


Intamac Systems 


Intamac Systems is a platform provider for next generation interactive home 

broadband services. Intamac has developed a web-based platform to manage 

a new generation of intelligent household devices such as alarms, locks, 

cameras, electrical appliance and utility meters that are able to send and receive 

information wirelessly via a household’s broadband connection. 

Intamac’s platform provides a simple web interface which can be accessed via 

either a computer or a mobile phone to manage all these devices and deliver 

innovative new services such as home monitoring and energy management. 

Key Management Geoffrey Finlay Chairman 

Kevin Meagher CEO 

Get in Touch kmeagher@intamac.com 

Website www.intamac.com 



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Lagan 


Lagan is a software company which has developed a suite of scalable, costeffective 

enterprise software solutions used by more than 180 government 

agencies worldwide. As a result, over 40 million citizens around the world are 

supported by Lagan solutions. 

Lagan’s product, Enterprise Case Management (ECM) has been designed to 

streamline the service delivery functions of government, enabling improved 

efficiency and more citizen-centric, joined-up public services. Lagan ECM manages 

the interactions between citizens and government and provides full support for 

a wide variety of government service delivery processes. The ECM approach 

addresses all tiers of government including local, regional, central government and 

the wider public sector. 

Lagan ECM can be easily integrated into existing technology environments and is 

highly configurable – by partners, customers or Lagan – meaning that there is no 

need for any coding or specialist technical skills. This enables rapid implementation 

and quick system changes, keeping costs low. 

Key Management Des Speed Chief Executive Officer 

Jeff Wylie Chief Financial Officer 

Get in Touch Laura_nelson@lagan.com 

Website www.lagan.com 


Nomad 


nomad is a leading provider of data communications in the transportation sector. 

With low-cost, high speed data network capabilities, nomad offers a variety of 

enhanced services to improve communication and monitoring of fleets. The 

company’s specialist knowledge and experienced technical personnel means 

that they can offer a wider range of solutions enabled for on board services and 

applications, including passenger Wifi, entertainment and content, as well as real 

time CCTV and ticketing. 

Key Management Graeme Lowdon Chief Executive Officer 


Website www.uknomad.com 



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Nujira 


nujira is a developer of super high efficiency power amplifiers’ modulators for 

mobile base stations, digital broadcasting equipment and handsets. 

nujira’s High Accuracy Envelope Tracking Power Modulators enable equipment 

vendors to design flexible, power-efficient, small, cheap base stations and 

transmitters that meet the increasingly demanding needs of operators and 

broadcasters worldwide of more power efficient transmission and access 

equipment. 

For cellular handsets, nujira is working in partnership with established radio 

frequency subsystem vendors to enable the design of cost-effective multi-mode, 

multi-band handsets with extended battery life. 

Key Management Tim Haynes Chief Executive Officer 


Website www.nujira.com 


RainStor Inc 

Nominated by Doughty Hanson 

RainStor is an infrastructure software company that provides the leading repository 

for retaining historical structured data. The company enables its partners to deliver 

online data retention solutions that reduce the cost and complexity of preserving 

information in the enterprise and the cloud. 

All companies are keeping larger volumes of data for longer periods to satisfy 

business and regulatory demands. The inactive structured data held within 

application databases, data warehouses or log files is growing uncontrollably. In 

the current economic and regulatory climate, CIO’s are focusing on reducing the 

burden and spiralling cost of preserving this historical information 

RainStor provides a specialized data repository that allows companies to simply, 

securely and cost effectively preserve structured data in their data centre, or in the 

cloud. The RainStor software delivers extreme data compression, typically 40:1, 

while keeping archived data easily accessible using industry standard reporting or 

BI tools and is uniquely designed to provide complete control over the retained 

data including auto-purge at the most granular record level. In addition, the data 

repository is autonomic requiring no design, tuning or maintenance. The software 

has been designed to leverage commodity servers and storage, delivering low-cost 

scalability and performance. 

RainStor was founded in 2004 and has received funding from Doughty Hanson, 

Storm Ventures, Dow Investments and Informatica. The company’s headquarters 

are in San Francisco, CA and the engineering team is located in gloucester, UK. 

Key Management John Bantleman Chief Executive Officer 

Jamie Andrews Chief Financial Officer 

Get in Touch deirdre.mahon@rainstor.com 

Website www.rainstor.com 



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Tinglobal 


Tinglobal buys, refurbishes and sells used mid-range computer and networking 

equipment. 

The company works with hardware manufacturers, maintainers, resellers, 

outsourcing companies and traders across the globe and has become an integral 

part of the overall supply chain. 

Remarketing of hardware allows Tinglobal clients to maximize their return-oninvestment 

from IT investments. The company provides strong technical advice, 

coupled with a high standard of engineering and logistics. 

The company has an international customer base and has enjoyed solid revenue 

and profit growth in recent years. Tinglobal, previously a 3i company, is now 

actively supported by Shackleton Ventures. 

Key Management Rod Haddrell Chief Executive Officer 

Get in Touch David Gutteridge davidg@tinglobal.com 

Website www.tinglobal.com 


XMOS 


Amadeus Capital Partners 

XMOS is a fabless semiconductor company that has developed a unique 

microprocessor architecture that delivers the flexibility and configurability of 

software to hardware systems and at a low cost and power consumption. XMOS 

processors allow complete systems to be implemented in software using interface, 

DSP, and control code. 

Designs, including USB, Ethernet, and SD-RAM controllers, are available in an everexpanding 

library of open source code. Free to download, the XMOS development 

tools are supported by a vibrant community of digital designers and software 

engineers. 

XMOS is based in Bristol, UK, California, USA, and Chennai, India with sales offices 

and representatives across the world. 

Key Management James Foster Chief Executive Officer 

Get in Touch Sally Doherty sally@xmos.com 

Website www.xmos.com 



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Yuuguu Limited 


yuuguu provides software to allow users to share their computer remotely. yuuguu 

(from the Japanese word for fusion) was founded by colleagues Anish Kapoor 

and Philip Hemsted who became frustrated by the challenge of working together 

remotely and not being able to see or share each other’s computer screens in real 

time. 

yuuguu was established as a solution to help people work together remotely, 

through any firewall, across different platforms, with as many colleagues as needed, 

just as if they were sitting right next to each other. 

The company’s vision stretches far beyond the world of work. yuuguu’s unique, 

easy to install features can give anybody the freedom to be together, whether at 

work or play, even when they’re not. 

Enterprise Ventures’ RisingStars growth Fund first invested in the company in 

October 2006. 

Key Management Anish Kapoor Chief Executive Officer & Co-Founder 

Alastair Walmsley Director of Finance 

Get in Touch anish.kapoor@yuuguu.com 

Website www.yuuguu.co.uk 


Zeus 


SEP 

Zeus is a software company based in Cambridge, UK and Mountain View, 

California. It develops and sells highly optimized internet and cloud infrastructure 

software which enables web site owners to visualize, manipulate and balance the 

flow of traffic to their web-enabled applications. The company’s software helps 

to ensure a consistently robust web site performance and customer experience, 

particularly at times of high traffic volumes to the site. 

The company provides the competitive advantage businesses need by making 

their online services faster, more reliable, more secure and easier to manage. Zeus 

software can be deployed on industry standard hardware, virtual machines and any 

cloud platform. On these standard platforms the company’s application manager 

has the highest performance in the market. Since SEP’s investment Zeus has grown 

revenue quickly and has become consistently profitable in what is a significant and 

growing market. 

Zeus holds strategic partnerships with world-class companies such as Amazon and 

VMware. Zeus powers a large number of the highest profile sites across the world 

including the BBC, ITV, Play.com, BT, gilt groupe, Skyscanner and Disney.com 

Key Management Paul Brennan Chief Executive Officer 


Website www.zeus.com 



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aiHit Ltd 


aiHit sells data about companies to the business information, financial and lead 

generation industries. We specialize in collecting company information from the 

World Wide Web. Every day, we crawl through hundreds of millions of websites, 

collecting information on companies. In addition, we process thousands of 

news sources for company information and analyse the sentiment contained in 

these stories. This results in timely, rich information on a broad range of over 8m 

privately-owned companies as well as publicly-listed companies. Our customers use 

our data to keep up to date, enrich and expand their own databases. This enables 

them to offer improved and expanded solutions. Business information customers 

use our data to add missing fields to their products, and to keep manually collected 

data up to date. Lead generation, e-marketing providers, as well as list brokers use 

our data to have more lists on offer, increase the specificity of their existing lists, 

and increase the total number of contacts that can be marketed. Market research 

firms use our data to enrich their ability to analyze industry segmentation at a 

highly granular level. We are also licensing our software to partners in adjacent 

market segments, such as media monitoring or document categorization. 

Automatically creating company information from a vast number of unstructured 

sources, such as websites, is difficult to do. We can do it, because of our deep 

expertise in Artificial Intelligence (AI) and Machine Learning (ML). Hence our name 

aiHit: using A.I. to get the data that you need. 

Key Management Jens Lapinski Co-founder and CEO 

Eric Sandler Co-founder and CTO 

Alan Hambrook Co-founder & Non-executive Chairman 

Get in Touch Jens Lapinski +44 (0) 207 485 3294 

Website www.aihit.com 


InTELLIgEnCE & SECURITy 

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90 

Cognitive Match 

Nominated by Dawn Capital 

Cognitive Match uses the latest advances in artificial intelligence, learning 

mathematics, psychology and semantic technologies to match people with online 

content such as products, offers, editorial or creative executions. 

This matching stimulates higher rates of response and/or purchase and ultimately, 

profit. Cognitive Match is also applying its matching engine to a range of clients in 

several industry areas. 

Cognitive Match’s team combines the best brains in learning mathematics, artificial 

intelligence and cognitive science to build software solutions that will effectively 

create the ultimate search engine. 

Key Management Alex Kelleher Founder and Managing Director 

Glen Conybeare Co-founder and Commercial Director 

Get in Touch alex@cognitivematch.com 

Website www.cognitivematch.com 


CSL DualCom 

Nominated by Octopus Ventures 

CSL DualCom (“CSL”) is an award winning and market leading alarm signalling 

business operating in a highly regulated part of the security industry. CSL passes 

an alarm signal from commercial premises via its proprietary devices and signalling 

network to an Alarm Receiving Centre (“ARC”), which in turn is responsible for 

alerting the authorities and/or key holders where appropriate. CSL’s devices are 

“dual path” which meant that they provide signalling to the ARCs via a traditional 

telephone line as well as a wireless (gPRS / gSM) network. This dual path 

technology, which was invented by CSL, provides far greater security and has led 

to CSL’s products being approved and specified by every commercial property 

insurer in the UK. CSL generates its revenues by charging ARCs a connection fee 

for its devices in addition to annual airtime that is required to monitor, transmit and 

receive its data signals. In the last 3 years, CSL has doubled its connections base to 

circa 80,000 and is now the UK’s leading supplier of secure signalling intruder alarm 

devices for commercial premises. 

Key Management Phil Hollett Managing Director 

Simon Banks Commercial Director 

David Doble Finance Director 

Get in Touch Phil Hollett 

phil@csldual.com 

Website www.csldual.com 



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Durham Mag-Lev Ltd 


Durham Mag-Lev Ltd develops technology to improve aerodynamic testing of 

F1 cars. Mag-Lev uses a magnetic levitation system based on high temperature 

superconductors in wind tunnel tests rather than physical struts to produce data 

which is considerably more accurate due to there being no artificial supports to 

disrupt the air flow around the vehicle. 

The technology, as well as being used in F1, will also have a use in the road car 

sector as aerodynamics become increasingly important due to high oil prices and 

concerns over environmental impact. There are no other commercially available 

products on the market which utilise the same system as Durham Mag-Lev. The 

company has received venture capital backing from northStar Equity Investors and 

OnE north East. 

Key Management Dr Robert Muscroft Founder and Managing Director 

Get in Touch durhammaglevltd@uknetpark.net 

Website none 


Edenbrook Ltd 

Nominated by Elderstreet Capital Partners 

Edenbrook is an independent information technology consultancy that helps 

organisations to evaluate, select, and put in place advanced programmes designed 

to have a measurable effect on business efficiency. 

Edenbrook was venture capital backed at its inception in 2001 with £500k, with a 

further £1m made available to the company in 2005 to fund a small acquisition. 

The business was sold in April 2009 to Hitachi Consulting in an all cash transaction. 

Elderstreet Capital Partners share of the proceeds was £6.5m. This represents 

a multiple of 4 times cost and an IRR (internal rate of return) of 26% over the 8 

years that ECP held the investment. The transaction placed a value on Edenbrook 

of greater than 10x EBITDA which compares very favourably against market 

comparables. 

Key Management David Kilpatrick Managing Director 

Get in Touch jasmith@hitachiconsulting.com 

Website www.hitachiconsulting.com 



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Fizzback Group 


The Fizzback group is an innovator in customer engagement. Founded in 2004, 

the award winning Fizzback solution helps companies to listen, respond and act in 

real-time to their customers’ comments. 

Feedback captured at the point of experience from multiple channels is analysed 

automatically using a unique artificial intelligence engine, driving relevant responses, 

prompting company action and providing powerful insight into the voice of a 

previously silent majority. Fizzback enables businesses to derive true economic 

benefits by increasing customer lifetime value and positive word-of-mouth. 

High calibre clients have so far included T Mobile, Phones 4 U, The Carphone 

Warehouse, Tesco and Marks & Spencer. 

Key Management Rob Keve Chief Executive Officer 

Get in Touch info@fizzback.com 

Website www.fizzback.com 


Gambling Compliance 


gambling Compliance is a subscription based information service delivered daily to 

clients’ desktop via email alerts and a highly sophisticated website. 

The gambling Compliance team is made up of legal, regulatory and finance 

professionals who specialise in the gaming industry and provide an exclusive, high 

level and independent analysis of the global gaming market to their worldwide 

client base of more than 1000 top gaming executives, lawyers, financial institutions 

and regulatory bodies in over 60 countries. 

The company’s web site provides immediate access to more than 200 in-depth 

country, state, and provincial regulatory profiles from around the world and 

extensive analysis across all gaming sectors. 

gambling Compliance has also recently launched gambling Data, a specialist 

analytical database and research service providing clients with in-depth and 

accurate statistics to support market and competitor research and product 

development requirements. 

gambling Compliance was a semi finalist in the 2009 HSBC start up awards and has 

again been shortlisted as a semi finalist in 2010. 

gambling Compliance has offices in London, Washington and Sydney and employs 

30 people . 

Key Management Thea Dunnett Managing Director 

Get in Touch thea@gamblingcompliance.com 

Website www.gamblingcompliance.com 



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Garlik 


Doughty Hanson 

garlik has developed Web 3.0 search engine technology that finds all references 

to you and your personal data on the Web, in private databases and other data 

locations. Having assembled the data, garlik can provide a comprehensive report 

that highlights the extent the user is vulnerable to identity theft through the 

proliferation of his/her personal data. 

garlik was founded by Mike Harris, founding CEO of Egg plc, Tom Ilube, former Egg 

CIO and the former British Computer Society president Professor nigel Shadbolt. 

As the first company to develop a web-scale commercial application of semantic 

technology, garlik enables consumers to understand what information about them 

is in the public domain and manage their identities online. 

garlik has appointed a panel of world-class ID protection and technology experts 

to advise the business including Professor Wendy Hall CBE from the University of 

Southampton; Sir Tim Berners-Lee, the inventor of the World Wide Web; Simon 

Davies, director of Privacy International; and Daniel Cooper, renowned privacy 

lawyer with Covington & Burling. 

Key Management Mike Harris Chief Executive Officer 

Get in Touch Victoria Melville 

victoria@melvillecommunications.co.uk 

Website www.garlik.com 


IntelliQ Ltd 

Nominated by MTI Firms 

IntelliQ is a software company with powerful data-mining technology, which has 

application in Retail Forensic Data Analytics. Its current lead market is in Retail Profit 

Protection, where it has developed significant domain expertise and established 

a leading market position in Europe. The Problem: According to the global Retail 

Theft Barometer “shrinkage” costs UK Retailers $7.5bn per annum, approximately 

1.5% of Sales. The British Retail Theft Barometer estimates that “shrinkage” is 

equivalent to 24% of Operating Income. The Solution: IntelliQ’s RetailKey Loss 

Prevention is used by Loss Prevention analysts and officers to identify potential 

incidents of fraud, error and process failure which all contribute towards loss. It is 

quick to implement, analyses high volumes of transactions extremely quickly, allows 

for train of thought analysis; it can be integrated with any Point of Sale system; 

based on Oracle 10g and Microsoft SQL Server. The Company targets retailers with 

turnover in excess of $150m. Excluding the leading 5 FMCg retailers this is around 

175 UK retailers, of which IntelliQ currently serves just under 10%. The western 

European market opportunity in retail profit protection is 5 times that of the UK, 

and the US market 13 times. The Company reaches customers through its own 

sales force, through resellers and agents. The customer is invited to undertake a 

Data Challenge, for free, by providing three months of point of sale data to IntelliQ. 

The Company’s analysts perform a partial transformation, run a limited number of 

simple queries, and report on instances of fraud within the customer’s business. 

Specific cases and modus operandi are presented to the customer’s CFO, Loss 

Prevention Officer, and CTO during a workshop. A compelling case for deployment 

and therefore purchase is easily made. 

Key Management Malcolm Peden CEO 

Philip Payne Director of Operations 

Get in Touch malcolm.peden@intelliq.com 

Website www.IntelliQ.com 



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98 

Metaforic 

Nominated by Pentech VC 

Metaforic is a digital security firm that has developed anti-hacking products 

to protect software applications, digital rights management systems, client 

applications and license management systems. 

Headquartered in glasgow, Scotland, with offices in San Jose, California, Metaforic 

was founded in 2006 by industry veterans Andrew McLennan, Linda MacKellar and 

neil Stewart. 

Metaforic’s main product, MetaFortress, armours applications from the inside 

out, preventing and protecting against all forms of tampering, piracy and the 

most sophisticated hacking attacks. Metaforic’s software is easy to use and offers 

extreme protection with a near to zero performance impact. 

Key Management Andrew McLennan Chief Executive Officer 

Linda MacKellar Chief Operating Officer 

Neil Stewart Chief Technical Officer 


Website www.metaforic.com 


Nanosight 


nanoSight develop and supply scientific instruments to academic and 

commercial customers. These instruments provide unique information which 

powers development of many nanotechnologies, including applications in 

pharmaceuticals, vaccines and biomarker detection. 

Founded in 2002, nanoSight has more than 250 systems installed worldwide. 

nanosight is working with Oxford University on a project funded by the 

Wellcome Trust to identify thrombosis diseases and cancer at a very early stage. 

Sales are 85% export and growing rapidly; they grew 70% in 2008, doubled in 

2009 and are on track for further rapid growth in 2010. 

The company is backed by Shackleton Ventures, SW Ventures and angel 

investors. 

Key Management John Knowles Chairman 

Jeremy Warren CEO 

Get in Touch Johnknowles1@btinternet.com 

jeremy.warren@nanosight.co.uk 

Website www.nanosightuk.co.uk 



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TestPlant 


Testplant has developed some unique software that automates the process 

for testing other software products. Software testing entails running a series 

of diagnostic tests on a new piece of software. These tests are designed to try 

and help identify any defects (commonly referred to as ‘bugs’) that might have 

erroneously been created during the process of building a new piece of software. 

given that software bugs cost the US economy alone up to $60 billion annually, 

finding more effective means of testing software is an imperative for the $200 

billion global software industry. 

By automating important elements of the testing process, Testplant’s technology 

provides a solution to some of these issues. Testplant does this by mimicking the 

actions of an end user, enabling it to test software through the end user interface. 

This is fundamentally different from most forms of software testing, which rely 

upon testing the software’s underlying code. To date, only a small proportion 

(c.20%) of all software testing is automated. The remainder (c.80%) has to be 

tested manually - a slow, laborious and expensive process. Because Testplant tests 

software through the user interface, it essentially replicates the actions of someone 

doing manual tests. Consequently, for the first time, highly manual elements of the 

software testing process can now be automated, reducing the time taken to test 

new software products but up to 80%. 

Key Management Jon Richards Chairman 

George Mackintosh Chief Executive Officer 

Get in Touch george.mackintosh@testplant.com 

Website www.testplant.com 


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City Screen Cinemas 

Nominated by Albion Ventures 

City Screen is a leading art house cinema operator, operating nineteen cinemas, 

mainly in university cities and also providing programming services for various 

other cinemas groups. 

City Screen was formed in 1989 to challenge the multiplex cinema model and 

provide cinemas that serve their communities in city centre locations. It is now the 

leading independent cinema operator and the fifth largest cinema group overall in 

the UK. 

The company’s main focus has been on independent and art-house films. It 

develops stylish venues with a strong food and beverage offer. Each of the cinemas 

is programmed in response to its local audience, and most of venues also show 

mainstream blockbusters and quality crossover titles. 

City Screen opened its first custom-built cinema, Clapham Picturehouse and 

since then has grown steadily through a mixture of new builds and acquisitions, 

particularly in university cities such as Oxford, Cambridge, London, Brighton and 

york. City Screen is the first major operator in the UK to have installed digital 

projection equipment in all of its screens and the economic impact from this move 

is key to its growth strategy. Albion Ventures has made six cinema investments in 

conjunction with City Screen. 

Key Management Lyn Goleby Chief Executive Officer 

Get in Touch lyn.g@picturehouses.co.uk 

Website www.picturehouses.co.uk 


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Eutechnyx 


Eutechnyx is one of the largest independent videogame developers in the world. 

With a history spanning over 23 years, the studio has won numerous awards 

for its million-plus selling titles and garnered exceptional acclaim in the business 

sector. The company currently employs over 160 graduates and specialises in 

console-based driving games including Ferrari Challenge, The Fast and the Furious 

and MTV’s Pimp My Ride. As well as its headquarters in the UK, the company has 

studios in Hong Kong, Chengdu and Pittsburgh, USA. 

Key Management Darren Jobling Director of Business Development 

Brian Jobling Managing Director 

Paul Jobling Marketing Director 

Get in Touch paj@eutechnyx.com 

Website www.eutechnyx.com 


Leon Restaurants 

Nominated by Active Equity Partners 

Leon is a leading ‘fast-casual’ restaurant-chain providing high quality healthy food in 

a relaxed and stylish environment. The restaurants have received recognition from 

the RSPCA for the care the company takes sourcing their ingredients. 

The first Leon restaurant opened in September 2004 on Carnaby Street, London 

and the company has steadily grown into a chain of 9 restaurants – 8 in London 

and 1 in Bluewater, Essex. Continued expansion plans are in place. 

In the last 3/4 years, the company has trebled in size and reached profitability. 

Current sales have reached £10 million and like-for-like growth is 10%. 

Key Management Henry Dimbleby Founder & CEO 

John Vincent Founder 

Nick Evans Chairman 

Simon Drysdale Finance Director 

Get in Touch henry@leonrestaurants.co.uk 

Website www.leonrestaurants.co.uk 


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Mind Candy 

Nominated by Spark Ventures 

Mind Candy was founded in 2004 and develops multi-player online games. SPARK 

Ventures was its first backer at start up. 

Mind Candy’s current focus is Moshi Monsters, a virtual world for children (mainly 

7-12 year olds) where they can adopt their own online pet monster. It employs 

clever games and many puzzles to enhance children’s abilities to think fast on their 

PC and calculate and is therefore educational. It is now one of the world’s fastest 

growing online children’s games, creating social networking for children, carefully 

supervised by in house staff. Players nurture their monster, design its house, play 

educational puzzle games, as well as communicate with friends within a safe social 

network. Moshi Monsters is cash generative and profitable. There are currently 

almost 25 million registered users with 1million+ new players signing up every 

month. 

Mind Candy is based in London and develops new Social Multi-Player Online 

games, is doing music and Moshi Monsters related publishing, building its unique 

brand. Its product is now used in over 25 countries and it has a big following in the 

UK, USA, and Australia and new Zealand. It has concluded co marketing deals with 

Sainsbury’s, Arby’s and many other large retailers. 

The company has raised $10m in venture capital from SPARK Ventures, its start up 

investors, and later from Index Ventures and Accel Partners. 

Key Management Michael Smith Chief Executive Officer 

Ed Relf Head of Global Marketing 

Get in Touch ed@mindcandy.com 

Website www.mindcandy.com 


Streetcar 

Nominated by Smedvig Capital 

Streetcar is the leading UK car sharing operator. Car sharing offers consumers all the 

convenience of their own car but without the cost and hassle. 

Streetcar has cars parked in a dense network of dedicated spaces across London 

and several other UK cities, typically within a few minutes walk of home or work. 

Vehicles can be booked for as little as 30 minutes or as long as 6 months. They are 

reserved online or by phone, and can be collected and returned 24/7 using hightech 

smartcards. The fleet is made up of brand new Volkswagen golfs, Polos and 

BMWs. The cost of usage is based on how long the car is used for and how far you 

drive, and in almost all cases the annual cost of Streetcar will be dramatically less 

than owning a car. 

Key Management Andrew Valentine Co Chief Executive 

Brett Akker Co Chief Executive 

Get in Touch andrew.valentine@streetcar.co.uk 

Website www.streetcar.co.uk 


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The Gym 


The gym is the UK’s leading high quality, low cost gym chain. It offers members an 

exciting and revolutionary new concept in the health and fitness market. 

The founders identified that price was a significant barrier that prevented many 

people from becoming members of a health club and responded by launching an 

innovative proposition in the UK offering accessibility, affordability and flexibility. 

Membership costs £14.99 per month, with no contract, for anyone aged 18+. 

Members are not contractually tied to The gym for any specified period of time, 

and can cancel, freeze or unfreeze membership at any time. 

All 8 purpose-built gyms are open 24 hours a day, have over 170 pieces of state-ofthe-art 

gym equipment and are situated in an area of high population density. 

The most recent opening for The gym was in Birmingham, which adds to earlier 

openings in Hounslow, guildford, Vauxhall (London), Liverpool, Manchester, 

Leicester and Brighton. Birmingham is the largest club at 22,000 sq ft and is 

located in the heart of Birmingham city centre on the High Street, very close to 

Bullring Birmingham shopping centre. Future clubs that will open in 2010 include 

nottingham, Plymouth and West Hampstead. 

Key Management John Treharne CEO 

Jeremy Phillips Development Director 

Andrew Mathews Finance Director 

Get in Touch john@thegymgroup.com 

Website www.thegymgroup.com 


The Weybridge Club Ltd 


The Weybridge Club Ltd (“TWCL”) owns and operates a premier health and fitness 

club in Weybridge, Surrey. 

The club is located on a 30 acre freehold site in the greenbelt and offers upmarket 

health club facilities in an attractive rural setting. It provides a state of the art 

gym, two exercise studios, pool, tennis courts, a five-a-side football pitch, beauty 

treatment rooms, lounge and crèche. 

The club is run by the management team of Thirtysevendegrees, an experienced 

health and fitness club operator, who have established and managed 2 health 

and fitness clubs in London. TWCL opened to members in May 2007 and its 

membership base continues to grow. 

Key Management Huw Watson Chief Executive Officer 


Website www.theweybridgeclub.com 


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ApaTech 


MTI Firms 

ApaTech was established in 2001 and is an orthobiologics company. The company 

has developed a silicate substituted calcium phosphate bone graft material, 

Actifuse, the first of a new class of synthetic bone graft materials that combine 

osteoconductive, osteostimulatory and bioactive qualities resulting in accelerated 

bone growth. 

The company is backed by MTI, 3i and Healthcor; since its formation the company 

has raised more than US$60m from investors. 

ApaTech has received several corporate business and research awards. Most 

recently it was awarded the Frost & Sullivan ‘2009 north American Biologics 

Company of the year’. In 2007 and 2008 ApaTech was recognized as Britain’s 

fastest growing medical technology company in the Sunday Times Fast Track 100 

fastest growing private companies review. 

ApaTech has operations in London (England), Massachusetts (USA) and Berlin 

(germany). 

Key Management Simon Cartmell Chief Executive Officer 

Bruce Powell Chief Financial Officer 

Get in Touch simon.cartmell@apatech.com 

Website www.apatech.com 


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LIFE SCIEnCES 

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Aquapharm Biodiscovery 


Aquapharm is an innovative drug discovery company focused on developing new 

products founded on the chemical diversity of marine micro-organisms. Their 

core focus is the development of novel pharmaceutical compounds leading to the 

development of novel antibiotics, targeting both gram negative and gram positive 

infections. In addition, Aquapharm’s development pipeline is also fed by an active 

discovery portfolio of anti-oxidants, anti-inflammatories and novel biocatalysts. 

Key Management Steve Harris Chairman 

Professor Simon G Best OBE FRSE CEO 

Dr Andrew Mearns Spragg FRSA CTO 

Dr Tim Morely CSO 

Get in Touch Jon Williams Business Development Manager 

01631 559 393 

Website www.aquapharm.co.uk 


Astex Therapeutics 

Nominated by Abingworth 

Astex Therapeutics is a fragment based drug discovery company that discovers and 

develops small molecule therapeutic drugs with a focus on oncology and anti-viral 

compounds. 

The company has three products in the clinic and two at the pre-clinical stage. All 

of these products were discovered and developed using Astex’s proprietary drug 

discovery technology. 

In addition to its research programmes, Astex’s productivity in drug discovery 

has been endorsed through numerous partnerships with major pharmaceutical 

companies, including AstraZeneca, Bayer-Schering, Boehringer Ingelheim, novartis 

and Janssen Pharmaceutica. 

Astex has raised over £70m in three funding rounds. VC investors are Abingworth, 

Oxford BioScience, Apax, gIMV, Alta Partners and Advent International. The 

Company also has significant Corporate Investors: Bayer-Schering, novartis and 

Johnson & Johnson Development Corporation. 

Key Management Harren Jhoti Chief Executive Officer 

Martin Buckland Chief Business Officer 

Get in Touch Jeremy Carmichael 

j .carmichael@astex-therapeutics.com 

Website www.astex-therapeutics.com 


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LIFE SCIEnCES 

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BioVex 


BioVex is a biotechnology company developing a new class of potent biologics 

for the treatment of cancer and prevention of infectious disease. Founded in 

2000, the company has gone on to expand from its original Oxfordshire R&D base, 

establishing commercial headquarters and its own gMP grade manufacturing 

facility in Woburn, Massachusetts in 2005. 

The Company’s lead product, OncoVEX, is currently being evaluated in a Phase 3 

multi-national study, having demonstrated an unprecedented complete remission 

rate in a Phase 2 study in skin cancer patients with advanced disease. BioVex 

believes OncoVEX has the potential to become a leading standard of care in the 

treatment of many solid tumours based on the strength of clinical data so far 

generated coupled with the relatively benign side effect profile noted to date. 

BioVex won the Fierce Biotech “Fierce 15” award for the second time in 2009 and 

is the only company to have won the award twice. This award recognizes leading 

privately-held global biotech businesses. In 2009, only one other “Fierce 15” 

winner originated from outside the US. 

Key Management Philip Astley-Sparke President & Chief Executive Officer 

Get in Touch pastleysparke@biovex.com 

Website www.biovex.com 


Cellnovo Limited 


Cellnovo is a visionary biotechnology company committed to bringing new 

freedom and ease-of-use to drug delivery. 

Cellnovo’s proprietary technology combines precise control of drug therapies 

with simple, intuitive operation. Patients benefit from greater portability and 

personalization, as well as more efficient management of life-saving therapies. 

The company’s wireless patch pump will be introduced to the diabetes market in 

early 2011. 

Key Management William F. McKeon Chief Executive Officer 

John von Benecke Chief Financial Officer 

Michael Graves Manufacturing 

Tony Martin VP of Engineering 

Get in Touch info@cellnovo.com 

Website www.cellnovo.com 


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LIFE SCIEnCES 

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Cellzome 

Nominated by Atlas Venture 

Cellzome identifies new treatments for inflammatory diseases such as asthma. 

The company’s pipeline of small-molecule therapeutics is driven by a technology 

called Kinobeads which screens and profiles kinases in cells and tissues.. 

Cellzome has attracted and formed key strategic alliances with large 

pharmaceutical corporations such as gSK and Johnson & Johnson. Cellzome and 

gSK entered into a multi-million dollar global strategic alliance in September 2008. 

Key Management Timothy P. W. Edwards Chief Executive Officer 

Get in Touch info@cellzone.com 

Website www.cellzome.com 


Chroma Therapeutics 


Chroma Therapeutics, based in Oxford (UK), is a drug discovery and development 

company focused in the fields of oncology and inflammatory disorders. Chroma 

is building a broad pipeline of first- or best-in-class treatments using its expertise 

in chromatin biology and its novel intracellular accumulation technologies, which 

include the ability to selectively target drugs to macrophages. 

The company’s lead development compound, an oral, once daily experimental 

cancer therapy, is in Phase II trials. The company has a number of preclinical 

programmes and a collaboration with glaxoSmithKline to develop macrophagetargeted 

compounds.. 

Chroma is backed by a number of leading specialist investors including Abingworth, 

Essex Woodlands, gilde, glaxoSmithKline, nomura Phase4 and The Wellcome Trust. 

Key Management Ian Nicholson Chief Executive Officer 

Dr Alan Drummond Chief Scientific Officer 

Get in Touch pa@achromatherapeutics.com 

Website www.chromatherapeutics.com 


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LIFE SCIEnCES 

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Destiny Pharma 

Nominated by Longbow Capital LLP 

Destiny Pharma is a pharmaceutical company focused on the development of 

novel medicines that represent a different approach to infectious disease. 

Destiny Pharma has developed a portfolio of drug compounds that have been 

shown to work in such a way that bacteria are unable to develop resistance to 

repeated dosing. The compounds are being developed in order to prevent and 

treat superbugs such as MRSA. MRSA in the community suggests that infections 

due to multidrug-resistant bacteria are set to rise even further. Traditional research 

has failed to fully address these problems. Destiny Pharma is pursuing revolutionary 

approaches to the prevention and treatment of these types of public health issues. 

Key Management Dr Bill Love Chief Executive Officer 

Get in Touch busdev@destinypharma.com 

Website www.destinypharma.com 


EpiStem Holdings Plc. 

Nominated by Calculus Capital 

EpiStem Holdings is a UK-based biotechnology company focused on developing 

therapies for diseases including cancer, gastrointestinal diseases and skin damage. 

The company’s expertise is centred on the regulation of adult stem cells located 

in epithelial tissue. As well as developing innovative therapeutic and diagnostic 

biomarkers, EpiStem has a successful contract research division which earns over 

50% of its revenues from overseas customers. EpiStem has established working 

relationships with over 100 pharmaceutical companies. 

Calculus Capital (via its Early Intervening Services (EIS) funds) was the founder 

investor in the start-up company, the sole participant in a follow on funding in 2001 

and has provided financial support for EpiStem in later funding rounds. 

Key Management Matthew Walls Chief Executive Officer 

Get in Touch s.leonard@epistem.co.uk 

Website www.epistem.co.uk 


LIFE SCIEnCES 

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LIFE SCIEnCES 

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Oxford BioTherapeutics 

Nominated by Catapult Venture Managers 

Oxford BioTherapeutics (OBT) is focused on the development of targeted 

antibody-based medicines for oncology. OBT’s strategy is to develop innovative 

antibody-based cancer drugs, with integrated diagnostics, against novel targets 

that it has discovered in its unique Oxford genome Anatomy Project proteomic 

database. 

Through its alliances with the world leaders in antibody development (Medarex, 

Biosite, Amgen and gSK), OBT is in an unrivalled position to convert its novel 

targets into an exciting pipeline of first-in-class therapeutics for the treatment of 

cancer. OBT’s pipeline will deliver cost-effective medicines to fulfil the major unmet 

medical need of cancer patients. 

OBT is based in Oxford, UK and also has an operation in California, USA. Investors 

in the company include Catapult Venture Managers, South East growth Fund, and 

Oxford Capital Partners. 

Key Management Dr. Christian Rohlff Chief Executive Officer 

Get in Touch execpa@oxbt.co.uk 

Website www.oxbt.co.uk 


Oxitec Limited 


Oxitec Limited was founded in 2002 to develop and commercialize leading 

edge science and technology invented at the University of Oxford, namely 

environmentally friendly pest control. 

Oxitec has developed and patented a technology platform for the sterile insect 

technique. This platform is called RIDL and is the basis for providing effective 

and environment friendly pest control to agriculture and public health. Oxitec 

has generated product candidates for four insect pest control markets, and has 

advanced its lead candidate to the final testing phase of the development pathway 

in the USA. 

The company’s approach to insect control was recognised by the Bill and Melinda 

gates Foundation grand Challenges for global Health Initiative with an award as 

part of a $20 million consortium developing genetic strategies to control diseasecarrying 

mosquitoes. They have also been recognised as a Technology Pioneer at 

the World Economic Forum. 

Key Management Haydn Parry Chief Executive Officer 

Luke Alphey Research Director 

Get in Touch haydn.parry@oxitec.com 

Website www.oxitec.com 


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LIFE SCIEnCES 

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PolyTherics 


PolyTherics is a biotechnology company that applies precision chemistry to 

develop protein and peptide-based drugs. Protein and peptide-based drugs are 

injected, and stay in the body only a short time, reducing the efficacy of the drugs 

and increasing the frequency with which they must be administered. PolyTherics’ 

technology can extend the duration of action of these classes of drugs, conferring 

benefits in terms of increased efficacy and reduced frequency of injections, 

reducing the cost of treatment and improving patient compliance. PolyTherics 

has developed and patented three innovative approaches to PEglyation, known as 

TheraPEg HiPEg and CyPEg. PEgylation is the process by which poly (ethylene 

glycol) is attached to any therapeutic peptide or protein to slow its elimination 

from the body. PEgylation is an established method for improving medicines, 

and nine PEgylated products are already approved for use in either the US and/ 

or the EU. PolyTherics’ methods of PEgylation add PEg to a specific site on 

proteins and peptides producing a more homogeneous product than traditional 

PEgylation technologies. The market for therapeutic proteins is expected to grow 

to $160bn by 2013. Polytherics works in partnership with biopharmaceutical 

companies to produce better products to capitalize on this enormous market 

opportunity. Polytherics currently has collaborations with a number of international 

biopharmaceutical companies. 

Key Management Dr Keith Powell CEO 

Professor Steve Brocchini Chief Scientific Officer 

Dr Sally Waterman Chief Operating Officer 

Dr Antony Godwin Head of Chemistry 

Dr Ji-Won Choi Head of Biology 

Dr Jeff Edwards Development Director 

Get in Touch keith.powell@polytherics.co.uk 

Website www.polytherics.co.uk 


R5pharmaceuticals Ltd 


R5 Pharmaceuticals was established in 2006 at BioCity in nottingham to provide a 

scientifically based formulation development, analytical chemistry and gMP service 

to the global biotech and pharmaceutical industry. 

R5 develops and manufactures new medicines and clinical trial materials for 

Phase 1 and Phase 2 clinical trials. The company is licensed by MHRA for its gMP 

manufacturing facilities, with its base at BioCity (in nottingham) covering 20,000 sq 

ft of laboratories and offices. 

R5 Pharmaceuticals was sold to Aesica Pharmaceuticals in June 2010, realising 

significant returns for the company’s shareholders. Whilst the price of the 

acquisition is not disclosed, Catapult realised a minimum Internal Rate of 

Return of 50% on the transaction. Aesica Pharmaceuticals is a rapidly growing 

pharmaceutical contract manufacturer which is backed by LDC. 

Key Management Paul Titley Chief Executive Officer 

Get in Touch ptitley@r5pharma.com 

Website www.r5pharma.com 


LIFE SCIEnCES 

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LIFE SCIEnCES 

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re:innervate 


Reinnervate is dedicated to the development of new and innovative in-vitro cell 

culture technologies and techniques. The company is developing rational science 

based enhanced cell culture growth supplements, with important stem cell 

applications. The company’s research is based on a profound understanding of 

cell biology and the needs of cell biologists involved in academic and commercial 

research and product development. Reinnervate has developed a suite of enabling 

technologies which overcome the limitations of current cell culture technologies, 

for example Alvetex, a unique and proprietary polystyrene scaffold that enables 

routine 3D cell culture. This 3D scaffold is set to become a vital tool in the cell 

biologist’s armoury allowing them far greater insight into how cell behave in the 

body. Reinnervate have developed a growing library of synthetic small molecules 

that mediate cell differentiation in-vitro. The first of these small molecules, ec23 is 

a synthetic retinoid that mimics ATRA but which is light stable and more potent. 

Key Management Ashley Cooper Chief Executive Officer 

Stefan Przyborski Founder & Chief Executive Officer 

Get in Touch info@reinnervate.com 

Website www.reinnervate.com 


Renovo 

Nominated by Atlas Venture 

Renovo was founded in 2000, floated on the London Stock exchange in 2006 and 

now employs over 170 full time members of staff. 

The company is the world leader in scar prevention and reduction research, 

developing pharmaceutical products to prevent and reduce scarring in the skin, 

blood vessels, eyes, nerves, internal organs, tendons and ligaments. The lead drug, 

Juvista, has demonstrated significantly reduced scarring in the skin, which alone 

represents a multi-million dollar market of unmet medical need. 

Renovo’s exceptional team of highly experienced and innovative scientists and 

clinicians have started to build their commercial capability. Based in Manchester 

at the heart of a thriving centre for pharmaceutical research, Renovo has built a 

portfolio of drugs that have reached phase 2 and phase 3 of clinical development, 

as well as a rich pipeline at all stages of pre-clinical R&D. 

Key Management Professor Mark Ferguson Co- founder & 

Chief Executive Officer 

Simon Bielecki VP, Communications 

Get in Touch reception@renovo.co.uk 

Website www.renovo.com 


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LIFE SCIEnCES 

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Steritrox 


Stockport based Steritrox has developed a chemical free room disinfectant process 

that kills pathogens including Listeria, C.Difficle, E. coli and MRSA and are followed 

by a quenching process which allows quick re-entry into a room. 

Steritrox’s technology safely harnesses the science of advanced oxidation to 

release hydroxyl free radicals that simultaneously disinfect both surface and 

airborne pathogens, effectively killing a broad spectrum of bacteria, viruses, moulds 

and yeasts. 

The company’s process is rapid, does not use expensive or harmful consumable 

chemicals and can be operated by janitorial personnel with little extra training. It is 

currently targeting the food processing and healthcare sectors. 

The technology has a wide application potential and the company is currently 

targeting the food processing industry through its Radical brand and the healthcare 

sector through its Meditrox brand. 

Key Management Peter Townley Managing Director 

Get in Touch Hazel Hart hazel.hart@steritrox.com 

Website www.steritrox.com 


Syntaxin Ltd 


Established in 2005, Syntaxin is a biopharmaceutical company that engineers and 

develops bacterial-based protein therapeutics for the treatment for neurological, 

inflammatory and endocrine diseases. 

The biopharmaceutical company’s proprietary technology platform enables 

the engineering of bacterial proteins by domain substitution, to produce novel 

cell-specific biotherapeutics that inhibit cell secretion. These products can have 

therapeutic effects in a wide range of indications. 

The company closed a $12M Series A financing in november 2005, led by 

Abingworth. In October 2007, Syntaxin secured a further $32M Series B financing 

led by investors including Abingworth. 

Key Management Dr Melanie Lee Chief Executive Officer 

Dr Nigel Clark Chief Business Officer 

& Non Executive Director 

Get in Touch info@syntaxin.com 

Website www.syntaxin.com 


LIFE SCIEnCES 

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LIFE SCIEnCES 

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Vantia Therapeutics 

Nominated by SV Life Sciences Managers 

Vantia Therapeutics is an emerging pharmaceutical company developing novel, 

small molecule drugs targeting large, under-served medical markets. This leading 

research-based healthcare company is dedicated to improving clinical treatments 

through the development and commercialisation of medicines. 

Vantia was spun out from Ferring Research Ltd in 2008 and its product pipeline is 

driven by a management team with 21 years’ experience in this field. The company 

intends to develop its lead products over the next two years to the point where 

larger pharmaceutical companies will partner the programs from them. 

Based in Southampton Science Park, UK, Vantia’s team of 16 scientists have fully 

equipped facilities for medicinal chemistry, DMPK and lead discovery. 

Key Management Dr Jim Phillips Chief Executive Officer 

Get in Touch Carol Baker cmb@vantia.com 

Website www.vantiatherapeutics.com 


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EVO Electric 


EVO Electric develops and manufactures advanced electric machines, drive systems 

and other integrated products for a wide range of transportation and mobile power 

applications. The company’s core competence is around the design and integration 

of high torque electric motors and generators based on an axial flux design, 

enabled by innovations in materials, design and manufacturing. 

The axial flux design results in a higher power and torque output for a given volume 

and weight of machine, which makes it possible to design lighter and cheaper 

hybrid and electric vehicles. 

EVO announced a new generation of Axial Flux products on 1st June 2010 which 

offer the highest power density among electric motors currently available for 

automotive applications, demonstrating peak power density of 5kW per kg, which 

represents a 33% increase over the previous generation of EVO motors and puts 

the motors well above the US Department of Energy’s power density targets for 

2015 and 2020. 

EVO Electric’s technology is based on the research of Dr Michael Lampérth 

at Imperial College London. The company was founded in 2007 by Imperial 

Innovations, which has provided investment and support. 

EVO is currently working with a number of car manufacturers, including Lotus. 

Key Management David Latimer CEO 

Dr Michael Lampérth Chief Technology Officer 

Michael Howell Chairman 

Get in Touch david.latimer@evo-electric.com 

Website www.evo-electric.com 


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Fotech Solutions Ltd. 


Fotech Solutions Limited develops monitoring and surveillance solutions for oil and 

gas wells and pipelines. They have created a class leading fibre optic acoustic sensor 

product, Helios, which detects sounds along the length of a fibre optic cable at 

distances of up to 50km. 

The high quality data received by Helios shows leaks, fluid movement in and out 

of the reservoir, and monitors the safe completion of reservoir activities such as 

perforating and fracturing. In the security market, the system’s ability to rapidly 

identify the locations of sounds without the need for expensive electronic 

components in the field gives it significant advantages over incumbent solutions in 

performance, safety, cost and maintenance. 

The global market for oilfield sensor systems is well established and growing. As it 

continues to develop, there is a growing move to enhance the quantity and quality 

of data gathered; all part of a broader trend towards ‘the digital oilfield’. There is also 

growing oilfield industry interest in improved asset monitoring and management, 

particularly as a result of increasingly ageing assets. The Deepwater Horizon accident 

in the gulf of Mexico is also likely to result in the industry and its regulators adopting 

additional safety and monitoring requirements. 

Fotech has completed over a dozen trials and deployments for a range of customers 

around the world and is stepping up its pace of roll-out. sep is a lead investor in 

Fotech having committed funds to the company to help support its growth and 

commercialisation phase. 

Key Management Douglas Gibson CEO 

Alan Liesse Executive Vice President 

Nigel Leggett Chief Operations Officer 


Website www.fotechsolutions.com 


MBA Polymers 

Nominated by Doughty Hanson & Co 

MBA Polymers develops technology for the recovery of high value engineering 

plastics from complex durable goods streams such as computers, electronics, 

appliances, and automobiles. 

The company was founded in 1994 by Dr. Michael Biddle and Mr. Trip Allen to 

expand the research capabilities in the area of plastics recycling and to develop a 

commercial process for recovering plastics from complex streams of materials. The 

company, located in Richmond, California, operates a 90,000 foot state-of-the-art 

research and commercial recycling operation. 

The company has received considerable support from a wide variety of 

stakeholders, including The American Plastics Council, the computer and 

electronics industry and federal agencies such as DOE, DOC, and EPA. 

Key Management Dr Michael Biddle President 

Get in Touch info@mbapolymers.com 

Website www.mbapolymers.com 


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Metalysis 



Metalysis is the UK’s leading technology business for the global manufacture of 

special metals and alloys. Using the FFC Process, the company has developed an 

important new technology for producing titanium, tantalum and other metals from 

the oxide. 

When compared to conventional technologies, Metalysis’s disruptive technology 

opens up a cheaper, less capital intensive and more environmentally favourable 

route to produce titanium, tantalum, and related high value alloys. Metalysis owns 

the worldwide exclusive exploitation rights to the FFC Process. 

While focused mainly at present on scaling up its innovative technology, the 

Metalysis business is already supplying low volumes of metallurgical grade powders. 

From 2010 the company will embark upon the commercialisation of its technology 

to compete with, and gain market share from, established production processes. 

The company’s South yorkshire base is the focal point for R&D, technology scaleup, 

IPR management and commercialisation of the FFC process. From its base 

Metalysis will manage a worldwide network of joint venture businesses and direct 

licences each exploiting one metal, application or alloy group. 

Key Management Mark Bertolini Chief Executive Officer 

Guppy Dhariwal Chief Financial Officer 

Get in Touch guppy.dhariwal@metalysis.com 

Website www.metalysis.com 


Midland Industrial Glass 

Nominated by Midven 

Midland Industrial glass Limited is a manufacturing company, employing 50 people, 

located in the Black Country. It offers a bespoke service to customers providing 

items in toughened float and mirror glass to market sectors including: white goods, 

shop fitting, lighting, transport and leisure. 

In early 2005 the company’s second tier management team approached Midven 

seeking a management buyout. The buyout was completed without insolvency 

proceedings and in the first full financial year following the buyout the Company 

achieved a pretax profit of £180,000 on £2.8m turnover and the following year, 

£480,000 on £3.2m turnover. 

Key Management Alan Taylor Managing Director 

Get in Touch enquire@miglass.com 

Website www.miglass.com 


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MATERIALS 

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Nexeon 


nexeon is developing novel silicon anode technology for lithium-ion batteries. 

nexeon’s technology is built upon pioneering materials science research at Imperial 

College London and the company has made substantial progress over the past 

three years. 

The energy capacity of current lithium-ion batteries is limited by the use of carbon 

anodes. As a result of the increasing demands on energy storage in consumer 

electronic and electric vehicle applications, alternative anode materials have been 

sought. nexeon’s silicon anode materials have a much higher capacity for lithium 

than carbon and as a result have a theoretical limit of almost ten times the energy 

capacity per gram. 

nexeon boasts a fully operational pilot plant capable of producing its unique 

materials at kilogram scale, anode coating facilities, and the ability to fabricate 

prototype pouch and cylindrical cells incorporating its materials. 

nexeon has an extremely strong IP base which has continued to grow since its 

formation. nexeon now has a portfolio consisting of 14 patent families, with more 

in preparation. 

The potential market for lithium-ion batteries is estimated at $35 billion by 2018. 

Key Management Dr Scott Brown CEO 

Dr Bill Macklin Chief Technical Officer 

Professor Mino Green Chief Scientific Officer 

Ian McDonald Engineering Director 

Get in Touch scott.brown@nexeon.co.uk 

Website www.nexeon.co.uk 


Novel Polymers 



novel Polymers (nPS) was founded in november 2003 in order to exploit polymer 

technology invented and developed by UK government research laboratories. 

Having established an exclusive licence to the technology, nPS has been working to 

apply it to specific applications across many industries. 

Initially, the company targeted applications such as adhesion promotion coatings, 

electrochemical membranes and solid electrolytes. nPS has since developed its 

technology for many other applications. The company works in partnership with 

industrial and product companies to develop products and services for new and 

existing markets. 

Partnerships now exist between nPS and large industrial companies active in many 

areas, including paper additives, paint, flooring, automotive, building materials and 

carbon industries. 

In a very short period of time, the business has gone from being a small research & 

development company to a cutting-edge product company with a large number of 

applicable markets. 

Key Management James Rolfe Chief Executive Officer 

Get in Touch info@novelpolymers.com 

Website www.novelpolymers.com 


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Pyreos 


Infrared sensors form the basis of several billion dollars markets including motion detectors 

used for energy conservation, building automation and security alarms, infrared 

cameras that can ‘see in the dark’, gas detectors which are used to detect the presence 

of potentially harmful gases such as carbon monoxide, and spectroscopy which 

uses infrared sensors to determine the chemical / molecular composition of samples 

for - amongst others - the pharmaceuticals, food and beverage and petrochemical 

industries. The materials and manufacturing techniques currently used to make infrared 

sensors mean there are inherent limitations – both in terms of cost and performance – 

that have held back the industry over the past 25 years. 

Pyreos’ patented thin film technology addresses these issues by, for the first time, bringing 

the benefits of low cost semiconductor manufacturing techniques to the infrared 

sensor industry. This enables Pyreos to make sensors at a fraction of the size and cost 

than has historically been possible whilst also offering improved performance, functionality 

and reliability. By making infrared sensors at 1/100th of the cost and as little as 

1/200th of the size of existing sensors, Pyreos’ technology has the potential to disrupt 

the industry, creating a paradigmatic shift in the industry’s cost model whilst also opening 

up entirely new applications. In this sense, the benefits of Pyreos’ technology for 

infrared sensors are comparable to the development of integrated circuits which drove 

the electronics / microchip revolution 40 years ago. Pyreos has already established a 

presence in markets around the world through leading distributors. The Company has 

already signed several multi-million dollar long term customer supply agreements, working 

with many of the leading industry players in Europe, America and Asia. 

Key Management Jeff Wright CEO 

Carsten Giebeler CTO 

Scott Freeborn COO 

Get in Touch jeff.wright@pyreos.com 

Website www.pyreos.com 


SealSkinz 


SealSkinz designs, manufactures and sells waterproof, breathable, close-fitting 

socks, gloves and hats. Over 50% of products are manufactured in SealSkinz’ 

King’s Lynn headquarters using patented technology, with other conventionally 

constructed products being OEM manufactured overseas. 

“SealSkinz Active” branded products are sold through outdoor and sports stores 

in the UK and Europe to outdoor enthusiasts, cyclists, sailors, horse riders, hunters, 

fishermen, runners, footballers and other sportsmen and women. “SealSkinz Duty” 

branded products cater to the UK and foreign armed services, emergency services 

and industrial users where waterproof protection is required. Both socks and gloves 

have recently been given nATO stock numbers. 

Key Management Andrew Dahl CEO 

Alistair Tait CFO & COO 

Stephen Riley Chairman 

Get in Touch andrewdahl@sealskinz.com 

Website www.sealskinz.com | www.sealskinz-sport.com 


MATERIALS 

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Symetrica 


Symetrica offers advanced gamma ray spectroscopy and imaging solutions. Their 

systems have been developed for security applications, medical diagnostics, 

geophysical applications and for space research and development. Symetrica work 

with prime contractors and government agencies on the design, development 

and testing of detection equipment for use by military forces, law enforcement 

personnel, customs officers, and the emergency services who need to be equipped 

for radiation detection and identification. Symetrica also aims to provide novel 

detectors and imaging technology for a wide range of medical applications. 

They have supported programs and projects such as the development of a new 

spectrometer for the next mission to the planet Mercury. 

Key Management Heddwyn Davies CEO 

Dr David Ramsden CTO 

Dr Brian Lever Operations Director 

Get in Touch Heddwyn Davies 02380 111580 

Website www.symetrica.com 


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CyDen 

Nominated by Longbow Capital LLP 

CyDen develops hair removal products based on its iPulse technology. 

iPulse utilises intense pulsed light technology to deliver a high level of clinical 

performance at low cost and is more efficient than other devices in the 

marketplace. 

This technology comes from the same team of scientists and innovators who 

originated the science of light-based hair removal more than 20 years ago and who 

have been at the forefront of the industry ever since. 

CyDen’s experts are the authors of over 40 patents in the light-based therapy field, 

while their products were the first light-based devices to win US FDA approval 

for hair removal, non-ablative wrinkle reduction and the treatment of acne. The 

company’s home-use, Boots-branded ‘Smooth Skin’ device is available to buy in 

Boots stores nationwide. 

Key Management Scott Wotherspoon Chief Executive Officer 

Get in Touch Ron Petersen rpetersen@cyden.co.uk 

Website www.cyden.co.uk 


MEDICAL 

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MEDICAL 

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First Care 

Nominated by Dawn Capital 

First Care has been a pioneer in the use of web-based software solutions and the 

delivery of remote occupational health. The company aims to help business to 

reduce employee absence by using a combination of qualified nurses in UK callcentres 

and a sophisticated web application. 

Key Management Aaron Ross Chief Executive Officer 

James Arquette Chief Operating Officer 

Get in Touch aaron.ross@firstcare.eu 

Website www.firstcare.eu 


Glysure 


Founded in 2006, glysure is developing a continuous blood glucose sensor for 

patients in intensive care with the goal of reducing patient mortality. 

In 2001, work on “tight glycemic control” (“TgC”) established a new standard in 

post-surgical care by showing that managing blood glucose levels within tight 

normal ranges yielded clear improvements in patient outcomes (including a 

46% reduction in incidence of sepsis, a 41 % reduction in renal failure and a 34% 

reduction in in-patient mortality). 

Maintaining glucose levels within the target range is difficult using current 

technologies which require frequent measurements to guard against hypoglycemia 

and the risk of adverse outcomes, including death. given the practical limitations 

of resource constraints, nursing workloads and current technologies, hospitals have 

struggled with the development and implementation of safe and effective TgC 

protocols. 

glySure is developing a continuous in vivo glucose monitoring system using an 

intravascular, optical florescence based sensor to meet the worldwide demand 

for implementation of TgC/IIT. The company has demonstrated highly accurate 

sensors and prototype systems in vitro and in vivo and is now preparing for clinical 

approval trials. 

Key Management Chris Jones Chief Executive Officer 

Barry Crane Chief Technical Officer 

Get in Touch bcrane@glysure.com 

Website www.glysure.com 


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Healthcare Learning Company Ltd 

Nominated by Westbridge Fund Managers 

The Healthcare Learning Company (HLC) provides e-learning and training materials 

into the dental and wider healthcare sector. 

HLC has succeeded in establishing itself as a provider of interactive teaching and 

online courses for healthcare professionals to meet their continuing professional 

development and post graduate requirements throughout their careers. 

HLC publishes weekly online newsletters and “Dental Tribune” - the UK’s first and 

only weekly printed newspaper for dentists. These publications are dedicated to 

the educational needs of healthcare practitioners and professionals. 

The company was incorporated in 2000 under the name of Smile-on Holdings 

Ltd, changing its name to Healthcare Learning Company Ltd in September 2005. 

Westbridge Capital backed the Healthcare Learning Company in 2008. 

Key Management Noam Tamir Chief Executive Officer 

Get in Touch noam@smile-on.com 

Website www.healthcare-learning.com 


Medtrade Products Ltd 

Nominated by The Summit group Ltd 

Medtrade Products Ltd is a specialist provider for advanced wound care products 

such as surgical and non-surgical dressings, scar treatments and haemostats. 

The company was founded in 1999 by Craig Hardy, his wife, and the current 

operations director. Since then Medtrade has grown sales to over £6.2 million 

(2010) and EBITDA to circa £0.4 million, the vast majority of which are exports; 

has increased staff numbers five-fold; and is exploiting a revolutionary haemostat 

product marketed as Celox which is in use in the US military and first responders/ 

emergency services. 

The Summit group Limited first invested £100,000 in 2000 with further 

investments of £130,000 in 2005 and £100,000 in 2008 (the latter two investments 

were part of rounds of £400,000 in each case). 

Key Management Craig Hardy Chief Executive Officer 

Get in Touch craig.hardy@medtrade.co.uk 

Website www.medtrade.co.uk 

The Summit Group 


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Mirada Medical 


Mirada Medical is a technology provider in the area of multi-modality medical 

imaging. 

Mirada Medical, a spin out from Siemens in 2001, has developed software that 

allows images from multiple sources to be combined to provide greater clinical 

certainty in diagnosis and treatment of cancer. Images from a patient can be 

combined to show not only if a cancer is present, but also its precise location 

relative to bones and organs. This provides surgeons and radiologists with a more 

complete picture, thereby improving the quality of information available when 

managing the patient’s condition. 

Mirada is a globally recognized brand name in advanced medical imaging and 

diagnostics. As a specialist provider of molecular imaging and fusion applications, 

Mirada Medical has had been recognised for its role in introducing functional 

imaging into radiology. 

Key Management Hugh Bettesworth Chief Executive Officer 

Gail Buswell Chief Financial Officer & 

Chief Operating Officer 

Get in Touch hugh.bettesworth@mirada-medical.com 

Website www.mirada-medical.com 


Monica Healthcare 


Monica Healthcare has developed the world’s first commercially available wireless 

fetal maternal monitor using abdominally sensed foetal/maternal ECg and uterine 

EMg (EHg) signals. The measurement of fetal and maternal heart rates and 

uterine activity via this method offers a radical alternative to conventional Doppler 

and external TOCO fetal monitoring, allowing both the mother and fetus to be 

unobtrusively and continuously monitored for long periods both at home or in the 

hospital. The result is an improved standard of obstetric care for both mother and 

baby. 

Monica Healthcare was formed following 15 years of research into the technology 

at the University of nottingham. The company has subsequently raised over £3m 

of venture capital funding to develop products, secure regulatory approvals and 

achieve commercial roll out. Investors in the company include Catapult Venture 

Managers, PUK Ventures, and Lachesis. 

Key Management Dr Carl Barrett Chief Executive Officer 

Get in Touch carl.barrett@monicahealthcare.com 

Website www.monicahealthcare.com 


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Neoss 


neoss has developed a simple, yet comprehensive, dental implant system for 

replacing missing teeth. The patented system is built around a single platform 

which allows dental professionals to work with different implant diameters but 

only one set of instruments and fewer prosthetic components makings it easy to 

use in comparison to other systems. neoss continues to invest in research and 

development and recently launched a new implant that has a unique new surface 

treatment, allowing more rapid healing and bone formation. 

Co-founded in 2000 by a leading UK dental academic and a Swedish technologist, 

neoss now employs over 110 people with a turnover of £11.8m and was placed 

20th in the ‘Sunday Times Tech Track 100’ fastest growing technology companies 

in 2008 and in July 2010 won the BVCA Portfolio Company Management Award 

for Venture Capital-Backed Team of the year in the northeast. It is headquartered 

in Harrogate with operations in Europe, north America, Australia and Japan and 

continues to look for opportunities to expand its global presence. 

In addition to MMC Ventures the business is also backed by Delta Partners 

and Medtronic Inc. as well as a number of high net worth individuals. The total 

investment to date is in excess of £20m. 

Key Management Michael J Dormer Executive Chairman 

Professor Neil Meredith Chief Executive Officer 

Guy Leaver Chief Financial Officer 

Get in Touch mike.dormer@neoss.com 

neil.meredith@neoss.com 

guy.leaver@neoss.com 

Website www.neoss.com 


The Practice 


The Practice plc delivers high quality primary care services, via long term contracts, 

into local communities through an experienced blend of clinicians, managers and 

staff. Partly owned by founding gPs, and having first rate clinical governance, the 

business is recognized and trusted by a growing number of Primary Care Trusts 

(PCTs) and by patients. The business is solely focused on providing services that 

are paid for by the public purse. The business operates in an environment where 

PCTs are seeking to not only achieve better value for money when commissioning 

services but also increased patient access and choice, and both of these factors 

are opening up the market to private providers for the delivery of primary care 

services. The business operates the following divisions; Surgeries, Immediate care, 

Community services and Custodial services. 

Key Management Peter Watts Chief Executive Officer 

Get in Touch peter.watts@thepracticeplc.com 

Website www.thepracticeplc.com 


MEDICAL 

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MEDICAL 

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Provexis 


Provexis Limited develops and licenses scientifically-proven functional food, 

medical food and dietary supplement technologies. A further technology for the 

treatment of inflammatory bowel disease was added to the portfolio in 2003 by 

way of a joint venture with the University of Liverpool. 

The company was founded in 1999 by Dr Bill Mullen of Angle plc. Enterprise 

Ventures’ RisingStars growth Fund first invested in the company in late 2002 to 

support the early research and development of its CardioFlow® technology with 

an initial early stage investment of £300,000. The backer has continued to invest in 

and support the development of the company and appointed Jonathan Diggines, 

CEO of Enterprise Ventures, to the Board. 

In 2005 Provexis merged with nutrinnovator plc resulting in the existing AIM-listed 

Provexis plc entity. 

Key Management Stephen Moon Chief Executive Officer 

Get in Touch stephen.moon@provexis.com 

Website www.provexis.org 


Sirigen 


Sirigen is applying nobel Prize winning amplification technology for use in the 

biotech and life sciences sectors. Sirigen’s technology is based on a novel form of 

conductive polymers (plastics) that have unique light harvesting properties which 

facilitate the amplification of light sources passed through them. 

Sirigen is applying the amplification properties of these polymers in biological 

assays with a specific focus on diagnostic and other healthcare applications. 

Sirigen’s platform agnostic, enabling technology represents a quantum leap in 

biomedical detection capabilities, amplifying the sensitivity of a wide range of 

existing instrumentation and detection platforms by up to 100 fold. 

Key Management Drummond Paris Chairman 

Nick Kerton Chief Executive Officer 

Get in Touch nick.kerton@sirigen.com 

Website www.sirigen.com 


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MEDICAL 

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Stanmore Implants Worldwide 


Stanmore Implants is an orthopaedic company focused on saving and restoring 

the function of limbs and joints. 

The company provides patient-specific and standardised orthopaedic implants for 

limb salvage, complex joint replacement, and prosthetic attachment. 

Stanmore has developed an approach to securing prosthesis to the skeleton for 

patients who have lost limbs through trauma or disease. The ITAP technology 

enables smooth integration with the skin and no infection or scar retraction, 

which are common problems with prosthetics. Patients are able to sense heat and 

vibration through the replacement limb. 

Based in Stanmore (north of London), and co-located with the Royal national 

Orthopaedic Hospital and Centre for Biomedical Engineering, the company 

provides advanced solutions for specialised orthopaedic procedures. 

Key Management Brian Steer Executive Chairman 

Dr Paul Unwin Chief Executive Officer 

Get in Touch Julie Campbell julie.campbell@stanmoreimplants.com 

Website www.stanmoreimplants.com 


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AdaptiveMobile 

Nominated by Doughty Hanson 

AdaptiveMobile is the leading provider of unified security for mobile and fixed 

operators, protecting their networks and subscribers across enterprise and 

consumer markets. With over 400 million subscribers protected today across 

the globe, the company delivers comprehensive protection from the increasing 

threats of mobile spam, viruses, malware, inappropriate content, unsolicited 

communications and fraud. 

AdaptiveMobile’s Policy Control software works across all mobile and wireless 

bearers, including SMS, Web, email and voice; it effectively reduces the cost of 

network operation and generates new revenues. 

AdaptiveMobile was founded in 2003 and boasts some of the world’s largest 

mobile operators as customers. It also counts leading security & telecom 

equipment vendors as partners including nSn, Huawei and Symantec. 

The company is headquartered in Dublin with offices in the north America, Europe, 

South Africa, Middle East and Asia Pacific. 

Key Management Brian Collins Chief Executive Officer 


Website www.adaptivemobile.com 


TELECOMS 

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TELECOM 

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Aepona 


Aepona provides software products and service delivery solutions to Telcos 

globally, empowering them to embrace fully the emerging network as a Service 

(naaS) business model and unleash the full potential of their network assets. 

More recently, the emergence of Cloud Computing, and its extension into the 

mobile domain, has brought a new dimension to naaS: the vision of a global, 

interconnected Mobile Cloud where application providers and enterprises will 

be able to access valuable network and billing capabilities across multiple Telco 

networks. With its Universal Service platform allowing Telcos to publish and 

monetise their assets as web-based API’s, Aepona is now poised to become a 

leading player in the Mobile Cloud Computing marketplace. Amadeus co-led the 

first round of funding in Aepona in April 2003 with local venture capital partner 

Trinity Ventures. 

Headquartered in Belfast, northern Ireland with offices in north America, the UK, 

Europe and Sri Lanka, Aepona’s products have been deployed by Tier 1 operators 

such as France Telecom/Orange, Sprint, Vimpelcom, Bharti Airtel, TELUS, TDC, BT 

and KPn, in networks supporting several hundred million subscribers worldwide. 

Key Management Michael Black CFO 

Get in Touch Michael Black +44 (0) 2890 269 100 

Website www.aepona.com 


Antix Labs Ltd. 


Antix Labs is a software engineering company whose software platform, the Antix 

game Player, allows consumers to play and share premium quality games and 

other content across a multitude of different mobile phone handsets as well as PCs, 

netbooks and other multimedia devices. 

Development of the Antix game Player began in the summer of 2007; its developer 

kit was launched in 2008 and the first handsets incorporating the Player were made 

available in 2009. With $10M already invested in product development, Antix 

now has multiple commercial licenses with global handset manufacturers and is 

currently working with numerous games developers and publishers. 

The Antix team has accumulated many years’ experience in the design and 

bringing to market of rich media software platforms working for operators, handset 

manufacturers, games publishers, compiler companies and silicon design houses. 

Key Management Francis Charig Cave Chief Executive Officer 

& Co-Founder 

Get in Touch francis.charig@antixlabs.com 

Website www.antixlabs.com 


TELECOM 

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TELECOMS 

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Arieso 


Arieso is a mobile network software business offering solutions to mobile operators 

to increase the efficiency of their networks and reduce capital expenditure. 

Arieso is a leading provider of subscriber experience geo-location, capital budget 

management and automatic network optimization solutions for wireless networks. 

Headquartered in the UK and with offices worldwide, the company delivers 

solutions that enable network operators to geo-locate, evaluate and optimize the 

subscriber experience. Arieso solutions have enhanced the network performance 

and maximized the return on investment for leading mobile operators around the 

world. 

Arieso’s solutions are offered through a range of delivery models; from the supply 

of software products with associated deployment and support to fully outsourced 

services. The company is growing rapidly with sales across the globe. 

Key Management Shirin Dehghan Chief Executive Officer 


Website www.arieso.com 


Aria Networks 


Aria networks is a developer of next-generation artificial-intelligence software. 

Aria’s proprietary technology more closely mimics the analytical power of the 

human brain than any other artificial intelligence technique currently available. 

Aria achieves this by building a network made up of interconnecting artificial 

neurons which imitate the properties of the biological neurons in the human brain, 

allowing Aria’s artificial intelligence to be self-learning and to continually evolve. Aria 

is currently exploiting its advanced software within the trillion dollar global telecoms 

industry with a view to fundamentally changing the way complex telecoms 

networks are designed, planned and operated. 

Key Management Jon Richards Chairman 

Tony Fallows Chief Executive Officer 

Jay Perrett CTO 

Get in Touch tony.fallows@aria-networks.com 

Website www.aria-networks.com 


TELECOMS 

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TELECOMS 

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Blackbay Ltd 


Blackbay Ltd is a software company which provides solutions for mobile 

workforces. The technology allows the transfer of data between mobile devices 

and back office systems in real time, thus improving customer service, employee 

productivity and reducing billing times. Blackbay clients include Royal Mail, Australia 

Post, DHL, Dyson and Konica Minolta. 

Blackbay’s core mobile worker applications offer organisations significant return on 

investment based upon reduced costs, increased sales and improved productivity 

and service levels. 

Key Management Avi Azulai Chairman 

Get in Touch Kate Kinraid kate.kinraid@blackbay.com 

Website www.blackbay.com 


Cambridge Broadband Networks 


Cambridge Broadband networks designs and markets high speed, point-tomulti-point 

wireless backhaul systems to mobile wireless operators. 

CBnL’s award-winning VectaStar system is the world’s most cost effective 

microwave backhaul solution for next generation mobile wireless networks, 

offering operators savings of 50% on OPEX compared to alternative solutions. 

The company operates in over 35 countries and continues to grow quickly in 

response to a fast developing industry. 

Key Management Graham Peel Chief Executive Officer 

Get in Touch info@cbnl.com 

Website www.cbnl.com 


TELECOMS 

165

TELECOMS 

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Creativity Software 


Creativity Software provides Location Based Services (LBS) solutions to mobile 

network operators. Its product offering allows operators to calculate the location 

of a mobile phone and monetise that capability with a range of consumer facing 

applications as well as meet regulation driven by the emergency services. Creativity 

Software is focused on selling these solutions into developing markets and has 

customers in the Middle East, Africa and South America. 

Key Management Richard Lee CEO 

Denis Maurin CTO 

Saul Olivares Sales Director 

Get in Touch richard.lee@creativitysoftware.net 

Website www.creativitysoftware.net 


Dynmark International 

Nominated by yFM group 

Dynmark International Limited (Dynmark) is a leading Mobile Messaging provider 

with an exceptionally robust software and services offering, providing application 

to person (“A2P”) mobile messaging. Dynmark’s Mobile Services Platform (“DMSP”) 

is a carrier grade messaging application platform that allows corporate clients 

to send marketing or information-related messages from either the desktop, 

server applications or plug-in applications direct to their customers’ or clients’ 

mobile handsets. Dynmark has built up an exciting, high profile customer base 

including Carphone Warehouse (which also comprises Best Buy), Talk Talk group 

(which also incorporates AOL and Opal Telecom), Home Delivery network (whose 

accounts include Tesco, Sainsbury’s, Amazon, Argos, The Shop Direct group 

and Littlewoods), groupcall and Parent Mail (School-Parent information service) 

s, yes Loans, gala Coral and Eurotunnel. Dynmark provides a comprehensive, 

award winning (MDA Product of the year Sept 2008 and Sage Innovation Award 

nov 2008) from its Dynmark Direct division while the managed services division, 

Dynmark Mobile offers full mobile marketing agency services. 

Key Management Oscar Jenkins Chief Executive 

Tony Mobley Finance Director 

Graham Ward Chairman 

Get in Touch oscar.jenkins@dynmark.com 

Website www.dynmark.com 


TELECOMS 

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TELECOMS 

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Icera 


Amadeus Capital Partners 

Icera has developed the world’s first market proven, high performance soft 

modem technology for mobile broadband phone and data devices. These 

include mobile broadband datacards and USB sticks, cellular modules for 

laptops and mobile internet devices. Icera’s soft modem also provides the ideal 

slim modem for high performance smartphones. 

Icera’s platform solutions give manufacturers maximum flexibility to deliver 

differentiated, high performance mobile broadband devices in the shortest time 

possible. 

Founded in 2002 by a highly experienced group of semiconductor executives, 

the company is staffed by a team with world-leading expertise in custom 

processor design, wireless algorithm development, circuit design and wireless 

handset platform integration. Icera, which has risen venture funding totalling 

over $100M to date, is headquartered in Bristol UK, with design locations in the 

UK, France, Canada and US, and with sales and support in Japan, Taiwan, Korea, 

the US and Europe. 

Key Management Stan Boland Chief Executive Officer 

Get in Touch Sally Doherty press@icerasemi.com 

Website www.icerasemi.com 


ip.access 


ip.access designs and sells miniature indoor mobile phone stations which are 

deployed inside offices (picocells) and homes (femtocells). These are typically 

deployed to solve the issue of poor indoor cellular coverage. 

The current market for miniature base stations is forecast to grow very rapidly over 

the next few years to over 30m units per annum, and is estimated to be worth $1.5 

billion in 2013 by leading research group, ABI. This growth is due to the increasing 

demand for 3g bandwidth as a result of the explosion of data traffic from 

applications such as iPlayer, youTube and increased web browsing on devices such 

as the Apple iPhone and the ever increasing numbers of smartphones. 

network operators are now launching femtocells commercially with Vodafone 

in Europe, and AT&T in the US leading the way; ip.access is working with Cisco at 

AT&T and is targeting other operator wins this year. 

SEP is a lead investor in ip.access which is the winner of numerous industry awards 

including the Best Radio Access Product at the 2007 Mobile World Congress 

awards. It is one of the leading vendors in the world and supplies equipment into 

operators around the world including AT&T and T-Mobile in the US, AirTel in India, 

and is being deployed by a significant number of operators including Smart in the 

Philippines, KPn in the netherlands and Telefónica O2 in the Czech Republic. 

Key Management Stephen Mallinson Chief Executive Officer 


Website www.ipaccess.com 


TELECOMS 

169

TELECOMS 

170 

OpenCloud 


OpenCloud provides the telecoms industry with a real-time Application Server for 

agile development, deployment and efficient management of person-to-person 

communications services across current and next generation network technology. 

It helps the fixed and mobile community build competitive advantage, customer 

loyalty and increased revenue – at a dramatically lower price point. OpenCloud also 

offers specialized consulting, implementation, training and 24/7 support services 

for customers worldwide. 

Headquartered in Cambridge, UK, OpenCloud has offices in new Zealand, 

Spain and Indonesia. Key clients include: BT, Vodafone Italy, Portugal and Spain, 

Telkomsel and Softbank Mobile. 

Key Management Jeff Gordon CEO 

John Martyn Chief Financial Officer 

Jonathan Bell VP Product Marketing 

Get in Touch jonathan.bell@opencloud.com 

Website www.opencloud.com 


picoChip 

Nominated by Altas Venture 

SEP 

picoChip designs and sells digital signal processing silicon chips, a key component 

for wireless communications and is a leading vendor in the multi-core digital signal 

processing (DSP) market. The company’s focus is chips for small and medium sized 

mobile phone base stations. 

The company’s product is the lowest cost and most power efficient on the market 

and as a result picoChip has over 100 customers including seven of the top ten 

telecoms equipment makers. 

An exciting new market for picoChip is the femtocell or home base station market 

in which picoChip has design wins in the majority of the equipment vendors, and is 

used by operators such as Vodafone, AT&T and China Unicom. Overall the market 

opportunity per annum to PicoChip is substantial. 

The Bath-based company has built a global presence that includes offices in the 

USA and China, development sites in Europe and China, and sales and support 

operations across the globe. 

Regarded by the industry as a leader in its field, picoChip has won numerous awards 

and is growing revenue rapidly.. 

Key Management Nigel Toon President & Chief Executive Officer 


Website www.picochip.com 


TELECOMS 

171

TELECOMS 

172 


B r i t sa 

i n ’ 

H o t 

T l a e n t 

2 01 0/ 1 

InDEX

InDEX 

B r i ts 

H o t 

T l a e n 

2 01 0/1

Alphabetical Index 

A 

ACAL Energy 9 

AdaptiveMobile 159 

Aepona 160 

Aerothermal 10 

aiHit 89 

AMEE 11 

Antix Labs Ltd 161 

ApaTech 113 

Aquapharm Biodiscovery 114 

Aria Networks 163 

Arieso 162 

Arvia Technologies 12 

Astex Therapeutics 115 

B 

BioVex 116 

Blackbay Ltd 164 

Bloxx 67 

Bowman Power 13 

Breathing Buildings 14 


ALPHABETICAL InDEX 

175


176 

C 

Cam Semi 68 

Cambridge Broadband Networks 165 

Cascade Technologies Ltd 108 

Cellnovo 117 

Cellzome 118 

Celona Technologies 69 

Chemrec 16 

Chroma Therapeutics 119 

City Screen Cinema 103 

Cognitive Match 90 

Consilium Technologies 70 

Control Circle 71 

Covestor 51 

Creativity Software 166 

CSL Dualcom 91 

CyDen 145 

D 

Destiny Pharma 120 

Durham Mag-Lev Ltd 92 

Dynmark 167 

E 

Edenbrook 93 

Elateral 29 


EpiStem Holdings Plc. 121 

Espresso Group Limited 30 

Ethicalsuperstore.com 31 

Eutechnyx 104 

Evo Electric 133 

Exosect 17 

F 

Farfetch.com 32 

First Care 146 

Fizzback 94 

Flirtomatic 33 

Forth Dimension Displays 72 

Fotech Solutions Limited 134 

Freerunner 73 

G 

Gambling Compliance 95 

Garlik 96 

Gigle 74 

Glysure 147 

Gnodal 75 

H 

Halo Insurance 52 

Healthcare Learning Company Ltd 148 



177

ALPHABETICAL InDEX InDEX 

178 

Helveta 18 

I 

Icera 168 

iiPay 53 

i-nexus 76 

Intamac Systems 77 

IntelliQ Ltd 97 

ip.access 169 

L 

Lagan 78 

Leon Restaurants 105 

Livebookings 34 

LOVEFiLM 35 

M 

Marine Current Turbines Ltd 19 

Maxymiser 36 

MBA Polymers 135 

Medtrade Products Ltd 149 

Metaforic 98 

Metalysis 136 

Midland Industrial Glass 137 

Mind Candy 106 

Mirada Medical 150 


MirriAd 37 

Monica Healthcare 151 

MyVideoRights.com 38 

N 

Nanosight 99 

Neoss 152 

Neverfail group 54 

New Earth Solutions 20 

Nexeon 138 

Nomad 79 

Nomad Payments Limited 55 

Notonthehighstreet.cm 39 

Novel Polymers 139 

Nujira 80 

O 

OB 10 56 

Omprompt 57 

Opencloud 170 

Oxford BioTherapeutics 122 

Oxitec 123 

P 

PassivSystems Ltd 21 

Petainer 22 



179

ALPHABETICAL InDEX XXXXXX InDEX 

180 

Photobox 40 

Picochip 171 

Plant Impact 23 

Polytherics 124 

Provexis 154 

Pyreos 140 

Q 

Quantasol 24 

R 

R5 Pharmaceuticals 125 

RainStor Inc 81 

Redtray Ltd. 58 

re:innervate 126 

Renovo 127 

S 

SalesPush 59 

SealSkinz 141 

Seatwave 41 

Sirigen 155 

Skimlinks 42 

Skyscanner 43 

Slurp.co.uk 44 

Small World Financial Services 60 


Soundcloud 45 

Stanmore Implants Worldwide 156 

Sterecycle 25 

Steritrox 128 

Streetcar 107 

Symetrica 142 

Syntaxin Ltd 129 

T 

Testplant 100 

The Foundry 46 

The Practice 153 

The Weybridge Club Ltd 109 

The Gym 108 

Thomsons Online Benefits 61 

Tinglobal 82 

V 

Vantia Therapeutics 130 

VC Net 62 

Virtensys 63 

W 

Whelan Refining Ltd 26 

Wonga 47 



181

ALPHABETICAL InDEX XXXXXX InDEX 

182 

X 

XMOS 83 

Y 

Yuuguu Ltd 84 

Z 

Zeus 85 

Zinwave 64 

Zoopla 48 


Company Index 

by Venture Capital Backer 

A 

Abingworth 

Astex Therapeutics Life Sciences 115 

Chroma Therapeutics Life Sciences 119 

Stanmore Implants Worldwide Medical 156 

Syntaxin Ltd Life Sciences 129 

Active Private Equity 

Leon Restaurants Leisure 105 

Advent Ventures 

Cellnovo Life Sciences 117 

Farfetch Digital 32 

Fizzback Intelligence and Security 94 

Opencloud Telecoms 170 

The Foundry Digital 46 

Albion Ventures 

Blackbay Ltd Telecoms 164 

City Screen Cinema Leisure 103 


COMPAny InDEX - By VEnTURE CAPITAL BACKER 

183

COMPAny InDEX - By VEnTURE CAPITAL BACKER XXXXXX 

184 

Mirada Medical Medical 150 

The Weybridge Club Ltd Leisure 109 

Amadeus Capital 

Aepona Telecoms 160 

aiHit Intelligence and Security 89 

AMEE Cleantech 11 

Cambridge Broadband Telecoms 165 

Covestor Finance & Business Support 51 

Glysure Medical 147 

Icera Telecoms 168 

ip.access Telecoms 169 

Nomad Information Technology 79 

Nujira Information Technology 80 

XMOS Information Technology 83 

Antrak Capital 

i-nexus Information Technology 76 

Aspiration Capital Management 

Slurp.co.uk Digital 44 

Salespush.com Finance & Business Support 59 

Atlas Ventures 

Cellzome Life Sciences 118 

Picochip Telecoms 53 

Renovo Life Sciences 127 


B 

Balderton Capital 

Livebookings Digital 33 

LOVEFiLM Digital 35 

Wonga Digital 47 

Beringea 

Espresso Group Digital 30 

Braveheart Ventures 

Cascade Technologies Cleantech 15 

Bloxx Information Technology 67 

Bridges Ventures 

AeroThermal Cleantech 10 

Halo Insurance Finance & Business Support 52 

SealSkinz Materials 141 

The Gym Leisure 108 

Whelan Refining Ltd Cleantech 26 

C 

Calculus Capital 

EpiStem Holdings Plc. Life Sciences 121 

Catapult Venture Managers 

Monica Healthcare Medical 151 



185


186 

Oxford BioTherapeutics Life Sciences 122 

R5 Pharmaceuticals Life Sciences 125 

Carbon Trust Investment Partners LLP 

Marine Current Turbines Ltd Cleantech 19 

D 

Dawn Capital 

Cognitive Match Intelligence and Security 90 

First Care Medical 146 

Wonga Digital 47 

DFJ Esprit 

ApaTech Life Sciences 113 

Cam Semi Information Technology 68 

Garlik Intelligence and Security 96 

Icera Telecoms 168 

Lagan Information Technology 78 

LOVEFiLM Digital 35 

Xmos Information Technology 83 

Zeus Information Technology 85 

Doughty Hanson & Co 

AdaptiveMobile Telecoms 159 

Flirtomatic Digital 34 

Forth Dimension Displays Information Technology 72 

Garlik Intelligence and Security 96 


MBA Polymers Materials 135 

Rainstor Inc Information Technology 81 

Soundcloud Digital 45 

E 

Elderstreet Capital Partners 

Edenbrook Intelligence and Security 93 

Enterprise Ventures 

ACAL Energy Cleantech 9 

Plant Impact Cleantech 23 

Provexis Medical 154 

Yuuguu Ltd Information Technology 84 

Environmental Technologies 

Chemrec Cleantech 16 

Metalysis Materials 136 

Novelpolymers.com Materials 139 

F 

Fleming Family and Partners (FF&P) 

OB 10 Finance and Business support 56 

Fidelity Growth Partners Europe 

Neverfail group Finance & Business Support 54 

Seatwave Digital 41 



187


188 

J 

Jon Moulton 

Redtray Ltd. Finance & Business Support 58 

H 

Harbourvest 

Photobox Digital 40 

I 

Impax Asset Management 

New Earth Solutions Cleantech 20 

Sterecycle Cleantech 25 

Imperial Innovations 

Evo Electric Materials 133 

Nexeon Materials 138 

Polytherics Life Sciences 124 

Quantasol Cleantech 24 

L 

Longbow Capital 

CyDen Medical 145 

Destiny Pharma Life Sciences 120 


M 

Midven 

Midland Industrial Glass Ltd Materials 137 

MMC Ventures 

Breathing Buildings Cleantech 14 

Consilium Technologies Information Technology 70 

Creativity Software Telecoms 166 

iiPay Finance & Business Support 53 

Neoss Medical 152 

Small World Financial Services Finance & Business Support 60 

The Practice Medical 153 

VC-Net Finance & Business Support 53 

MTI Ventures 

ApaTech Ltd Life Sciences 113 

Arvia Technologies Cleantech 12 

IntelliQ Ltd Intelligence and Security 97 

N 

NESTA 

Aquapharm Biodiscovery Life Sciences 114 

Gnodal Information Technology 75 

Skimlinks Digital 42 

Symetrica Materials 142 



189


190 

Next Wave Partners 

Petainer Cleantech 22 

Northstar Ventures 

Antix Labs Ltd Telecoms 161 

Durham Mag-Lev Ltd Intelligence and Security 92 

Ethicalsuperstore.com Digital 31 

Eutechnyx Leisure 104 

Freerunner Information Technology 73 

re:innervate Life Sciences 126 

O 

Octopus Ventures 

CSL Dualcom Intelligence and Security 91 

Zoopla Digital 48 

Oxford Capital 

Arieso Telecoms 162 

Helveta Cleantech 18 

Oxitec Life Sciences 123 

P 

Pentech Ventures 

Maxymiser Digital 36 

Metaforic Intelligence and Security 98 


Pi Capital 

Thomsons Online Finance & Business Support 61 

S 

Scottish Equity Partners (SEP) 

BioVex Life Sciences 116 

Cam Semi Information Technology 68 

Control Circle Information Technology 71 

Fotech Solutions Limited Materials 134 

Gigle Information Technology 74 

Picochip Telecoms 171 

Skyscanner Digital 43 

Virtensys Finance & Business Support 63 

Zeus Information Technology 85 

Zinwave Finance & Business Support 64 

Seraphim Capital 

Aria Networks Telecoms 163 

Celona Technologies Information Technology 69 

Intamac Systems Information Technology 77 

MirriAd Digital 37 

Pyreos Materials 140 

Testplant Intelligence and Security 100 

Sirigen Medical 155 



191


192 

Shackleton Ventures 

Nanosight Intelligence and Security 99 

Omprompt Finance & Business Support 57 

Tinglobal Information Technology 82 

Smedvig Capital 

Streetcar Leisure 107 

Spark Ventures 

Elateral Digital 29 

Gambling Compliance Intelligence and Security 95 

Mind Candy Leisure 106 

Nomad Payments Limited Finance & Business Support 55 

Notonthehighstreet.com Digital 39 

SV Life Sciences 

Vantia Therapeutics Life Sciences 130 

T 

The Summit Group 

Medtrade Medical 149 


W 

Westbridge Capital 

Healthcare Learning Company Medical 148 

Wheb Ventures 

Bowman Power Cleantech 13 

Exosect Cleantech 17 

PassivSystems Cleantech 21 

Petainer Cleantech 22 

Steritrox Life Sciences 128 

Y 

YFM Group 

Dynmark Telecoms 167 



193

COnSTITUEnCy/MP XXXXXX InDEX 

194 

Company Index 

by Parlimentary Constituency 

A 

Argyll and Bute Mr Alan Reid MP 

Aquapharm Biodiscovery 114 

B 

Bath Mr Don Foster MP 

Picochip 171 

Battersea Ms Jane Ellison MP 

Mind Candy 106 

Belfast East Ms naomi Long MP 

Lagan 78 

Belfast North Rt Hon nigel Dodds MP 

Aepona 160 

Bermondsey and Old Southwark Mr Simon Hughes MP 

Zoopla 48 


Bristol West Mr Stephen Williams MP 

Gnodal 75 

XMOS 83 

C 

Cambridge Mr Julian Huppert MP 

Breathing Buildings 14 

CamSemi 68 

Cambridge Broadband Networks 165 

Zeus 85 

Cardiff North Mr Jonathan Evans MP 

Healthcare Learning Company Ltd 148 

Cheadle Mr Mark Hunter MP 

VirtenSys 63 

Cheltenham Mr Martin Horwood MP 

Dynmark International 167 

iiPay 53 

Chesham and Amersham Rt Hon Cheryl gillan MP 

The Practice 153 


COnSTITUEnCy/MP XXXXXX InDEX 

195

COMPAny InDEX - By PARLIMEnTARy COnSTITUEnCy XXXXXX 

196 

Chippenham Mr Duncan Hames MP 

Aria Networks 163 

Cities of London and Westminster Mr Mark Field MP 

Blackbay 164 

Cellnovo 117 

City Screen Cinema 103 

Cognitive Match 90 

Covestor 51 

Edenbrook 93 

Fizzback 94 

Flirtomatic 34 

Glysure 147 

Leon Restaurants 105 

MirriAd 37 

OB 10 56 

Photobox 40 

Seatwave 41 

Small World Financial Services 60 

Testplant 100 

The Foundry 46 

Thomsons Online Benefits 61 

Wonga 47 

Farfetch 32 


Coventry South Mr Jim Cunningham MP 

i-nexus 76 

Crewe and Nantwich Mr Edward Timpson MP 

Medtrade Products Ltd 149 

E 

Ealing Central and Acton Ms Angie Bray MP 

LOVEFiLM 35 

Edinburgh East Ms Sheila gilmore MP 

Skyscanner 43 

Edinburgh North and Leith Mr Mark Lazarowicz MP 

Maxymiser 36 

Edinburgh South Mr Ian Murray MP 

Pyreos 140 

Edinburgh South West Rt Hon Alistair Darling MP 

Gigle 74 



197

COMPAny InDEX - By PARLIMEnTARy COnSTITUEnCy 

XXXXXX 

198 

F 

Filton and Bradley Stoke Mr Jack Lopresti MP 

Icera 168 

Marine Current Turbines Ltd 19 

G 

Gateshead Mr Ian Mearns MP 

Ethicalsuperstore.com 31 

Eutechnyx 104 

Gloucester Mr Richard graham MP 

Nomad 55/79 

Rainstor Inc 81 

H 

Halton Mr Derek Twigg MP 

ACAL Energy Limited 9 

Hammersmith Mr Andy Slaughter MP 

Espresso Group Limited 30 

Harrogate and Knaresborough Mr Andrew Jones MP 

Neoss 152 


Hayes and Harlington Mr John McDonnell MP 

Halo Insurance 52 

Hertsmere Mr James Clappison MP 

ApaTech 113 

Holborn and St Pancras Rt Hon Frank Dobson MP 

aiHit 89 

Nomad 55/79 

Polytherics 124 

VC-Net 62 

I 

Islington South and Finsbury Ms Emily Thornberry MP 

AMEE 11 

Celona Technologies 69 

Skimlinks 42 

K 

Kensington Rt Hon Sir Malcolm Rifkind MP 

Sterecycle 25 

Kingston and Surbiton Mr Edward Davey MP 

Creativity Software 166 

Quantasol 24 



XXXXXX 

199


XXXXXX 

200 

Salespush.com 59 

Slurp.co.uk 44 

Kirkcaldy and Cowdenbeath Rt Hon gordon Brown MP 

Forth Dimension Displays 72 

L 

Lewes Mr norman Baker MP 

Destiny Pharma 120 

Liverpool, Riverside Mrs Louise Ellman MP 

Arvia Technologies 12 

Yuuguu Ltd 84 

Livingston Mr graeme Morrice MP 

Bloxx Ltd 67 

M 

Manchester Central Mr Tony Lloyd MP 

EpiStem Holdings Plc. 121 

Renovo 127 

N 

New Forest West Mr Desmond Swayne MP 

Sirigen 155 


Newbury Mr Richard Benyon MP 

Arieso 162 

PassivSystems 21 

Newcastle upon Tyne Central Ms Chi Onwurah MP 

Durham Mag-Lev Ltd 92 

Freerunner 171 

North Dorset Mr Robert Walter MP 

New Earth Solutions 20 

North East Hampshire Rt Hon James Arbuthnot MP 

Consilium Technologies Ltd 70 

Fotech Solutions Ltd 134 

North West Norfolk Mr Henry Bellingham MP 

Sealskinz 141 

Nottingham East Mr Christopher Leslie MP 

Monica Healthcare 151 

R5pharmaceuticals 125 

O 

Oxford West and Abingdon Ms nicola Blackwood MP 

Mirada Medical 150 



XXXXXX 

201


XXXXXX 

202 

Syntaxin Ltd 129 

P 

Poole Mr Robert Syms MP 

AeroThermal Group Limited 10 

Poplar and Limehouse Mr Jm Fitzpatrick MP 

Control Circle 71 

IntelliQ Ltd 97 

R 

Reading West Mr Alok Sharma MP 

Antix Labs Ltd 161 

Neverfail Group 54 

Ribble Valley Mr nigel Evans MP 

Plant Impact 23 

Richmond Park Mr Zac goldsmith MP 

Garlik 96 

Notonthehighstreet.com 39 

Stanmore Implants Worldwide 156 

Romsey and Southampton North Ms Caroline nokes MP 

Symetrica 142 


Vantia Therapeutics 130 

Ruislip, Northwood and Pinner Mr nick Hurd MP 

CSL Dualcom 91 

Runnymede and Weybridge Rt Hon Philip Hammond MP 

REDTRAY Ltd 58 

The Weybridge Club Ltd 109 

S 

Saffron Walden Rt Hon Sir Alan Haselhurst MP 

Cellzome 118 

Salisbury Mr John glen MP 

Nanosight 99 

Sedgefield Mr Phil Wilson MP 

re:innervate 126 

South Cambridgeshire Rt Hon Andrew Lansley MP 

ip.access 169 

Nujira 80 

Zinwave 64 



XXXXXX 

203


XXXXXX 

204 

South East Cambridgeshire Mr James Paice MP 

Astex Therapeutics 115 

Opencloud 170 

South Northamptonshire Ms Andrea Leadsom MP 

Intamac Systems 77 

South West Surrey Rt Hon Jeremy Hunt MP 

Elateral 29 

Southampton, Test Dr Alan Whitehead MP 

Bowman Power 13 

Stirling Rt Hon Anne Mcguire MP 

Cascade Technologies 15 

Stoke-on-Trent North Ms Joan Walley MP 

Whelan Refining Ltd 26 

Swansea East Ms Sân James MP 

CyDen 145 

T 

Tewkesbury Mr Laurence Robertson MP 

Novelpolymers.com 139 


The Cotswolds Mr geoffrey Clifton-Brown MP 

Tinglobal 82 

V 

Vauxhall Ms Kate Hoey MP 

First Care 146 

Gambling Compliance 95 

Livebookings 33 

The Gym 108 

W 

Wantage Mr Edward Vaizey MP 

BioVex 116 

Chroma Therapeutics 119 

Helveta 18 

Nexeon 138 

Omprompt 57 

Oxford BioTherapeutics 122 

Oxitec Limited 123 

Warley Rt Hon John Spellar MP 

Midland Industrial Glass 137 

Wentworth and Dearne Rt Hon John Healey MP 

Metalysis 136 



XXXXXX 

205


206 

West Worcestershire Ms Harriett Baldwin MP 

Steritrox 128 

Wimbledon Mr Stephen Hammond MP 

Streetcar 107 

Winchester Mr Steve Brine MP 

Exosect 17 

Windsor Mr Adam Afriyie MP 

Provexis 154 

Woking Mr Jonathan Lord MP 

Evo Electric 133 


Company xxxxxx map 

Britain’s 

Hot 

Talent 

2010/11 

3 

66 

9 

Hot Talent in the UK 

208 

122 

63 65 90 13 93 139 

140 

209 

89 

23 

78 

t: 020 7420 1800 e: bvca@bvca.co.uk w: bvca.co.uk t: 020 7420 1800 e: bvca@bvca.co.uk w: bvca.co.uk 

125 85 

107 87 37 62 94 95 

26 

130 

102 

34 

14 92 

59 

103 

58 61 70 

21 

16 

49 

138 12 

104 54 

116 71 

100 

1 

40 110 

133 

73 135 

76 

42 43 

36 51 

82 

60 

109 

75 

106 80 

112 

18 19 20 

33 

Company xxxxxx map 

57 

134

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