The latest cohort of the Future Fifty programme, announced by Tech Nation at an event hosted by Prime Minister Keir Starmer and Finance Minister Rachel Reeves at Number 10 Downing Street, highlights 25 dynamic UK scaleups that are driving innovation across industries like fintech, AI, climate tech, and deeptech. The programme has already supported over 1,000 UK companies, including unicorns such as Revolut, Wise, and Monzo, providing growth support and facilitating international investor connections.
This year’s cohort includes companies that have collectively raised over £3bn and employ more than 1,800 people. Among the 25 selected, 18 are based in London, with the remainder based in Belfast and Edinburgh. Ten of the companies are fintechs, and six are focused on climate tech. The companies selected have demonstrated significant growth, typically raising Series B funding, generating at least £5m in revenue, or achieving 50% year-on-year growth.
Here’s a look at the 25 companies in the 2025 Future Fifty cohort:
1. Abound
A London-based fintech that leverages AI and open banking to provide affordable loans. Abound raised £500m in Series B funding and reported £68.5m in revenue for the year ending February 2025.
2. AI Pal
An AI-driven platform transforming customer engagement, AI Pal raised $30m in Series A funding. The company aims to revolutionize how businesses interact with customers using AI.
3. BeZero Carbon
A climate tech company specializing in carbon credit assessments. BeZero Carbon raised $32m in Series C funding and is changing the voluntary carbon market landscape.
4. BenevolentAI
BenevolentAI focuses on using AI to speed up drug discovery and development. It raised $100m in Series C and is pioneering advancements in biotech and healthtech.
5. Benevolent Financial
A fintech startup working to bring financial inclusion to underserved communities. Benevolent Financial raised £10m in seed funding to expand its offerings.
6. Bot MD
Bot MD uses AI to support doctors with medical decisions. With £15m in Series A funding, it helps healthcare professionals provide better patient care through AI-based solutions.
7. Catagen
This climate tech company, based in Belfast, focuses on emission reduction technology. Catagen raised £20m to expand its clean tech solutions.
8. Chatterbox
A London-based AI company transforming call centers with intelligent automation. Chatterbox raised $25m in Series B funding.
9. Cohere
Cohere is an AI startup developing large language models. With $40m in Series B funding, it is competing with tech giants to revolutionize the AI space.
10. Contigo Health
Contigo Health uses AI and data analytics to improve healthcare outcomes. The company raised £50m in Series B funding to continue its expansion.
11. Coral.ai
An AI-driven startup based in London, Coral.ai specializes in natural language processing for businesses. Coral.ai raised $30m in funding to enhance its platform.
12. DigitalBridge
DigitalBridge, a deep-tech startup, focuses on providing cloud computing and AI infrastructure. With $50m in funding, it helps businesses scale their technology stacks efficiently.
13. ElevenLabs
This AI-driven voice generation platform raised $180m in Series C, reaching a valuation of $3.3bn. ElevenLabs enables companies to convert text into speech with emotional depth and intonation.
14. Elucidat
A learning tech startup helping companies create scalable, responsive e-learning content. Elucidat raised £30m in Series A to enhance its content creation capabilities.
15. Freetrade
Freetrade offers commission-free stock trading and investment tools. With £100m in Series B funding, the company is expanding its presence across Europe.
16. Green Lab
This climate tech company is focused on developing sustainable solutions for waste management. Green Lab raised £5m in funding to support its green innovations.
17. Hummingbird
Hummingbird’s AI platform enhances business operations through intelligent automation and data-driven decision-making. The company raised £25m to scale its solutions.
18. Lawhive
An AI-powered platform that assists lawyers with workflow management, compliance, and payments. Lawhive raised $40m in Series A funding to expand its legaltech offerings.
19. Lumo
Lumo is an AI-powered healthtech company focusing on mental health and wellness. It raised $50m in Series B funding to expand its personalized care solutions.
20. Lumen
This fintech startup is transforming the way businesses handle their finances using AI. Lumen raised £15m in Series A funding and is on track for rapid expansion.
21. MindsDB
MindsDB is revolutionizing machine learning by making it accessible to all industries. The company raised £20m to expand its machine learning solutions.
22. Onfido
Onfido specializes in identity verification technology, helping businesses manage digital security. The company raised £100m in Series C funding and is expanding globally.
23. Revolut
A fintech leader offering a range of digital banking services. Revolut has raised over $800m in Series D funding and continues to scale globally, serving millions of customers.
24. Skyscanner
Skyscanner is a leading travel search engine, offering personalized travel recommendations. The company raised £50m to enhance its platform and expand globally.
25. Wise
Wise offers transparent, low-cost international money transfers. The company raised $80m in Series D funding to continue its growth and expand its services.king of major investors like Andreessen Horowitz and Salesforce Ventures.
