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Ten business in the South East shortlisted in UK Tech Innovator race

The Business Magazine article image for: Ten business in the South East shortlisted in UK Tech Innovator race
20 June 2023

KPMG, a multinational professional services network with offices in Reading, has announced a shortlist of ten local tech businesses that will go head-to-head in a bid to be crowned the 2023 Tech Innovator in the UK.

The companies listed were announced through KPMG's Emerging Giants practice and are as follows:

Lumai: Optical computing and machine learning experts from Oxford. A spinout company from Oxford University.

Electrogenos: Tech and manufacturing start-up again from Oxford. Electrogenos is focused on developing next-generation alkaline electrolysis.

Cognitant Group: The final startup from Oxford on this list. A health care company aiming to 'provide people with personalised, accessible and trustworthy health information and digital services'.

Novai: A biotechnology start up from Reading that specialises in developing DARC technology. DARC Technology is an exploratory retinal biomarker for use in AMD & glaucoma clinical studies.

Tepeo: An energy equipment and solutions company from Winnersh. Tepeo was founded in 2018 and has since gone on to create the ZEB (Zero Emissions Boiler), the company is focused on making home heating sustainable.

Biaco: This SME from Hassocks specialises in making clean energy  affordable and available. Biaco's business model is centred around the idea that energy can be released from water and stored in the company's Energy Cell.

Tachmed: A Guildford health care company. Tachmed's devices provide patients with the ability to self-test without any need to book a doctor's appointment.

Uplift360: A Marlow-based greentech startup working in advanced material circular economy with a particular focus on the defence and security sector. Uplift360 creates the chemical technology used to regenerate materials expended by the defence and security sector.

Qdot Technology: A startup from Didcot focused on clean flight. Qdot’s hybrid-electric propulsion systems look to both improve aircraft performance whilst simultaneously producing zero carbon emissions.

Bolt6: Bolt6 is a rapidly growing company focused on 'improving the experience of sport for everyone'. The company uses its portfolio of technology, all of which vary, to improve areas of sport including fan engagement and officiating.

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Companies will not only have the opportunity to be recognised as one of the UK’s most successful technology innovators but the winner and runner up will be provided with entry to KPMG’s Access programme. The Tech Innovator in the UK winner, and the winner in each of the other participating countries, will progress to the Global Tech Innovator final at Web Summit 2023, where they will compete on the global stage.

KPMG Reading office senior partner Emma Gibson said: “Over the last decade, we have seen our competition go from strength to strength as our tech ecosystems across the UK continue to mature, grow and attract many home-grown disruptors. This year we had a record level of applications to the competition, so our shortlisted businesses have already beaten off stiff competition to get to the pitching event in front of the judges.

“We are very excited to meet the teams behind our shortlisted businesses and hear their stories and of course, to discover some hidden gems and showcase the best of innovation in the region.

“Innovation is now firmly on the agenda of businesses and policy makers as a vital contributor to the health and wealth of our economy, and this competition is a great platform to help profile, recognise and celebrate the outstanding technology being developed across the UK and our region.”

Read more - South West and West Midlands business leaders recognised in the King's birthday honours


Tom Kilkelly started working as a freelance journalist for The Business Magazine following his graduation from UCL in 2022.

During his studies Tom became very interested in the works of Irish authors including Samuel Beckett and Flann O'Brien (Brian O'Nolan).

His current role as a freelance business reporter is his first exposure to the world of business journalism. Working at TBM has given Tom the chance to really get to grips with the goings-on in the business hive that is the South East.

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