The top 7 fast-growing tech startups in Birmingham to watch in 2024

In recent years, Birmingham has solidified its position as a leading startup hub in the UK, thanks to its dependable transport links, abundant supply chain, vibrant community, and a rich talent pool sourced from the city’s five universities.

Last year marked a milestone for Birmingham, with venture capital investments reaching record levels. A significant contributor to this surge was a mega-funding round secured by Conigital, an autonomous vehicle startup, representing one of the largest investments received outside of London within the year.

Although London often garners attention as the preferred destination for entrepreneurs, Birmingham has carved out its own niche of successful startups over the years. In 2023, the city’s startups attracted a staggering £1.7 billion in total funding, demonstrating substantial investor confidence in Birmingham’s innovative potential.

For business owners, aspiring entrepreneurs, or those interested in joining the vibrant scene of Birmingham’s startups, here is a list of the city’s fastest-growing tech startups to keep an eye on:

Conigital

• Founders: Don-Paul Dhaliwal
• Founded Year: 2016 A pioneer in automation vehicle technology, Conigital has been at the forefront of the city’s tech revolution, thanks to its groundbreaking advancements and significant funding achievements.

ThinCats

• Founders: Christopher Rothschild and Kevin Caley
• Founded Year: 2010 ThinCats is revolutionising the finance sector with innovative lending solutions, providing a vital lifeline for SMEs across the country.

Modo Energy

• Founders: Quentin Scrimshire and Tim Overton
• Founded Year: 2019 Specialising in energy data analytics, Modo Energy is empowering businesses with actionable insights to drive sustainability and efficiency.

Clarilis

• Founders: James Quinn and Kevin Quinn
• Founded Year: 2015 Clarilis stands out for its AI-driven document automation platform, which significantly enhances the legal drafting process for law firms and in-house legal teams.

Graide

• Founders: Manjinder Kainth and Robert Stanyon
• Founded Year: 2019 Graide is making waves in the construction industry with its AI and machine learning solutions aimed at improving building design and safety standards.

Adaptavate

• Founders: Tom Robinson
• Founded Year: 2014 Adaptavate is redefining the construction material industry with its innovative and sustainable alternatives to traditional building materials.

Nylah’s Naturals

• Founder: Kameese Davis
• Founded Year: 2011 Championing diversity in the beauty sector, Nylah’s Naturals offers a range of natural hair care products specifically designed for Afro-textured hair.

These startups not only underscore Birmingham’s dynamic tech ecosystem but also highlight the city’s ability to foster innovation and attract investment, making it an increasingly attractive destination for tech entrepreneurs and professionals alike.