The inaugural Sunday Occasions 100 Tech league desk was printed on 17 January and options a good break up of software program and {hardware} firms. Third out of the 50 software program firms is UrbanChain, a UK agency which operates a ‘market’ that matches turbines of renewable vitality and customers on a half hourly foundation.
UrbanChain can be certainly one of 17 firms within the league desk led, based or co-founded by a lady.
The Manchester Science Park-based firm has an annual progress charge of 334.39%, and was ranked fourth within the general 100.
Somayeh Taheri, UrbanChain Founder CEO, stated: “To be recognised by one of many world’s main information publishers is a major second for UrbanChain.
“I keep in mind The Occasions together with UrbanChain in its ‘Rising stars collection: the businesses rising quick within the North West’ again in September 2021.
“Taking a look at the place we had been then to the place we at the moment are very a lot symbolises the journey to this point.”
She added: “There’s little question that as we speak, as a staff, we really feel an actual sense of satisfaction. We’ve as soon as once more reached one other necessary stage in our progress and this accolade may be very a lot welcome.”
UrbanChain – whose market matches turbines of renewable vitality and customers on a half hourly foundation, together with personal firms, workplace buildings, industrial websites, native authorities organisations, hospitals and plenty of extra – recorded 10x income progress to £25m in 2024.
The Sunday Occasions 100 Tech reported that UrbanChain was solely certainly one of 4 firms to be worthwhile within the software program prime 10.
It additionally stated: “Somayeh Taheri, 42, Mo Hajhashem, 39, and Ayesha Naureen, 40, began UrbanChain in 2017 to offer a traceable vitality trade for small-scale renewable turbines with clients. Primarily based in Manchester Science Park, it makes use of synthetic intelligence and distributed ledger know-how to match producers and customers, slicing out the facility firms within the center.
“Revenues, which hit £25 million final 12 months, embrace the price of the electrical energy. The corporate secured a licence from the vitality regulator Ofgem to offer electrical energy to non-domestic clients within the UK, and it additionally plans to launch within the US and Eire this 12 months. It’s at present elevating round £50 million, having secured £10.5 million to this point.”
The Sunday Occasions 100 Tech, Britain’s fastest-growing personal know-how firms, is supported by Singer Capital Markets, HSBC Innovation Banking and BDO.
UrbanChain founders and administrators will probably be attending the awards and an invitation-only networking dinner on Thursday, 3 April at The Londoner, Leicester Sq., central London.