Outside of London, Manchester stands as the second-biggest startup hub for tech startups in the UK, housing over 1,600 new ventures and fostering a vibrant ecosystem of innovation. A combination of world-class universities, a supportive business ecosystem, and a growing network of investors has made Manchester an ideal breeding ground for new ventures. As more entrepreneurs flock to the city, Manchester’s startup scene is quickly gaining recognition on the global stage.
From digital transformation in fintech to pioneering sustainability initiatives and groundbreaking advancements in artificial intelligence, a new wave of forward-thinking companies has emerged. As they continue to grow, they are not only contributing to the city’s reputation but they are also making a significant impact on industries both locally and globally.
For this article, we have identified 10 standout early-stage startups based in Manchester, all founded within the past three years, showcasing outstanding potential for 2024 and beyond and making them well worth watching.
Artic: Launched in 2021, this project management startup provides software designed to meet the evolving demands of offsite construction within the construction and manufacturing sectors. Offsite construction improves building production processes, material usage, and long-term energy efficiency. The software enhances project coordination by streamlining workflows, optimising resources, and ensuring deadlines are consistently met. Supported by €1.8 million in funding, the startup is advancing the platform’s features, refining its user interface, and boosting productivity, all with the aim of delivering superior outcomes for the construction industry.
Boshhh: A fintech startup founded in 2022, has secured €1.2 million in funding to provide users with innovative financial tools aimed at improving credit scores. Addressing gaps in traditional credit-building, the company combines expertise with technology to empower individuals to take control of their financial futures. Its platform goes beyond tools by educating users and promoting sustainable financial well-being. Committed to inclusivity and growth, the startup aims to become a leader in advancing financial literacy and accessibility through its comprehensive approach.
Cytix: Founded in 2022, this cybersecurity company offers an AI-driven platform for intelligent vulnerability testing. The system monitors changes in an organisation’s technology stack—such as pull requests, new vulnerabilities, or server deployments—and determines the optimal times and methods for testing. By combining automation with manual testing, Cytix sequences tasks to minimise delays in identifying vulnerabilities. Backed by €2.7 million in funding, the platform ensures streamlined vulnerability resolution and robust security testing, providing organisations with an efficient and proactive defence mechanism.
ForthStar: Founded in 2023, this gaming startup is dedicated to delivering engaging, free-to-play experiences. Players can enjoy games at no cost, with optional in-game purchases providing a source of additional revenue. By embracing this model, the company aims to balance accessibility with sustainable growth. Backed by €9.4 million in funding, the startup plans to advance its technology and expand its presence in the competitive gaming industry, offering captivating experiences while scaling its reach and innovation.
Imperagen: Founded in 2021, this innovative startup merges advanced AI with biotechnology to revolutionise enzyme engineering, creating more efficient and sustainable solutions. The company focuses on enhancing enzyme performance, which is critical in pharmaceuticals, agriculture, and manufacturing sectors. With €4.2 million in funding, Imperagen is advancing its research and development efforts, pushing the boundaries of biotechnology. By integrating AI, the company accelerates the discovery process and achieves more precise enzyme designs. Its mission is to harness artificial intelligence to address complex biological challenges.
Ittybit: Founded in 2021, Ittybit is an API platform designed to simplify the management of rich media in applications. Backed by €1.9 million in funding, it equips developers with essential tools for uploading, storing, transforming, and extracting data from various media types, including video, music, and images. By streamlining the handling of multimedia content, Ittybit enables developers to integrate complex media features into their applications seamlessly. The platform facilitates smooth interaction with video, audio, and image files, offering a comprehensive range of functionalities that enhance both developer efficiency and the user experience. Through its innovative approach, Ittybit aims to improve rich media management across diverse platforms.
Linkup: Founded in 2021, this social media and app platform aims to redefine how people meet and interact by fostering authentic, real-world connections. Backed by €816k in funding, the startup encourages users to explore activities and locations, connecting with like-minded individuals for meaningful in-person experiences. By bridging the gap between virtual interactions and real-world engagement, Linkup provides a solution for those seeking genuine social experiences beyond traditional digital platforms, promoting exploration and shared interests as the foundation for stronger connections.
Made With Intent: Founded in 2023, this innovative startup empowers retailers to optimise their marketing strategies by swiftly identifying customer intent through data-driven insights. Backed by €1.8 million in funding, the company enables businesses to boost sales by analysing engagement strategies and facilitating better decision-making. Its platform simplifies connecting with audiences in a personalised and meaningful way, making it a valuable tool for enhancing customer understanding and driving success. With a customer-centric, data-driven approach, Made With Intent aims to help retailers remain competitive in an ever-evolving marketplace.
Versori: Founded in 2022, this innovative startup specialises in AI-driven data integration and automation solutions tailored for enterprises. Its flagship product, Switchboard, facilitates seamless system connections without the need for coding, streamlining workflows and enhancing efficiency. The software simplifies complex internet infrastructures, offering scalable, reliable, and intuitive tools for industries such as eCommerce and supply chains. Backed by €13.8 million in funding, Versori is set to expand its offerings and solidify its position as a leader in mission-critical software solutions.
Zally: Founded in 2022, Zally has raised €1.2 million to enhance client security through cutting-edge biometrics and AI technology. The innovative startup has developed an advanced platform leveraging powerful AI algorithms for real-time monitoring and continuous protection. Zally’s solution prioritises robust identity verification to address the increasing security demands of the digital world. Designed to be reliable, scalable, and efficient, the platform serves multiple industries, setting new benchmarks for safety in biometrics and AI-driven security solutions.
By the way: If you’re a corporate or investor looking for exciting startups in a specific market for a potential investment or acquisition, check out our Startup Sourcing Service!
Read the orginal article: https://www.eu-startups.com/2024/11/manchesters-tech-revolution-innovation-and-startups-shaping-the-future/
