9 Top Startups in London to Watch in 2024
Last Updated: By Michaela Dale
It’s no secret that London is a hotspot for startup innovation. Startup founders and their teams are disrupting industries from music tech to renewable energy, delivering solutions and products with big impact in London and beyond. These are the top startups in London that are changing their industries for the better in 2024.
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Best London Startups
Every year, new startups pull to the forefront of their industry through exciting innovation and industry-disrupting business models. We’ve rounded up the best London startups of 2024 that startup lovers, investors, and aspiring entrepreneurs should follow.
Disclaimer: With so many exciting startups launching and growing worldwide, we aren’t able to cover them all. Furthermore, the startups that are listed below are not officially ranked and are listed in no particular order.
1. Dice
- Industry: Music Tech
- Founders: Phil Hutcheon
- Founded In: 2014
- Funding: $65 Million
- Investors Include: SoftBank Group, Structural Capital
Booking live or virtual events can be a headache. Dice has reimagined the way fans book their shows with a sleek, easy-to-use platform for discovering and booking events in Europe, Australia, the United States, and India.
2. Field
- Industry: Climate Tech, Greentech
- Founders: Amit Gudka
- Founded In: 2020
- Funding: $250 Million
- Investors Include: Giant Ventures, DIF
On a mission to provide the infrastructure needed to create renewable energy on a global scale, Field is a green tech startup that started in 2020 and is already making big strides in its goal. The startup offers a vertically integrated infrastructure solution built to help the entire globe reach ‘net zero’ by overcoming the roadblock of infrastructure.
3. Zepz
- Industry: Fintech
- Founders: Catherine Wines, Ismail Ahmed, Richard Igoe
- Founded In: 2010
- Funding: $699.7 Million
- Investors Include: Felix Capital, Peak Capital
Access to money transfers while living abroad can be difficult to find. Zepz is a fintech startup with a payment solution allowing customers to transfer money using a desktop or mobile device at a low cost compared to traditional money transfer companies.
4. Thought Machine
- Industry: Fintech
- Founders: Paul Taylor
- Founded In: 2014
- Funding: $562.8 Million
- Investors Include: Molten Ventures, Playfair Capital
Thought Machine develops native cloud banking technology that aims to eliminate banks’ dependence on outdated IT products. Their primary products, Vault Core and Vault Payments, provide innovative core banking and payments solutions built natively on the cloud.
5. Lindus Health
- Industry: Healthtech, Healthcare, Biotech
- Founders: Meri Beckwith, Michael Young, Nik Haldimann
- Founded In: 2021
- Funding: $24.5 Million
- Investors Include: Seedcamp, Valar Ventures
Lindus Health is a platform for the improvement of clinical trials. Everything from study design, recruitment, delivery, and support services are included on the platform to deliver much-needed clinical trials and expedite medical research.
6. Tandem
- Industry: Green Tech, Fintech
- Founders: Matt Cooper, Michael Kent, Ricky Knox
- Founded In:2013
- Funding: $188 Million
- Investors Include: Quilam Capital, Ascension
Tandem is a green tech, fintech hybrid startup built to use banking for a more sustainable future. Tandem customers have access to banking and financial management solutions that help them borrow, save, and spend their money while providing impactful resources to help them lower their carbon footprint.
7. Dronamics
- Industry: Mobility
- Founders: Konstantin Rangelov, Svilen Rangelov
- Founded In: 2014
- Funding: $64.6 Million
- Investors Include: SpeedInvest, SeedBlink
Dronamics is an aeronautics startup democratizing airfreight and lowering shipping costs by creating a small, unmanned cargo airplane. The plane is monitored and controlled through satellites at a lower cost and fuel efficiency than traditional cargo planes.
8. Entia
- Industry: Healthcare, Healthtech
- Founders: Millie Clive-Smith, Robert Balfour, Toby Basey-Fisher
- Founded In: 2014
- Funding: $33 Million
- Investors Include: Parkwalk Advisors, Business Growth Fund
Entia is increasing accessibility to blood testing by creating an alternative to traditional lab testing that allows people with cancer to monitor their blood counts at home. This allows patients to get real-time information and receive personalized treatments.
9. Updraft
- Industry: Apps, Fintech
- Founders: Aseem Munshi, David Yalland, Matt Millar
- Founded In: 2017
- Funding: $241 Million
- Investors Include: Quilam Capital
Updraft is a fintech startup offering lending, credit reporting, and planning geared toward millennials to empower them to better manage their money. With their easy-to-use app, users can lower the cost of their credit and make better financial decisions.
Recommended: Check out our full list of the top startups to watch!
