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This article was published on April 4, 2016

    Tech5 UK: Kano named the UK’s fastest growing tech startup

    Tech5 UK: Kano named the UK’s fastest growing tech startup
    Matthew Hussey
    Story by

    Matthew Hussey

    Commissioning Editor

    Matt Hussey was the former Editor-in-Chief for The Next Web. Previously he worked on the launch of Wired UK, ShortList and Mr Porter. He's b Matt Hussey was the former Editor-in-Chief for The Next Web. Previously he worked on the launch of Wired UK, ShortList and Mr Porter. He's been an active contributor to GQ, FHM, Men's Health, Yahoo, The Daily Telegraph and maintains a blog on Huffington Post

    Congratulations to Kano, the company that makes computers anyone can build from scratch, on being named the fastest-growing startup in the UK.

    Speaking about the win, Alex Klein, the CEO and co-founder of Kano said:

    We’re thrilled to have won this award. We’re actually really surprised to have won this considering the calibre of the competition here tonight. We can’t wait to come to Amsterdam and appear on stage at The Next Web’s next conference.

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    TNW and Adyen hosted the UK awards event last night at London’s Hixter Bankside where the five finalists Kano, FesticketBloom and WildMyShowcase, and Crowdcube explained the mission behind their businesses before sitting down to dinner.

    The aim of Tech5 is to identify Europe’s fastest-growing young tech companies. Finalists are chosen by their growth rate between 2013 and 2015 based on actual revenue and employee data. Each company must offer its own scalable tech-driven product or service, be less than five years old and have revenue in excess of €200,000.

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    “The UK is the home of hundreds of thousands of bright entrepreneurs who are working towards creating something unique,” said Myles Dawson, Adyen UK country manager.

    Tech5 is proof of the excellent results these companies have achieved and we are honoured to be supporting them in their journey towards global growth.

    Honorable mentions

    British startups that didn’t make the top five, but were in attendance were VeeqoDuedil, Vector Watch, TransferGo and Ometria Data.

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    The UK event was the second of the European regional finals which will be continuing in Berlin, Paris, Barcelona and Stockholm in the coming weeks. Each of the regional winners will then go on to attend the final European event at The Next Web Conference in Amsterdam next month.

    You can keep track of all the startups mentioned here and across all cities on Index.