Drayson Technologies listed in 2017 Tech Tour Growth 50 – Europe’s 50 future unicorns

Drayson Technologies has today been listed in the 2017 Tech Tour Growth 50, featuring among the next generation of Europe’s fastest growth equity-backed technology businesses. Drayson Technologies was selected in recognition of the achievement, impact and momentum of its work in the Internet of Things (IoT) space.

Tech Tour, a platform that facilitates high-tech growth companies to develop strategic relations with investors, together with Silverpeak Investment Bank and in conjunction with a selection committee of international investors, have researched and evaluated over 275 European private tech companies at a sub-one billion US dollar valuation before compiling the Tour Growth 50.

Drayson Technologies has been shortlisted in the 2017 Tech Tour Growth 50 along with other pioneering tech companies such as Soundcloud, SigFox and Darktrace. The company has developed proprietary wireless charging technology and machine learning software to create smart sensor networks that generate actionable insights to improve people’s lives and deliver value to business customers.

In September 2016 Drayson Technologies expanded to Latin America, a fast-growing technology market. Most recently, Drayson Technologies announced a partnership with Oxford University and Oxford University Hospitals NHS Foundation Trust to deploy digital health technologies for the NHS.

Lord Drayson, Chairman and CEO of Drayson Technologies, will be gathering with CEOs of the other shortlisted companies at the annual Tech Tour Growth Forum in Geneva from March 30th – 31st where two companies will be announced as the 2017 Tech Tour Growth Award and Tech Tour Innovation Award winner.

Lord Paul Drayson, Chairman and CEO of Drayson Technologies, said:
“We are honoured to be shortlisted in the 2017 Tech Tour Growth 50, in such illustrious company. It’s testament to the pioneering work we’re carrying out in the IoT space, and we look forward to continue pushing boundaries as our technology portfolio expands into digital health applications.”

William Stevens, CEO, Tech Tour, commented:
“The billion dollar “unicorn” successes that grab our attention are just the tip of the iceberg. The Tech Tour Growth 50 puts the next layer of Europe’s high-tech, high-growth businesses in the limelight. These are Europe’s future potential unicorns – the companies with the most promise to have a global impact. The Tech Tour Growth 50 Companies have created over 9,000 high-tech jobs, raised over $3.7 billion of investment from 309 investors and have an estimated average valuation of $338 million. This is a clear demonstration of Europe’s strength and competitiveness in scaling-up tech businesses.”

“Drayson Technologies is enabling profound changes in digital health and environmental monitoring. It is one of the major emerging success stories, and it will be interesting to watch the company continue to go from strength to strength in the coming months and years.”