• Browse Sector
  • Browse Date


July 2022

June 2022

May 2022

April 2022

March 2022

February 2022

January 2022

December 2021

November 2021

October 2021

September 2021

August 2021

July 2021

June 2021

May 2021

April 2021

March 2021

February 2021

January 2021

December 2020

November 2020

October 2020

September 2020

August 2020

July 2020

June 2020

May 2020

April 2020

March 2020

February 2020

January 2020

November 2019

October 2019

September 2019

August 2019

July 2019

June 2019

May 2019

April 2019

March 2019

February 2019

January 2019

December 2018

November 2018

October 2018

September 2018

August 2018

July 2018

June 2018

May 2018

April 2018

March 2018

February 2018

January 2018

December 2017

November 2017

October 2017

September 2017

August 2017

July 2017

June 2017

May 2017

April 2017

February 2017

January 2017

December 2016

Startup Cities: Manchester

Categories: Digital and Technology

Digital culture is booming in the northern UK city, which has the highest amount of digital-sector jobs outside of London.

The city that kick-started the Industrial Revolution is reinventing itself as a startup machine. According to a 2016 report by the government-funded initiative Tech North, Manchester has become a major tech hub.

"The focus on the northern economy has helped," says Anne Dornan, head of innovation at the Manchester Science Partnerships business centre. "But many businesses chose Manchester because of its culture and quality of life."

As of 2016, Manchester had just under 52,000 digital-sector jobs. This is higher than any UK city outside of London. Access to graduates from the area's three universities, along with an extensive public-transport network, are key factors behind Manchester's rise.

Another reason is "north-shoring": a neologism used to describe startups and corporate firms relocating from London to cheaper-but-catching-up-fast Manchester. But, although investment platform Crowdcube and GP Bullhound have recently opened offices in the city, securing funding from local sources is something that most startups in the city still struggle with.

Companies are concerned that they'll run out of graduate recruits. "Founders are wondering where they're going to get the next ten staff," says Richard Gregory, director of Tech North. "That's why Brexit is obviously a concern here."

The top five startups in Manchester


The fashion site has experienced huge growth: from August to December 2016, its revenues rose 55 per cent.

Founded: 2006
Investment raised: £300 million, following an IPO in 2014
Founders: Mahmud Kamani and Carol Kane


This startup provides a service for creating digital invoices.

Founded: 2014
Investment raised: £1.25 million in funding and £5 million in debt financing
Founders: Paul Haydock, Jon Grove and Tim Borden


Backed by retailer John Lewis, DigitalBridge combines VR and computer vision to help people visualise new décor in their homes.

Founded: 2013
Investment raised: £1.1 million
Founder: David Levine

Peak (formerly Brainbow)

Peak uses machine learning to analyse data and extract strategic insights. Customers include Morrisons.

Founded: 2014
Investment raised: £1 million
Founders: Richard Potter and David Leitch


This fintech platform provides loans to small businesses that need quick liquidity for minor expenses.

Founded: 2010
Investment raised: £26.8 million
Founders: Anil Stocker, Ilya Kondrashov and Charles Delingpole

Source wired.co.uk

Follow MIDAS