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These three companies have been named the most exciting and innovative early-stage tech companies in Wales

Tech Nation has listed We Build Bots, Moneyshake and Resooma among its 33 regional ambitious tech entrepreneurs

MoneyShake investment deal, left to right, Tim Scholes (investor), Eban Lovatt chief executive of MoneyShake and David Blake of teh Development Bank of Wales(Image: Dominic Salter)

Thirty-three of businesses have been named as the most exciting and innovative early-stage tech companies in the º£½ÇÊÓÆµ, with three from Wales.

Tech Nation, a º£½ÇÊÓÆµ-wide network for ambitious tech entrepreneurs, revealed the regional winners of its nationwide competition.

We Build Bots, Moneyshake and Resooma have been announced as Wales’ regional winners.

Tech Nation claims Rising Stars is the º£½ÇÊÓÆµ’s only truly national early-stage tech scaleup competition, and it is designed to help the most exciting early-stage tech companies take their business to the next level and become the world-leading tech companies of the future.

Now in its second year, demand for the competition from early-stage founders has seen a 39% rise in applications compared to 2018, demonstrating the value the Rising Stars competition holds for founders at this critical stage of growth.

Gino Brancazio, entrepreneur engagement manager, Wales, Tech Nation commented: “The calibre of tech companies that are going from start-up to scale-up in Wales is making our nation known for being one of the best places to start and grow a tech company. This can be seen not only from the numerous awards that Welsh companies are bringing home, but also from success of companies that are starting to make their mark on the national and international market.

Paul Shepherd founder of We Build Bots(Image: publicity pics)

 

"This year, a record number of companies from across Wales have applied for Rising Stars and I’m very excited to see that We Build Bots, Moneyshake and Resooma will be on stage representing Wales in the regional finals.”

Tech Nation found the average age of a company entering the competition was 2.2 years, with six employees, and 33% of companies have a female founder/co-founder.