We are delighted to share the news that we have won the prestigious “Best Early Stage Investment in Disruptive Tech” Award from the UK Business Angels Association (UKBAA). The awards ceremony, which took place at the Tower of London Pavilion last night, celebrates the achievements of some of the UK’s most exciting angel-backed businesses and angel investors.
The award was sponsored by the Technology Strategy Board and we were shortlisted with eight other finalists following judging from a high-level panel of judges. As a nominee, we had to demonstrate that the Arachnys technology has strong innovative/disruptive capability, addresses a key market, and has the capacity to achieve high growth.
The award-win is in recognition of our continued investment in innovation and commitment to improving compliance and due diligence checks worldwide through the use of human expertise and cutting edge technology. We would like to thank all our backers and users for their continuing support during these exciting times for Arachnys.
Ahead of the awards, David Bott, Director of Innovation Programmes at the Technology Strategy Board, commented: “Taking a disruptive innovation from concept to commercialisation requires technical expertise, entrepreneurial flair, market awareness and supportive investment, and we are pleased to support this award as a way to recognise some of the great teams that are laying the foundations for economic growth.”