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Mike Lynch and Sherry Coutu boost support for aspiring UK tech scale-ups

Sam Shead | June 19, 2015
ScaleUp Group and Scale-up Institute launch to back fast-growing UK tech companies.

Other technology leaders and entrepreneurs to dedicate their support to the ScaleUp Group include: Dr. Steve Garnett, president of EMEA who previously held leadership roles in Siebel and Oracle; Michael Tobin OBE , former CEO of Telecity; Aidan Cooney, founder of Opta Sports Data; Duane Jackson, founder of Kashflow; Stuart Clark, founder of Impendium; Paul Excell, chair of British Computer Society Entrepreneurs and former global executive at BT; Neil Kipling, founder of IDBS and Rob Wirszycz, serial mentor and investor.

The ScaleUp Group said it expects to announce the first companies that will be in its portfolio this autumn.

One company that could well find itself in the portfolio is Cambridge-based cybersecurity startup, Darktrace, which has raised several millions (with the help of Lynch) and received a number of awards, including Techworld's Entreprise Startup of the Year award.

Details on how exactly the Scale-up Institute's platform will support UK technology companies are unclear at this stage but will be added to this story should Techworld receive more information.


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