MassChallenge Gave £500,000 Away in No-Equity Grants

Over 700 members of the London startup community gathered on Thursday 22 October 2015 to celebrate entrepreneurship at the first ever MassChallenge UK Awards Ceremony and Fundraiser. The event featured a showcase of the 90 MassChallenge UK startups, pitches from the Top 26, and speeches from Thomasina Miers, Cofounder and Executive Chef of Wahaca, and Azmat Yusuf, CEO and Founder of Citymapper.

Sinclair Fire“Our first year in London has been a huge success and tonight is the culmination of the hard work of our team, mentors and most importantly, our startups,” said MassChallenge CEO and Founder John Harthorne. “This year has set a solid foundation for growth and I look forward to great progress in the years to come.”

The 90 startups from MassChallenge UK now join an esteemed group of alumni, which includes 835 companies from around the world. Since 2010, startups accelerated by MassChallenge have raised $1.1 billion in funding, generated $520 million in revenue and created 6,500 jobs.

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