ion Ventures today announced that it ranked number 19 in the 2024 Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK and within that came 4th in the Cleantech category.
Rankings are based on percentage revenue growth over the last three years. ion Ventures grew 2,082% during this period.

Hassen Bali, Co-founder of ion Ventures said: “This is such an incredible achievement and a truly proud moment for all of us at ion Ventures. We are honoured to have received this award as it underscores our commitment to advancing renewable energy and sustainable solutions globally. Being acknowledged among the top innovators in cleantech is a true reflection of our team’s continued hard work and passion for advancing the transition to net zero.”

Kiren Asad, lead partner for the Deloitte UK Technology Fast 50 programme, said: “We continue to see the resilience of the UK’s technology sector, demonstrated clearly from the impressive growth amongst this year’s Fast 50 winners. Amidst challenging economic conditions, these businesses have navigated their way to growth through tenacity, talent, and innovation in what remains a competitive market. I would like to extend my congratulations to all of the winners.”

The 50 fastest growing UK technology companies, as ranked by Deloitte, generated £1.93bn in total annual revenues in the year 2023/24. The Deloitte UK Technology Fast 50 recorded an average three-year growth rate of 2,468 per cent.

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About the Deloitte UK Technology Fast 50
The Deloitte UK Technology Fast 50 is one of the UK’s foremost technology award programmes. Now in its 27th year, it is a ranking of the country’s 50 fastest-growing technology companies, based on revenue growth over the last three years. The UK Fast 50 awards are all about growth driven by leading intellectual property and are a celebration of innovation and entrepreneurship. Previous winners have come from across the UK, are both large and small, and included some of the most dynamic players in all areas of technology, from IoT to BioTech, digital media technology to life sciences, FinTech to software and clean energy to telecommunications. For more information visit www.deloitte.co.uk/fast50