Industry Insights

The Dynamites 17 awards: congratulations to Atom Bank & Hive.HR!

The Dynamites 17 awards, sponsored by BT, took place in Newcastle’s Civic Centre last week.

An annual event, the Dynamites recognise successful North East organisations and highlight some of the most promising talent in our region - and we were over the moon to see two of our portfolio companies, Atom Bank and Hive.HR, receive awards for their brilliant work over the past year!

The awards

The Dynamites 17 awards logo

The annual Dynamite awards look to recognise the fantastic growth the regional IT sector has seen, driven by the talent that is emerging in the North East.

Held around an evening of entertainment and celebration, awards are given to businesses both large and small that have excelled in the last year.

With nine categories and 11 awards, the competition is always fierce within every category, with each business showing outstanding impact and progress in their development.

Success for our portfolio companies

Perfectly showcasing the high impact and high growth that's celebrated at the awards, Atom Bank and Hive.HR were amongst the award winners, both of who are Growth Capital Ventures portfolio companies.

With the companies at different stages of their growth, each are extremely deserving of their respective awards, and celebrations and recognition is undoubtedly due!

Atom Bank: Outstanding Achievement Award

Atom Bank's 'Outstanding Achievement' award at the Dynamites 17 Awards

Awarded the prestigious BT-sponsored 'Outstanding Achievement' award, Durham-based Atom Bank is one of the leading challenger banks.

Providing an app-only model that is disrupting the banking sector, they offer a personalised, simple banking experience that's available at all times, everywhere.

This award is a recognition of the work Atom have done in growing to a leading challenger bank and highlighting the incredible potential in the North East.

After investing into Atom early in their growth, Growth Capital Ventures were able to participate in a round earlier this year to aid in the next stage of their ambitious plans.

Hive.HR: New Business Of The Year Award

John Ryder of Hive.HR

Hive was awarded 'New Business of the Year', an award sponsored by Sage that recognises the promising growth demonstrated by Hive since launching their employee engagement platform early last year.

As a software-as-a-service (SaaS) business, Hive provide businesses with the tools, support and expertise to measure, understand and improve employee engagement.

Founded and grown in Newcastle, Hive utilises the deep pool of talent available in the region to create and develop the platform, simultaneously helping other businesses to improve through better engagement.

Having successfully raised their first SEIS-eligible round of growth capital through GrowthFunders in April 2016, Hive are now looking to return for a second round and accelerate their growth plans.

Supporting the North East

It is always exciting when we're able to celebrate the businesses and talent that are driving growth in the North East - even more so when those companies are ones we've had the pleasure to work with.

The awards are organised by Dynamo, the North East industry led initiative that focuses on the growth of the region's IT sector.

Made up of IT organisations and employers supported by technology hubs, educational institutions, local government offices and employer support initiatives, Dynamo provide a focal point for regional IT growth. It promotes our region externally, developing skills and education whilst supporting regional research and development.

Huge congratulations to Atom and Hive, as well as to all of the other winners on the night.

Start to raise investment for your company today Atom awards image courtesy of @AtomBank

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Growth Capital Ventures (GCV) is backed by funds managed by Maven Capital Partners, one of the UK’s leading private equity and alternative asset managers.