Unbabel named in top three ‘hottest’ European scale-ups at TNW Conference 2019

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Unbabel named in top three ‘hottest’ European scale-ups at TNW Conference 2019

Thu, 05/09/2019 - 10:10
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·         ‘Tech5’ Awards shortlisted 100 entries

·         Unbabel runner up to Danish company ‘Too Good To Go’

·         Unbabel CTO João Graça attended the ceremony

London, UK; Lisbon, Portugal. 9th May 2019. Unbabel, the leading enterprise multilingual support provider, has been named as one of Europe’s top scale-ups as part of the ‘Tech5’ Awards at TNW Conference 2019.

The Tech5 is a yearly competition organised by TNW and Adyen. It showcases the hottest young scale-ups in all European countries and Israel based on their performance, growth, and potential. Criteria include notable investment rounds, team growth, media coverage and social impact.

100 companies gathered in Amsterdam for the final stage of the awards. Unbabel was named as a runner-up alongside Belgian company Unifly, with Danish company Too Good To Go winning top prize.

Tech5 alumni finalists have collectively raised more than €13B in funding over the last five years.

Roelant Prins, Chief Commercial Officer of Adyen commented: “The level of innovation we have seen at this year’s Tech5 has reached new heights. Once again European businesses have showcased themselves as world-leaders, demonstrating creativity and disruption in a wide spectrum of industries. This year’s expanded Tech5 competition looked beyond pure growth numbers to account for other key elements that make a successful business.”

Vasco Pedro, CEO of Unbabel, commented: “I’m delighted that we’ve been recognised by TNW and Adyen in this way. Europe is famous for its thriving start-up and scale-up scene, so featuring among the top three is a real honour. Congratulations to the winners and everyone who was selected as a finalist at the awards.”