The Intellectual Property League Table sees photonics specialists M Squared retain top spot amidst a raft of new entrants.
Moving up to second place was P2i, a company specialising in liquid repellent nanocoatings, which improved on its third-place finish in 2017. Kromek, a company developing radiation detection solutions, completed this year’s top three following a marked improvement in its intellectual property (IP) management from last year.
ArchOver, a peer-to-peer business lending platform that has facilitated in excess of £65 million of funding since its incorporation in 2014; and Haseltine Lake, European patent and trade mark attorneys, joined the line-up of existing IP100 sponsors, including Clydesdale & Yorkshire Bank, and Safeguard IP.
The IP League Table ranking process is based upon the assessment of five IP asset classes – brand & reputation, patents, critical databases, software and trade secrets . These were chosen to highlight companies that are using their IP assets to create effective barriers to entry and the competitive advantages needed for growth and international expansion.
The 85-strong team at M Squared produce advanced laser platforms supporting cutting-edge physics research. Founder and CEO Dr Graeme Malcolm founded M Squared in 2006, with his business partner Dr. Gareth Maker.
They export lasers throughout Europe, the USA and Asia, where their customers vary from world-leading universities and specialist public research institutions to high-value manufacturing firms.
Material science and engineering firms swooped in to scoop four of the top five places in the patents asset class.Furthermore, IP100 entrants representing sectors as diverse as food & drink and retail all took their place in the table.
Stephen Robertson, director and founder of Metis Partners, said: “This has been a remarkable year with an ever-increasing cohort of smart, dynamic and innovative SMEs. Entrants have ranged from micro-businesses to £50 million AIM-listed companies. The profile of the IP100 rankings has grown significantly through strategic alliances with top level partners including the London Stock Exchange Group and its ELITE programme.
“We will continue to run our hugely successful IP100 Club events, which this year have attracted almost 500 individuals to events in Glasgow, Edinburgh, Birmingham and London.”
Stephen added: “It is great to see the IP100 entrant pool grow year on year, and we were pleased to hit the 150th entrant earlier this year.
“Our target for 2018 is to reach 250 fast growing IP-rich companies and we are confident the continued success of our entrants combined with our internationalisation plans and our inaugural IP100 Awards dinner, will drive us on towards that target.”
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