New tech investments into West Midlands announced

Six high-growth technology companies - Voilo, carbonTRACK, Apptegy, Mind & Matter, Primacy and Fincra - have announced investments into the West Midlands after the end of Birmingham Tech Week.

The announcements will bring up to an initial 73 new jobs to the region, across a range of roles, with further job creation expected over the coming years.

The investment announcements, which span the fintech, smart energy and edtech sectors, are a further demonstration of the West Midlands ' status as a global innovation hub. A 2021 government-commissioned report also revealed that the West Midlands is home to the UK 's fastest-growing regional tech cluster and largest spread of emerging technologies.

Included in this tranche of investments is carbonTRACK, an Australian smart energy and IoT solutions company. After choosing Birmingham as the location for its UK headquarters in 2019, carbonTRACK has announced that it projects recruiting up to fifteen additional people in the city in 2023.

Birmingham-based mobile payments company, Voilo, is also among the new investors into the region. The business is broadening the ease, pace and affordability of digital payments for charities and micro-SMEs in the region, taking on an additional eight employees by April 2024.

Apptegy, a US edtech company specialising in website and app development for schools, has announced that it will open a new UK headquarters in Birmingham. The investment will create an initial eight jobs.

India-based edtech company, Mind & Matter, is expected to bring twelve jobs to the region as it establishes a new international office in Birmingham. Mind & Matter is participating in the West Midlands Growth Company 's Global Growth Programme - a support package for international companies looking to grow in the UK.

Primacy, a Singapore-based RegTech company, specialising in ESG data, scoring and reporting, and international payments solutions provider, Fincra, have also been awarded places on the West Midlands Global Growth Programme.

Ian Ward, leader of Birmingham City Council, said: “This is a golden decade of opportunity for Birmingham and these important investments reinforce that the city is the UK 's standout location for innovation and digitally-integrated expertise. ”

Uzoamaka Pauline Okoro, Fincra 's chief operating officer, said: “The prospect of a partnership between our talents in the Midlands and Africa excites us. We already have a fantastic team we work with in Africa, and we can 't wait to share and learn from our new team in Birmingham. ”