Intel Ignite
State of UK Deep Tech 2024
The UK deep tech sector is booming, driven by the rapid growth
of companies in the AI, CleanTech, and quantum sectors.
Explore how deep tech startups are shaping the UK’s economy in our latest report with Intel Ignite.
In collaboration with Intel Ignite, we dive into the UK’s thriving deep tech ecosystem, reshaping industries and addressing global challenges with cutting-edge technologies like AI, CleanTech, and quantum computing.
This report uncovers the remarkable growth of the 5,841 active companies in the sector. Over the past decade, equity investment into these firms has grown significantly, with a collective £37.9b raised in equity funding since 2014.
Explore further in this report, where you’ll discover the total grant funding awarded to deep tech companies, the regional distribution of these firms across the UK, and the wider trends shaping the future of the deep tech sector.
Inside the report
About the authors
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Henry Whorwood Managing Director
Henry leads our Research & Consultancy team, and is an expert on equity finance and high-growth business. He's worked on briefs for the likes of Barclays, SyndicateRoom, Innovate UK, Smith & Williamson and British Business Bank. He regularly gives presentations on market trends at events around the UK.
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Daniel Robinson Senior Research Manager
Daniel conducts data manipulation and analysis as part of the Research & Consultancy team. He has a background in business analysis and commercial copywriting in Australia and the UK, having worked at The Sunday Times Fast Track, Oxford University Press, and advertising network MullenLowe Group.
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Hannah Nicholls Designer
Hannah produces graphic design and data visualisation for the Research & Consultancy team. Since receiving a BA (Hons) in Graphic Design Communications from Chelsea College of Arts (University of the Arts London), Hannah has accumulated over 10+ years of experience within the design industry and has specialised in data visualisation for the last 3+ years.
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Miraj Mistry Research Manager
Miraj handles project management and data analysis. Miraj recently joined Beauhurst, his previous role was with an economic consultancy who specialise in providing socio-economic research and analysis to support infrastructure and transport projects. He holds an MSc in economics from the University of Bristol and a BSc from the University of Leeds.
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