Spotlight on Spinouts 2025
Continuing our partnership with the Royal Academy of Engineering, we explore the UK academic spinout landscape.
The fifth edition of Spotlight on Spinouts provides a comprehensive analysis of the 1,609 active UK spinouts. While spinouts represent just 3.21% of the UK’s high-growth company landscape, they continue to outperform their size. In 2024, they secured £2.60b in equity investment, even as wider investment in high-growth companies declined by 19%. This year’s report examines the geographic distribution of spinouts, key trends in leadership diversity, and equity funding patterns.
Download the report for additional insights into the UK’s spinout ecosystem
Inside the report
Meet the team
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Henry WhorwoodManaging DirectorHenry leads our Beauhurst Insights team, and is an expert on equity finance. 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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Callum NewtonPublic Sector LeadsCallum is the Public Sector Lead for Beauhurst Insights, responsible for leading on the team's public sector work. Before joining Beauhurst, Callum was a Senior Researcher at Westminster-based think-tank Onward focusing on ‘Levelling Up’ policy. He was also a Consultant in Portland Communication’s specialist Litigation & Disputes practice.
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Hannah NichollsDesignerHannah produces graphic design and data visualisation for the Beauhurst Insights team, and has accumulated over 11 years of experience within the design industry. In the last 4+ years, she has specialised in data visualisation and report design, focusing on creating bespoke reports for strategy and thought leadership.
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Miraj MistryResearch ManagerMiraj handles project management and data analysis for Beauhurst Insights. 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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Freya MortenResearch ManagerFreya manages research projects and data analysis at Beauhurst Insights. She recently joined the team, having previously conducted and led research at Grant Thornton and Mishcon de Reya across multiple service lines, industries and geographies. She holds a BA in Theology from the University of Oxford.
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Michael HurleyData Science ManagerMichael uses advanced statistical and econometric methods to provide clients with more in-depth, impactful, and novel analyses. He also automates processes by developing and implementing new analytics tools. Before joining Beauhurst, Michael was a data analyst at a policy organisation, where he researched innovation policy.
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tomsharpeAssociateTom performs data analysis and visualisation as well as copywriting for the team. Prior to joining Beauhurst Insights, he spent 2 years in the Data team, helping curate our dataset, with a specific focus on IPOs and Exits. Tom holds a BSc (Hons) in Sport and Exercise Science from Loughborough University and enjoys consulting on mental health research.
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