Scaling up deep technology companies in the UK – challenges and solutions

  • January 24, 2024 6:00 PM - 8:30 PM
  • The Royal Society and online

The UK is a highly innovative nation, with a great reputation for small deeptech startups, often emerging from the UK university sector. For the most promising of those organisations, seed funding can be found in the UK, but scaling up these companies, and sourcing the funds to enable that to happen, can be a real challenge. This limits the value to UK plc, as these companies have the potential to provide huge returns to the economy, but with longer timescales than startups in other sectors, with a need for patient capital investment.

How big is this problem, in comparison with our key competitors? And what are the roles of the universities, venture capital firms, UKRI and its agencies, central government and the companies themselves to help address them?

These are some of the issues we discussed in this evening discussion event.

Amelia Armour
Partner, Early Stage Funds, Amadeus Capital Partners
Dr Simon Thomas FREng
Chief Executive Officer, Paragraf
Scott O'Brien
Chief Investment Officer, Innovate UK, UKRI
Gus Wiseman
Deputy Director, Head of Investor Relations, Department for Business and Trade

This discussion appeared in the FST journal below.

The Journal for the Foundation for Science and Technology. This edition explores Artificial Intelligence and how the UK is leading the way with its regulatory plans. Nuclear Fusion; how it works and where the UK sits in the picture and the scale up of deep tech business in the UK. We also have new Foundation news pages with updates on what is going on elsewhere in the organisation.

Volume 23, Issue 8