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

  • 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.

  • 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.

  • 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.

  • Bila Turay Research Manager

    Bila handles data analysis and visualisation, as well as project management. Before joining Beauhurst, Bila worked at an R&D Tax consultancy. She graduated from the University of Warwick with a Master of Chemistry (MChem).

  • 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.

  • Advone Katsande Associate

    Advone writes copy, and performs data analysis and visualisation. She has written on the nature of Venture Capital Trusts, and worked on projects for Rawnet and Deloitte. She read Law at the University of East Anglia, where she acquired her undergraduate LLB.

  • Blanca Valencia Graduate Associate

    Blanca handles data analysis and visualisation, as well as copywriting. Prior to joining Beauhurst, Blanca graduated from Queen Mary University of London, where she was awarded a BSc in Computer Science with Management (ITMB).

  • Harry Walker Graduate Associate

    Harry conducts data analysis and visualisation. Prior to joining Beauhurst, Harry graduated from Loughborough University, where he was awarded a BSc in Economics, having also completed a Placement Year working in Risk Analysis at the Bank of England.

  • Justin Tsui Graduate Associate

    Justin handles data analysis and visualisation, as well as copywriting. Before joining, Justin graduated from Imperial College London, where he was awarded a MSc in Applied Biosciences and Biotechnology. He has also previously worked in consulting and academia.

  • Evangeline Luckhurst Graduate Designer

    Evangeline performs graphic design and data visualisation in the Research & Consultancy team. Prior to joining Beauhurst, Evangeline graduated from University for the Creative Arts, where she was awarded a BA(Hons) in Illustration and Animation.

More leads, more clients, less churn.

Get access to unrivalled data on all the companies you need to know about, so you can approach the right leads, at the right time.

Book a 40 minute demo today to see all of the key features, as well as the depth and breadth of data available on the Beauhurst platform.

An associate will work with you to build a sophisticated search, returning a dynamic list of organisations matching your ideal client profile.