From Startup to Scaleup: Turning UK Innovation Into Prosperity and Power
TL;DR
UK scale-up gap: domestic funding drops from 75% at seed to under 33% at scale-up.
Key evidence for UK scale-up gap: seed-stage companies attract 75% domestic funding, but this falls to less than one-third at scale-up stage. Explains why UK tech wealth creation flows abroad.
Key Findings from Institute (2024)
- Seed-stage companies attract nearly 75% domestic funding
- Scale-up stage funding falls to less than one-third domestic
- UK companies sell to foreign acquirers at mid-size
- Wealth creation happens elsewhere due to funding gap