Our third in a series of thought leadership reports, A review of the UK’s semiconductor clusters, has been published in partnership with Beauhurst and funded the UK Government, to review the key investment trends, founder insights and growth opportunities within the UK ecosystem.
The report reviews the gender, age and nationality composition of high-growth semiconductor companies, with mixed-gender teams contributing towards only 8.77% of the total founder population, across the UK. Male founding teams dominate the industry, representing 87.7% of the active population, with 30.9% of companies being incorporated by founders aged 50-59.
The report focuses in on the UK’s 79 active, high-growth semiconductor companies, as well as 29 historically active companies. An overview of Beauhurt’s eight high-growth triggers are included within the report.
The latest views around funding and innovation are also considered, with high-growth semiconductor companies securing an unprecedented £160m in equity funding, within 2022 alone. Top fund managers are reviewed. In addition to a detailed outlook on public and private funding into the sector, dating back to 2013. Data is split between the number of grants provided and amounts secured each year, to identify key trends and fluctuations.
Over the past decade, there has been a notable increase in the number of patent applications submitted by high-growth semiconductor companies. Between 2012 to 2016, approximately two-thirds (64.5%) of these applications were granted.
However, despite the increase in patent applications, the number of those granted has declined from 2016 onwards. This report provides insights into the UK’s innovation and semiconductor strategy, to set forth a roadmap towards enhancing the industry.
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