Diverse Founders in Advanced Digital Technology Report – 2023Posted 10 Oct 2023
Diverse Founders in Advanced Digital Technology Report
In a groundbreaking report commissioned by Digital Catapult, we unveil a comprehensive analysis of the state of founder diversity in the UK’s technology landscape. This report, produced in collaboration with leading research firm Beauhurst, offers a deep dive into investment trends and the background of founders in the advanced digital sectors.
- The UK is in a leading position: The report reaffirms the UK’s dominance in raising technology investment and the sheer amount of high-growth startups compared to European peers. It’s a testament to the nation’s thriving technology ecosystem.
- Inequality among founders persists: Despite impressive growth, disparities persist, especially concerning female founders and those from ethnic minority backgrounds. The report highlights specific technology areas where diversity and inclusion initiatives can make a meaningful impact.
- Investment trends over the past decade: Notable findings include substantial investments in immersive technology, where all-female and mixed-gender teams are securing significant funding. However, disparities remain, especially in fields like distributed systems and quantum.
Actions for Change
- Investors must actively seek opportunities to support underrepresented founders, bridging the investment gap and fostering diversity and innovation within the tech industry.
- Industry leaders, businesses and investors must collaborate to create more accessible funding opportunities and support programmes for underrepresented founders. Building a more inclusive technology ecosystem is a shared responsibility.
Dive into the report to explore the current state of the industry and understand how founder backgrounds vary across different technology areas, from quantum to immersive.
The Diverse Founders in Advanced Digital Technology Report offers a deep dive into investment trends and the background of founders…
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