Diverse Founders in Advanced Digital Technology Report 2023 launched

Diverse Founders in Advanced Digital Technology

We are thrilled to share the release of the “Diverse Founders in Advanced Digital Technology 2023” report, commissioned by Digital Catapult, the UK’s leading authority on advanced digital technology.

Key findings of the report include the UK’s impressive leadership in tech investment and the growth of high-potential startups. However, it also highlights significant disparities in funding and opportunities among founders based on gender, ethnicity, and educational background.

Notable findings reveal that all-female teams secured a substantial 13.7% of annual investment in the immersive tech sector, while mixed-gender teams reached an all-time high of 16.6% of annual tech investment. Conversely, certain sectors show concerning disparities in ethnic representation, underlining the urgency for targeted actions.

We encourage you to download and explore the full report to gain a deeper understanding of the challenges faced by underrepresented founders in the UK.

By UKBAA 11 Oct 2023