June 4, 2026
Spotlight on Spinouts in the UK
Flagship report on the state of university spinouts in the UK, created in collaboration with the Royal Academy of Engineering.
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Selected charts
Companion charts derived from this report — open any chart in full-screen on the right side.
UK spinouts are spreading beyond the Golden Triangle
VC-backed university spinouts since 2010, mapped by city. Oxford, Cambridge and London still lead, but Bristol, Manchester, Edinburgh and a dozen more are now serious hubs.
The UK leads Europe for spinout value creation
UK university spinouts have created £59.9B of enterprise value since 2010 — more than any other European country, ahead of Germany, France and Switzerland.
Deep tech is 96% of UK spinout value
Where the UK's spinout value sits, by sector: biotech & pharma towers over quantum, techbio, medical devices and the rest of the deep tech ecosystem.