Tech Nation, the scaleup network for entrepreneurs, launches its inaugural Scale Ratio, which compares the number of seed stage, early growth and late growth companies in the UK’s tech ecosystems.
Tech Nation reveals that a 50:30:20 ratio of seed (50%), early growth (30%), late growth (20%) companies in a UK regional tech hub is indicative of a mature, balanced ecosystem, well placed to benefit from the accelerated growth of late stage companies while creating the next wave of tech scaleups.
Tech Nation’s newly launched ‘Scale Ratio’ suggests the 50:30:20 ratio results in the highest performing hubs – areas with the largest number of scaleups attracting the most significant VC investment. London, Manchester and Cambridge generally exhibit the 50:30:20 ratio and attracted the most investment in the UK in 2020, with 70% of investments made into late stage companies.
As a whole, the East of England closely follows a 50:30:20 ratio, and Cambridge exhibits a desirable ratio, at 47:29:22. Yet Peterborough, with a scale ratio of 16:30:52 is over reliant on late stage tech…
