About the report
This new report produced in collaboration with Dealroom delves into the progress and opportunities for South Yorkshire’s tech sector.
• £3.1B startup ecosystem value with 100+ VC backed startups in South Yorkshire.
• Record year for early stage VC in 2025 of £52M, almost 2x higher than 2024.
• 2025 was also record high for Series A investment of £35.2M.
• Since 2020 the ecosystem value is 4x bigger, and 15x bigger over the past decade.
Deep Tech is now the top funded sector with £121M since 2022; Transportation, Climate Tech, Energy and Fintech have also passed £70M.
The University of Sheffield produced a record 10 spinouts in 2025 and ranks 8th in Europe for deep tech and life science entrepreneurship. Across the North of England, startups have created £7.1+ in value for every £1 of VC, ahead of London and the rest of the UK.
South Yorkshire’s ecosystem value is now where Helsinki and Pittsburgh were a decade ago, with many startups on a scaling path seeing team growth, funding traction, and product market fit.
Download the report here
