10am – 1pm10 November 2026
London
techUK, 10 St Bride Street, London, EC4A 4AD
The potential of the UK Semiconductor sector
Half of the world's ten largest companies by market cap are built on semiconductor design or production- Apple, Microsoft, TSMC, Broadcom, and Nvidia. Semiconductors underpin every priority growth sector in the UK's Modern Industrial Strategy, powering global markets worth over $10 trillion, with this global demand showing no signs of slowing.
The UK has the ingredients to build these world-class businesses here, and techUK members are already proving it: Arm, the UK's most valuable tech company; Fractile, which raised over $200m this summer alone; or Pragmatic Semiconductor raising £180m in its 2023 series D fundraising round. DSIT's 2026 sector study confirms the momentum, 703 UK semiconductor companies (up from 623), generating £10.6bn in revenue and supporting up to 32,550 jobs.
But scaling is where it gets hard. The same study shows activity concentrating in a handful of large players while access to scale-up capital remains one of the most persistent barriers to growth.
techUK members tell us why: investors who understand semiconductor timelines and capital needs are hard to find, UK-backed funds rarely take the lead investor role at growth stage, and as a result around 70% of fundraising has gone to just five firms. The UK still draws only a tenth of the VC funding of its US counterparts, despite having the world's second-largest VC base. Less than 10% of SMEs in the UK are currently exporting, compared to 44% of those in Germany, this is an environment that must change for such a high potential, and internationally connected sector.
Even where public capital exists, schemes are often hard to identify or navigate, especially for small companies with limited resources.
Looking ahead
As conventional silicon approaches the limits of Moore's Law, frontier compute paradigms, including photonic, quantum and neuromorphic chips, are defining the next generation of semiconductors. They process data in fundamentally different ways: using light instead of electricity, harnessing quantum physics, or mimicking the brain. They promise to solve problems classical chips struggle with, often at a fraction of the energy use or latency. The UK has a narrow window to turn its research strengths in these areas into companies that scale here, before global leaders lock in the standards, infrastructure and supply chains that will shape the market for decades.
This is what our session is built to fix. The UK has a world class base of academia, R&D and SMEs, however it is critical that these companies have the financial backing needed, to start scale and grow in the UK. The businesses that scale fastest will be the ones plugged into the right networks and capital, at the right time.
A joint techUK Semiconductor and Scale-Up event
Join techUK, as we leverage our convening power across our Semiconductor, Scale-Up and Photonics and Frontier Compute programmes, to bring together the policymakers, investors and ecosystem leaders defining the next generation of funding decisions.
Benefits and takeaways
Why attend:
Hear directly from those defining how semiconductor investment decisions get made in the UK
Understand the barriers companies face in securing growth-stage capital, and how to overcome them
Connect with investors, founders and policymakers working across the semiconductor ecosystem
Insights from this session will form part of techUK's year-long focus on Frontier Compute and feed into a report – to be published in early 2027 that summarises the initiative's main findings and recommendations for key decision-makers in government.
Speakers and sessions
Agenda
9:30
Arrivals and registration
10:00
Welcome from techUK
10:05
Industry keynote
10:20
Session 1: Funding the idea – accessing semiconductor finance
This discussion focuses on how early-stage semiconductor companies can access the funding they need to develop, demonstrate and commercialise their technologies. Hear from public-sector investors and support organisations on the funding routes available, what they are looking for, and how founders can position themselves for success.
Opener: What role do you play in the funding landscape, and how does that differ from other organisations on the stage?
How is your work supporting early stage, pre-revenue companies, whether through grants, profile raising or co-investment?
Are you particularly keen to speak to organisations working in certain markets or verticals?
For those in the audience, how should they prepare to maximise their chance of succeeding in fund raising for you? What is the single biggest reason good applications get rejected or never submitted?
How can members of the audience get in touch to collaborate with your organisation?
11:00
Break
11:10
Session 2: Beyond the cheque – partnerships, commercialisation, exports and R&D
Capital is only one part of scaling a semiconductor business. This session explores the partnerships, procurement opportunities, R&D support, international connections and routes to market that can help companies turn investment into commercial growth, and build the networks they need to scale in the UK and internationally.
Opener: What role do you play in the startup and scaleup landscape, and how does that differ from other organisations on the stage?
What non-financial support changes a company's trajectory as much as capital would?
Where do procurement, cross-sector partners, or export routes open doors that pure investment does not?
What is the one relationship in this room a company should be chasing that is not about money?
How can they get in touch with you directly after today?
13:50
Closing remarks
12:00
Networking lunch
Elis Thomas
Programme Manager, Tech and Innovation, techUK
Elis Thomas
Programme Manager, Tech and Innovation, techUK
Elis joined techUK in December 2023 as a Programme Manager for Tech and Innovation, focusing on Semiconductors and Digital ID.
He previously worked at an advocacy group for tech startups, with a regional focus on Wales. This involved policy research on innovation, skills and access to finance.
Elis has a Degree in History, and a Masters in Politics and International Relations from the University of Winchester, with a focus on the digitalisation and gamification of armed conflicts.
Edward leads the Digital Economy programme at techUK, which includes scale-up and entrepreneurship policy, industrial policy, innovation and tech adoption. He also leads techUK's policy development process around major fiscal events such as the Autumn Budget, working closely with teams across the organisation.
Prior to joining techUK in 2024, he worked as a DCMS civil servant covering parliamentary process, and spent a time as a public affairs consultant.
Ella joined techUK in July 2025 as Junior Programme Manager for Emerging Technologies.
In her role, Ella leads the design and delivery of techUK's focus areas, which identify emerging technologies of interest to members and Government. These initiatives seek to showcase industry best practice, champion key UK sectors, and address the challenges and opportunities shaping the development, application, and commercialisation of these technologies. Previous focus areas led by Ella have included photonics, and currently, frontier compute.
Ella also supports the day-to-day running of techUK's Emerging Tech and Innovation Policy activity, working to convene industry experts and policymakers to showcase best practice, shape government thinking, and ensure the UK leads on the development and deployment of transformative technologies.
Before joining techUK, Ella completed an internship at Digital Catapult, supporting across public affairs, policy and the organisation's programmes. She also has experience working in an MP's Parliamentary and Constituency Office.
Ella holds a BSc in Politics and International Relations from the University of Bristol.
techUK bring members, industry stakeholders, and UK Government together to champion emerging technologies as an integral part of the UK economy. We help to create an environment where innovation can flourish, helping our members to build relationships, showcase their technology, and grow their business. Visit the programme page here.
Tech and Innovation Summit 2026
Join us on 3rd November 2026 for techUK's fourth annual Tech and Innovation Summit, which brings together the innovators, investors, policymakers, and researchers shaping what comes next, exploring how the UK's regions, research institutions, and companies of all sizes can work together to turn scientific excellence into scaled, sovereign, commercially successful capability.
Our members develop strong networks, build meaningful partnerships and grow their businesses as we all work together to create a thriving environment where industry, government and stakeholders come together to realise the positive outcomes tech can deliver.
Sue leads techUK's Technology and Innovation work. This includes work programmes on AI, Cloud, Data, Quantum, Semiconductors, Digital ID and Digital ethics as well as emerging and transformative technologies and innovation policy. In 2025, Sue was honoured with an Order of the British Empire (OBE) for services to the Technology Industry in the New Year Honours List. She has also been recognised as one of the most influential people in UK tech by Computer Weekly's UKtech50 Longlist and was inducted into the Computer Weekly Most Influential Women in UK Tech Hall of Fame.
A key influencer in driving forward the tech agenda in the UK, in December 2025 Sue was appointed to the UK Government’s Women in Tech Taskforce by the Technology Secretary of State. She also sits on the UK Government’s Smart Data Council, Satellite Applications Catapult Advisory Group, Bank of England’s AI Consortium and BSI’s Digital Strategic Advisory Group. Previously, Sue was a member of the Independent Future of Compute Review and co-chaired the National Data Strategy Forum. As well as being recognised in the UK's Big Data 100 and the Global Top 100 Data Visionaries in 2020, Sue has been shortlisted for the Milton Keynes Women Leaders Awards and has been a judge for the Loebner Prize in AI, the UK Tech 50 and annual UK Cloud Awards. She is a regular industry speaker on issues including AI ethics, data protection and cyber security.
Prior to joining techUK in January 2015, Sue was responsible for Symantec's Government Relations in the UK and Ireland. Before that, Sue was senior policy advisor at the Confederation of British Industry (CBI). Sue has an BA degree on History and American Studies from Leeds University and a Master’s Degree in International Relations and Diplomacy from the University of Birmingham. Sue is a keen sportswoman and in 2016 achieved a lifelong ambition to swim the English Channel.
Head of Emerging Technology and Innovation, techUK
Rory Daniels
Head of Emerging Technology and Innovation, techUK
Rory joined techUK in June 2023 after three years in the UK Civil Service on its Fast Stream leadership development programme.
During this time, Rory worked on the Government's response to Covid-19 (NHS Test & Trace), school funding strategy (Department for Education) and international climate and nature policy (Cabinet Office). He also tackled the social care crisis on secondment to techUK's Health and Social Care programme in 2022.
Before this, Rory worked in the House of Commons and House of Lords alongside completing degrees in Political Economy and Global Politics.
Today, Rory leads techUK's five-strong Emerging Technology and Innovation team, working with many of the UK's most innovative tech companies to convene experts and decision-makers, showcase best practice, shape government's thinking, and ensure the UK leads on developing and deploying transformative technologies.
The team's main areas of focus are AI Innovation, Quantum, Semiconductors, Robotics, Photonics, Frontier Compute, Innovation Policy, and Technology Convergence.
Rory sits on BIST's expert Robotics Advisory Group, hosts techUK's Meet the Innovators video interview series, and chairs techUK's Emerging Tech Leadership Committee, comprising 36 senior leaders from the UK's most exciting tech companies. He also judges the Global Space Awards, sits on the SXSW Pitch Advisory Board, has hosted London Tech Week's Deep Tech Stage, has completed Stanford University's Tech & Entrepreneurship residency, and has given oral evidence in a House of Lords Select Committee.
In his spare time, Rory enjoys photography, reading non-fiction (tech, architecture, design & geopolitics), and searching for London's best burger.
Senior Programme Manager in Digital Ethics and AI Safety, techUK
Tess Buckley
Senior Programme Manager in Digital Ethics and AI Safety, techUK
Tess is a digital ethicist and musician. After completing a MA in AI and Philosophy, with a focus on ableism in biotechnologies, she worked as an AI Ethics Analyst with a dataset on corporate digital responsibility (paid for by investors that wanted to understand their portfolio risks). Tess then supported the development of a specialised model for sustainability disclosure requests. Currently, at techUK, her north star as programme manager in digital ethics and AI safety is demystifying, and operationalising ethics through assurance mechanisms and standards. Outside of Tess's work, her primary research interests are in AI music systems, AI fluency and tech by/for differently abled folks.
Usman joined techUK in January 2024 as Programme Manager for Artificial Intelligence.
He leads techUK’s AI Adoption programme, supporting members of all sizes and sectors in adopting AI at scale. His work involves identifying barriers to adoption, exploring solutions, and helping to unlock AI’s transformative potential, particularly its benefits for people, the economy, society, and the planet. He is also committed to advancing the UK’s AI sector and ensuring the UK remains a global leader in AI by working closely with techUK members, the UK Government, regulators, and devolved and local authorities.
Since joining techUK, Usman has delivered a regular drumbeat of activity to engage members and advance techUK's AI programme. This has included two campaign weeks, the creation of the AI Adoption Hub (now the AI Hub), the AI Leader's Event Series, the Putting AI into Action webinar series and the Industrial AI sprint campaign.
Before joining techUK, Usman worked as a policy, regulatory and government/public affairs professional in the advertising sector. He has also worked in sales, marketing, and FinTech.
Usman holds an MSc from the London School of Economics and Political Science (LSE), a GDL and LLB from BPP Law School, and a BA from Queen Mary University of London.
When he isn’t working, Usman enjoys spending time with his family and friends. He also has a keen interest in running, reading and travelling.
Elis joined techUK in December 2023 as a Programme Manager for Tech and Innovation, focusing on Semiconductors and Digital ID.
He previously worked at an advocacy group for tech startups, with a regional focus on Wales. This involved policy research on innovation, skills and access to finance.
Elis has a Degree in History, and a Masters in Politics and International Relations from the University of Winchester, with a focus on the digitalisation and gamification of armed conflicts.
Programme Manager ‑ Quantum and Digital Twins, techUK
Sara Duodu
Programme Manager ‑ Quantum and Digital Twins, techUK
Sara joined techUK in October 2025 as Programme Manager for Quantum and Digital Twins.
Before joining techUK, Sara worked at Capital Enterprise as Research Lead, where she focused on policy research related to the UK’s startup ecosystem. During her time there, she co-authored a flagship report unpacking what quantum startups in the UK need to grow and stay in the UK.
Sara holds a Master of Global Affairs (Innovation Policy & Global Security) from the Munk School of Global Affairs & Public Policy, and an MA (History) and a BA (History & Political Science) from the University of Western Ontario.
Outside of work, Sara enjoys reading, playing rugby, and watching any and all sports.
Ella joined techUK in July 2025 as Junior Programme Manager for Emerging Technologies.
In her role, Ella leads the design and delivery of techUK's focus areas, which identify emerging technologies of interest to members and Government. These initiatives seek to showcase industry best practice, champion key UK sectors, and address the challenges and opportunities shaping the development, application, and commercialisation of these technologies. Previous focus areas led by Ella have included photonics, and currently, frontier compute.
Ella also supports the day-to-day running of techUK's Emerging Tech and Innovation Policy activity, working to convene industry experts and policymakers to showcase best practice, shape government thinking, and ensure the UK leads on the development and deployment of transformative technologies.
Before joining techUK, Ella completed an internship at Digital Catapult, supporting across public affairs, policy and the organisation's programmes. She also has experience working in an MP's Parliamentary and Constituency Office.
Ella holds a BSc in Politics and International Relations from the University of Bristol.
Luke is a Junior Programme Manager in techUK’s Emerging Tech and Innovation team. He works on techUK’s robotics programme, collaborating closely with members, policymakers and stakeholders to support the safe development, deployment and adoption of robotics technologies across the UK. Alongside this, he also contributes to the team’s wider work on emerging technologies.
Luke began his career on the DHL Supply Chain graduate scheme, where he worked across large-scale logistics operations and supported transformation initiatives focused on efficiency, automation and process improvement. This gave him first-hand experience of complex industrial environments and the practical application of technology within supply chains.
Following this, Luke worked for Michelle Donelan MP, focusing on policy communications and parliamentary engagement. He supported briefing, stakeholder engagement and cross-sector communications, gaining insight into how legislation and policy are shaped and debated, as well as developing a strong understanding of parliamentary process.
He later worked at the Department for Transport as a Senior Policy Advisor, focusing on digital policy development and leading on data-driven programme delivery within government. This strengthened his understanding of policymaking and the regulatory and digital landscape shaping emerging technologies.
Luke holds a degree in Mechanical Engineering, which provides him with a strong technical foundation and a particular interest in robotics, automation and applied engineering.
Outside of work, Luke enjoys weight training, walking (particularly in Wiltshire and the Cotswolds) and reading non-fiction. He previously spent time at a Shaolin temple in the rural mountains of Shandong province, China, where he studied Kung Fu while living alongside Shaolin monks - an experience that also sparked his appreciation (and slight obsession) for tea.