UK science minister Patrick Vallance standing beside a union jack.

Interview

August 1, 2024

Patrick Vallance on the 'really big block' holding back UK chip startups at the scaleup phase

The UK’s new science minister tells Sifted he wants to help startups access funding and talent, as government-backed chip incubator launches second cohort

UK semiconductor startups are being held back by a “really big block” at the scaleup phase, says the UK’s new minister of state for science, research and innovation, Patrick Vallance, with tech companies struggling to access late-stage funding, hire the right talent and navigate regulation.

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Kai Nicol-Schwarz

Kai Nicol-Schwarz was a senior reporter at Sifted. He covered AI and UK tech.

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