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Majority of Yorkshire tech firms seeking growth investment

Yorkshire tech
Tech Climbers Yorkshire attendees

The majority of Yorkshire-based tech companies (71%) are on the hunt for funding to expand their operations, according to new data.

In addition to new investment, businesses in the area estimated that their revenue is expected to shoot up 94% on average in the coming year, according to data from Tech Climbers.

“Our data shows that despite the wider economic challenges facing the country there is no lack ambition from Yorkshire’s tech businesses to take investment, grow revenues and create jobs,” said Anna Heyes, founder of Tech Climbers and CEO at Active Profile.

Information in the report was compiled from entrant data to the 2023 Yorkshire Tech Climbers list, which this year saw the largest number of applications ever at 63 from the region....