Physics-based businesses in the UK are missing out on almost £1bn of investment each year, according to a report by the Institute of Physics (IOP).
Venture capital investors face challenges in investing in high-innovation physics industries due to the lack of a standardized commercialization pathway.
Physics deep tech start-ups, based on high-tech innovation or significant scientific advances, attract only 30% of UK science venture capital investment.
The IOP calls for a coordinated effort from government, investors, and the science and business communities to develop investment pathways and unlock the full investment potential of physics deep tech.