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Innovate UK

Innovate UK

Government

Innovate UK is a government-backed agency supporting business-led innovation across the United Kingdom.

Portfolio

113

companies

Investment by month

By category

  • Enterprise Software£193M
  • Uncategorised£57.0M
  • CleanTech£29.9M
  • EnergyTech£27.2M
  • AI/ML£26.6M
  • Other£80.2M

By location

  • London£278M
  • Plymouth£18.5M
  • Loughborough£17.0M
  • Bristol£16.2M
  • Cambridge£14.0M
  • Other£69.6M

Portfolio companies

A

ALT/AVE

Regulatory technology startup building distributed ledger solutions to reduce paper waste in banking.

Abtrace

Abtrace

Abtrace uses machine learning and artificial intelligence to transform the detection and treatment of chronic health conditions.

AM

Alchemy Machines

Alchemy Machines develops conversational intelligence software for automated legal transcriptions.

AO

AllFocal Optics

Nanophotonic lenses for augmented and virtual reality displays

A

Altilium

Altilium recycles electric vehicle batteries to recover critical minerals for the automotive sector.

A

Apoha

Apoha builds a behavioural data layer for molecular and material science.

View all 113 companies
B

BeamXR

BeamXR builds streaming software development kits for standalone extended reality headsets.

Bendi

Bendi

Bendi offers an AI-powered software platform that helps businesses identify and manage environmental, social, and governance risks across global supply chains.

BeneTalk

BeneTalk

BeneTalk develops wearable technology and artificial intelligence tools for speech therapy.

BL

BioStress Lab

BioStress Lab develops biometric software to measure and manage workplace stress.

Biorelate

Biorelate

Biorelate provides an artificial intelligence platform that curates biomedical data to support drug discovery.

B

Bloemteknik

Bloemteknik develops advanced LED lighting and software systems for vertical farms.

Brainspark Games

Brainspark Games

Brainspark Games builds AI-powered educational mobile games for students.

Brarista

Brarista

Brarista provides artificial intelligence technology for accurate bra and swimwear fitting.

B

Byway

Byway builds flight-free travel technology that plans personalised multi-stop overland holidays.

CE

CAPSLOCK Education

Capslock Education provides intensive cyber-security bootcamps to reskill adults in the UK.

C

CONNECTCare

CONNECTCare develops software that digitises pharmacists and improves remote medicines management.

CP

Cambridge Photon Technology

Cambridge Photon Technology develops drop-in materials to increase solar panel power output.

CareLineLive

CareLineLive

CareLineLive provides an integrated management platform for homecare agencies.

C

Chief.AI

Chief.AI builds an accessible marketplace for artificial intelligence in drug discovery.

C

Chromacity

Chromacity designs and manufactures advanced ultrafast pulsed fibre lasers for scientific and industrial research.

CS

Cog-Neuro Speech Therapy

Mobile applications that help individuals regain communication skills following neurological conditions.

C

Cogitat

Cogitat develops non-invasive brain computer interface technology using artificial intelligence.

CA

Cogs AI

Cogs AI develops digital assessment tools for special educational needs in children.

CT

Cropdesk Technologies

Cropdesk Technologies builds cloud software to monitor farm productivity and manage agricultural workers.

Crypta Labs

Crypta Labs

Crypta Labs develops portable quantum hardware security devices for connected systems.

DB

Dia Beta Labs

Developing safer alternatives for metabolic disease treatments.

DA

Drone Ag

Drone Ag builds drone technology and smart data analytics to improve farm management and soil sampling.

D

DuoMe

DuoMe provides a flexible working platform to help employees manage schedules and find job share partners.

E

E4-3D

E4-3D operates a 3D printing marketplace for certified automotive spare parts.

E

ETIQ

ETIQ provides software that helps financial companies identify and eliminate bias in algorithms.

E

EarthSense

EarthSense supplies air quality monitoring and modelling data to track pollution levels.

Echion Technologies

Echion Technologies

Echion Technologies develops niobium anode materials for lithium-ion batteries.

EM

Echopoint Medical

Echopoint Medical develops optical sensing microcatheters for heart disease diagnosis.

E

EnsiliTech

EnsiliTech develops room temperature stabilisation technology for vaccines and biologics.

F

Feebris

Feebris builds machine learning software for detecting and monitoring respiratory conditions.

Fieldwork Robotics

Fieldwork Robotics

Fieldwork Robotics builds artificial intelligence powered harvesting robots for agricultural markets.

Fit Collective

Fit Collective

Fit Collective provides artificial intelligence software to help fashion brands eliminate sizing inconsistencies before garments are produced.

F

FitXR

FitXR develops immersive virtual reality fitness games and workout platforms.

F

FourJaw

Industrial IoT startup providing data analytics software for manufacturing operations.

F

Furbnow

Furbnow provides an end-to-end platform for home decarbonisation and energy efficiency improvements.

GA

Genie AI

Genie AI builds an artificial intelligence legal assistant for drafting and reviewing contracts.

G

GlamorousAI

GlamorousAI develops artificial intelligence platforms for small data drug discovery.

Glimpse Protocol

Glimpse Protocol

Glimpse Protocol operates a privacy-first advertising platform that delivers targeted digital ads without exposing consumer data.

GW

Good With

Good With provides alternative credit assessment technology for lenders.

HI

Hexigone Inhibitors

Hexigone Inhibitors develops smart corrosion protection technologies for industrial metals.

H

HexisLab

HexisLab develops sustainable ingredients for the beauty and pharmaceutical industries using artificial intelligence.

Holly Health

Holly Health

Holly Health provides a digital coaching application for physical and mental wellbeing.

HotHouse Therapeutics

HotHouse Therapeutics

HotHouse Therapeutics develops sustainable pharmaceutical compounds using an AI-optimised plant-based chemistry platform.

I

IgniteData

IgniteData provides software that streamlines clinical trials and automates health data management.

I

Ikarovec

Developer of novel gene therapies for major ophthalmic indications.

I

Intellegens

Intellegens builds machine learning software to accelerate research and development processes.

IE

Intelligent Energy

Intelligent Energy develops zero-emission hydrogen fuel cell systems for commercial aviation.

I

InvenireX

InvenireX builds a DNA nanotechnology platform to detect disease at early biological stages.

J

Jude

Jude offers digital subscription services and natural treatments to improve bladder health.

K

KYMIRA

KYMIRA develops smart apparel that uses infrared technology to improve athlete recovery.

K

Kaydiar

Advanced footcare solutions created through customisable mesh technology.

K

Kelpi

Kelpi creates biodegradable bioplastic packaging materials from seaweed.

LM

Lant Medical

Developing targeted non-antibiotic treatments for bacterial infections.

L

LatchAid

LatchAid provides a support app for breastfeeding and early parenthood.

L

Limetrack

Limetrack manufactures smart bins and software that automatically weigh and track commercial food waste.

LM

Living Map

Living Map provides indoor digital navigation software for complex venues and transport hubs.

M

Magdrive

Magdrive develops advanced plasma thruster technology for the space industry.

M

Mendelian

Mendelian builds screening systems to help doctors identify rare and hard to diagnose conditions.

M

Mesenbio

Developing engineered stem-cell treatments for arthritis.

M

MindSpire

MindSpire builds neurotechnology wearables for real-time stress relief and peak mental performance.

ME

Mocean Energy

Mocean Energy develops wave energy technology to supply low-carbon power for marine environments.

M

Motion

Motion provides workflow automation and family engagement software for care homes.

M

Mulder

Mulder develops blockchain technology to improve traceability and compliance in the medical device sector.

MS

My SMASH Media

My SMASH Media connects content creators with industry buyers through an artificial intelligence platform.

M

MyBliss

MyBliss designs science-led intimacy care products focused on women's health and wellbeing.

Mykor

Mykor

Mykor creates low-carbon construction materials using agricultural and industrial waste.

Myndr

Myndr

A digital wellness platform providing peer to peer mental health support for employees.

NS

Nami Surgical

Nami Surgical develops miniaturised ultrasonic devices for robotic-assisted procedures.

Nanomox

Nanomox

Nanomox develops sustainable processes for inorganic materials using ionic solvents.

Navenio

Navenio

Navenio provides indoor location technology and task allocation software to improve healthcare workflow efficiency.

N

Near-Life

Near-Life provides interactive video learning technology that brings experiential training online.

North AI

North AI

North AI builds predictive analytics software for the media and entertainment sector.

O

OW

OW combines artificial intelligence with proprietary hardware to print smells.

OS

OW Smell Made Digital

OW Smell Made Digital develops digital scent technology to enhance sleep and immersive experiences.

O

OpusVL

OpusVL integrates open source software solutions for various sectors.

O

OutThink

OutThink builds a cybersecurity human risk management platform.

PANTA

PANTA

PANTA provides a cloud-based software platform that automates the design, calculation and delivery of financial indices.

Phlux Technology

Phlux Technology

Phlux Technology builds advanced infrared sensors for global optical and sensing applications.

P

PhysioMedics

PhysioMedics develops digital self-assessment tools for musculoskeletal health.

PS

Planet Smart

Planet Smart develops naturally biodegradable superabsorbent polymers for hygiene products.

Prorizon

Prorizon

Prorizon builds digital twin technology to manage mental and physical performance.

Q5D

Q5D

Q5D develops robotic cells that automate product electrification and eliminate manual wiring assembly.

RS

Recruitment Smart

Recruitment Smart builds artificial intelligence software for enterprise talent acquisition.

S

ScubaTx

ScubaTx develops organ preservation technology for transplant procedures.

Signapse

Signapse

Generative AI sign language translation software for transport and digital media.

S

Siloton

Siloton develops at-home optical coherence tomography monitors for age-related macular degeneration.

SleepCogni

SleepCogni

SleepCogni builds digital technology to transform insomnia care and sleep health.

SP

Sprint Power

Sprint Power develops electric propulsion and wireless charging systems for vehicles.

S

Sylvera

Sylvera builds software to independently evaluate and rate carbon offset projects.

S

SymTerra

SymTerra provides a communication platform for the construction project supply chain.

Syndi Health

Syndi Health

Syndi Health provides an AI platform for navigating digital healthcare services.

S

SökerData

SökerData builds a diverse biomarker database to improve clinical trials and drug discovery.

T

TaiSan

Solid-state sodium-ion battery developer for electric mobility.

Tended

Tended

Tended builds wearable geospatial technology that protects railway staff and prevents accidents.

TD

Transdermal Diagnostics

Transdermal Diagnostics develops a needle-free platform for continuous blood sugar monitoring.

TE

Trojan Energy

Trojan Energy manufactures flush street-level charging points for electric vehicles.

U

Umazi

Umazi automates enterprise identity verification and due diligence processes using distributed ledger technology.

V

Veo

Veo runs a curated e-commerce marketplace for ethical and sustainable lifestyle goods.

Veopolis

Veopolis

Veopolis operates an online marketplace for sustainable shopping and ethical lifestyle brands.

V

Videregen

Videregen develops biological scaffolds for organ replacement and regenerative medicine.

Visionable

Visionable

Visionable provides a digital collaboration platform for clinicians to deliver better patient care.

Voxshell

Voxshell

Automated meshing software for advanced engineering simulation.

W

Wordnerds

Wordnerds provides artificial intelligence software that turns unstructured text into customer insights.

YF

Your FLOCK

A remote work technology startup that increases employee engagement by discovering team core values.

adeus

adeus

adeus builds a digital platform to simplify legacy planning and will writing.

enee.io

enee.io

enee.io develops sophisticated energy monitoring systems for renewable energy management.

myGwork

myGwork

myGwork operates a global talent and networking platform for LGBTQ+ professionals.


Team

Kath Mackay

Kath Mackay

Director – Ageing Society, Health & Nutrition

Kath brings science and innovation leadership experience from roles at Innovate UK and Bruntwood SciTech. She also holds non-executive directorships across the health and science sector.

LinkedIn
NW

Nigel Walker

Head of Innovation Lending & Investor Partnerships

Nigel brings extensive public sector lending and innovation finance experience from his time at Innovate UK and the Technology Strategy Board, following earlier roles in commercial finance.

LinkedIn
IC

Ian Campbell

Executive Chair

CI

Christian Inglis

Head of Urban Systems

Christian brings infrastructure, energy, and materials experience from roles at Innovate UK, the Technology Strategy Board, and Rio Tinto.

LinkedIn
Ed Tellwright

Ed Tellwright

Access to Finance Specialist

Ed brings regional funding and business support experience from roles at the British Business Bank, Innovate UK, and Business West. He previously worked with the South West Angel and Investor Network.

LinkedIn
DR

Daisy Rowland

Investment Specialist

Daisy brings public sector funding and investment experience from roles at Innovate UK and the Development Bank of Wales.

LinkedIn
View all 8 team members
Chris Danks

Chris Danks

Innovation Lead

Chris serves as innovation lead for the Transforming Food Production challenge at Innovate UK, following roles at the Knowledge Transfer Network and leadership positions including chief technology officer at Abingdon Health and chief executive at Forsite Diagnostics.

LinkedIn
TS

Tim Sawyer

Chief Investment Officer


Recent investments

Seed
£800K

The Cranfield University spinout secured backing from DSW Ventures and Innovate UK to scale its engineering team and platform capabilities.

"We’re at the point where both advanced manufacturing and AI-native engineering need the same thing: faithful meshes from geometry that legacy tools simply can’t handle. ChopMesh is built natively for exactly that geometry, which uniquely positions us to serve both today’s aerospace and industrial engineers and the fast growing class of Phsyics-AI companies that depend on high-quality mesh data. This funding is a strong endorsement of that mission and the team behind it."
— Liang Yang, CEO
Seed
£4.7M

Eos Advisory and Mercia Ventures led the round, which will fund pilot tests and relocation to a new Coventry facility.

"While we’ve kept our most exciting breakthroughs in stealth, this funding will help us enhance the performance of sodium-ion batteries and bring the benefits to a mainstream audience. Watch this space"
— Sanzhar Taizhan, Founder
Other
£4.0M

The Bristol biotech secured the backing to expand manufacturing capabilities and grow its footprint across European markets.

"Decarbonising construction cannot come at the expense of cost or performance. The challenge has been scaling biomaterials industrially and integrating them into real construction supply chains."
— Olivia Page, CEO and co-founder
Seed
£3.0M

The funding round includes £1.5m from Fuel Ventures and a £1.5m Innovate UK loan, supporting product development and commercial scaling.

"Producers and users of indices have been limited for too long by outdated systems. PANTA digitalises the entire value chain, helping clients innovate faster, operate more efficiently and deliver greater value to investors."
— Tobias Sproehnle