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Innovate UK

Innovate UK

Government

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


Recent investments

Seed
$4.2M

The London-based bladder care startup secured backing from Eka VC and Joyance to drive its upcoming launch in the United States.

"Since launch, we’ve improved the lives of tens of thousands of people suffering from bladder issues with treatments and education tools. This investment will be critical in us achieving this mission, and expanding our services to the US, where 75m people struggle with these issues. I’m incredibly happy to welcome Eka Ventures and Joyance – who are aligned on our healthcare mission – and to continue our partnership with Samos VC."
— Peony Li, Founder
Grant
£1.6M

The company will apply its machine learning technology to improve the production of oligonucleotide therapeutics in partnership with CPI.

"We are really excited to be working with Intellegens on this project to help harness the potential of oligonucleotides to treat a variety of conditions. Oligonucleotides are complex molecules and the process of bringing them to market is costly, meaning very few companies are able to harness this potentially life-saving and life-changing technology. Through CPI’s Medicines Manufacturing Innovation Centre, we will look to bring together a community of experts from the pharmaceutical and technology companies to support the development of the Alchemite tools, reducing development times and improving manufacturability of oligonucleotide therapeutics."
— Dave Tudor
Grant
£200K

The London based legal technology company has received backing to accelerate the development of its artificial intelligence contract tools.

"The legal landscape is rapidly changing – businesses want instant access to services at affordable prices, rather than waiting for long email threads. Genie’s AI assistant gives instant answers, augmented with the knowledge and experience of seasoned lawyers."
— Rafie Faruq, CEO
£1.3M

The investment round was led by 24Haymarket with participation from angel investors and Innovate UK.

"We’re delighted to announce Lori as the new Chair of our Board. The wealth of her strategic experience in the digital space coupled with her sales expertise and commitment to diversity and inclusion, will support myGwork’s ambitious international growth targets,"
— Adrien Gaubert, Co-founder