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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
£1.5M

The funding round was led by Archangels to support international expansion and product development.

"In a post-pandemic world, web-based clinical triage is becoming an increasingly an important part of how healthcare is delivered in the UK and globally, providing a vital service and reducing the burden on healthcare teams. I have no doubt that the clinical depth of the PhysioWizard product, which has been developed over many years, will ensure that it becomes the leading digital triage solution not only in the UK but globally."
— David Ovens, Joint MD
Pre-Seed
$400K

The pre-seed investment was led by SFC Capital to support product development and team expansion.

"High attrition rates in professional services mean that new generations of lawyers and accountants don’t want to spend their time on menial administrative tasks. This has a knock-on effect on support staff and in legal firms specifically, secretaries are working for an increasing number of lawyers, with the ratio expected to be 20 legal professionals per secretary by 2027. Our platform delivers richer, more insightful transcriptions and analytics for remote collaboration"
— Dia Thanki, Founder and CEO
Seed
£1.0M

The Sheffield-based industrial IoT startup has raised £1m from backers including North Invest and SFC Capital.

"We knew FourJaw had created a game-changing technology that would break through the sector’s scepticism surrounding Industry 4.0. Their data-driven technology is right for its time, helping drive a manufacturing renaissance for post-Brexit, post-COVID Britain where productivity and competitiveness are essential to the economy,"
— Stephen Page, CEO
Seed
£300K

The Wakefield-based company raised capital from angel investors and Innovate UK to advance its biometric platform.

"We are excited to be taking this big step to revolutionise workplace stress management and tackle the debilitating economic and health effects of stress. We would like to thank our investors, Innovate UK and NorthInvest – this funding will help further develop our technology and accelerate our global growth."
— Tim Wade, CEO