Innovate UK is a government-backed agency supporting business-led innovation across the United Kingdom.
The Edinburgh firm secured backing led by Equity Gap alongside an Innovate UK grant to accelerate commercialisation of its Blue Star wave machine.
"Our goal is to produce a commercially-available wave machine which can deliver low carbon power for tie backs and future fleets of autonomous AUVs [autonomous underwater vehicles]"
The Manchester tech startup received backing from Innovate UK to accelerate software development.
The grant from Innovate UK will be used to accelerate deployment speeds and extend software functionality for infection control in hospitals.
"With COVID-19 still an ever-present challenge in the UK and across the globe, our working lives, social encounters, and travel plans are continually being disrupted. Businesses like Navenio have stepped up to the challenge and produced technology which aims to solve these issues. Those awarded funding from our competition will support the UK in delivering potential solutions and services to facilitate our recovery from the pandemic."
Innovate UK awarded the grant through its Sustainable Innovation Fund to back the development of the Talent Support Platform.
"In these difficult times we have seen the best of British business innovation. The pandemic is not just a health emergency but one that impacts society and the economy"
The speech therapy technology company drew backing from Henley Business Angels and Innovate UK.
"This latest investment shows the belief in the BeneTalk product and team, and helps us move closer to transforming the speech therapy experience for millions of people with our AI-driven speech-tracking technology."
