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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

Grant
£500K

The funding round was backed by Henley Business Angels and Innovate UK.

"continued support will ensure that the impact of our newest technologies will not just be limited to sportsmen and women, but will benefit the broader population through medical applications of our technology as well"
— Tim Brownstone, Founder and CEO
Seed
£2.0M

Soulmates Ventures and Deeptech Seed Fund co-led the seed round, which includes £500k from Innovate UK.

"I couldn't be more excited and proud about this next stage in our growth. It is a landmark opportunity, a once in a lifetime moment, to build a transformative product."
— Sally Chalk, CEO and Co-Founder
Seed
$4.0M

The seed round was led by Eos Advisory alongside regional public and private backers.

"Robot-assisted surgery has become increasingly popular in recent years and is now widely used in various surgical procedures including urology, gynaecology, and colorectal. We have pilot programmes running with healthcare and medical device groups worldwide, including in the United States, and we now look forward to the commercialisation phase with the support of our new investors."
— Nico Fenu, CEO and Co-founder
Seed
£370K

Equity Gap led the seed round alongside Scottish Enterprise and Innovate UK to fund artificial intelligence development.

"We would like to acknowledge the support of Investing Women Angels, which has not only been a key early investor, but has also supported and mentored us through its AccelerateHER programme"
— Fiona Gillies, Co-founder