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I

InnovateUK

Government

Portfolio

6

companies

Investment by month

By category

  • ConstructionTech£2.4M
  • Uncategorised£2.2M
  • AI/ML£2.0M
  • CleanTech£1.7M
  • AgriTech£1.2M
  • Other£800K

By location

  • London£2.8M
  • Dorset£2.4M
  • Surrey£2.2M
  • Scotland£1.7M
  • Oxford£1.2M

Portfolio companies

BB

Beta Bugs

Producing sustainable insect protein and genetics for the animal feed sector.

B

BuiltAI

BuiltAI offers an artificial intelligence platform for commercial real estate financial modelling and investment underwriting.

BF

Béa Fertility

Béa Fertility provides clinical-grade fertility treatments for home use.

C

Circular11

Circular11 converts low-quality plastic waste into sustainable timber alternatives.

OC

Omega Crop

Omega Crop builds remote-sensing and modelling technology to help farms predict yields and diagnose crop losses.

S

Silveray

Silveray develops novel X-ray conversion materials for safer and more efficient imaging.


Recent investments

£2.4M

The round was co-led by Vectr7 Investment Partners and The FSE Group to expand production of composite timber.

"We believe that every tonne of plastic that gets incinerated is a missed opportunity to deliver low-carbon materials to a construction sector that desperately needs affordable and long-lasting assets. The backing of Vectr7, the South West Investment Fund, FSE and other investors is an important step; it gives us the resources to scale manufacturing, whilst continuing to develop the systems behind our materials and respond to growing pressure on industry to find better uses for plastic waste."
— Benjamin Gibbons, CEO
Other
£1.7M

The funding round was led by The TRICAPITAL Syndicate to expand production and commercial reach.

"Beta Bugs has supplied its industry leading products to an increasing number of established and new entrant insect farmers in the UK and international markets. The company continues to develop its outstanding HiPer-Fly® breeding programme, which has demonstrated consistent increases in Black Soldier Fly genetic performance across multiple, economically valuable production traits."
— Thomas Farrugia, CEO and Founder
Seed
£2.2M

The seed round was led by the UK Innovation & Science Seed Fund to support team expansion and product development.

"X-ray scanners are such a common technology that we don’t often think of them as an area for innovation. But the reality is that the addressable market is huge – far beyond the obvious medical applications, with X-ray equipment critical in a range of sectors from construction to manufacturing. Silveray’s technology could play a key role in bringing the world’s oldest imaging technology into the 21st century."
— Sam Fennell, Partner
Seed
£2.0M

The seed round was backed by investors including MMC Ventures, Plug and Play, and an InnovateUK Smart Grant.

"Until now, analysing the returns of potential commercial real estate deals has been flawed due to the lack of transparent data available."
— Firoz Noordeen, COO
Seed
£1.2M

Oxford Sciences Innovation led the seed investment, which will fund commercialisation and technological advancement.

"The world must create 70% more food by 2050 in a sustainable way. We need to double production, improve efficiencies on existing farmland, and avoid destroying more rainforests. At Omega Crop we can monitor and evaluate vast tracts of farmland, diagnosing crop loss events at scale and enable targeted interventions that will help feed our growing world."
— Jared Bainbridge, CEO