Plexal

Plexal, founded in 2016 and located in London, is Europe’s largest innovation ecosystem, situated at Queen Elizabeth Olympic Park. It operates as a mini-city that integrates civic spaces and community services with flexible private offices, fostering a vibrant community of innovators and collaborators focused on enhancing life through technology. Plexal offers a comprehensive range of business services, including innovation and accelerator programs, in-house professional services, and a makers lab for rapid prototyping. The organization also provides entrepreneurship training, mentorship, and hosts industry-leading events, all designed to support and nurture the development of new ideas and technologies.

Saj Huq

Chief Commercial Officer and Director of Innovation Services

Andrew Roughan

CEO

11 past transactions

CyberCyte

Non Equity Assistance in 2024
CyberCyte is a UK based cybersecurity company that provides a framework of solutions based on the concept of Circle of Zero Trust for identity, network, and end-point security. CyberCyte products have become the preferred technology in major international banks, enterprises and government agencies to protect their users and digital assets seamlessly with minimum operational overhead. CyberCyte is consolidating its solutions in a new platform called CloudCyte. CloudCyte is a multi-tenant SaaS platform designed to provide 360° Security for End-Users. The system allows organisations and MSSP's to deploy the solution on their premise or any cloud platform in minutes.

Angoka

Non Equity Assistance in 2024
Angoka is an IoT security company based in Belfast, with additional offices in London and The Hague, dedicated to safeguarding machine-to-machine communications in smart cities and mobility applications. The company provides solutions that protect the identities of devices, addressing the vulnerabilities associated with the growing number of insecure networks linked to the Internet of Things. By ensuring the integrity of communications and the provenance of data, Angoka creates trusted connections in environments that may otherwise be untrustworthy. The company has achieved notable recognition, being selected for programs such as Zenzic’s CAM Scale-Up Programme and the NCSC’s Cyber Accelerator, as well as participating in initiatives like Seraphim Space Camp and TechNation Cyber 2.0. Angoka has also received funding for several research and development projects from Innovate UK, focusing on securing quantum communications and drone technology.

Magdrive

Seed Round in 2024
Magdrive Limited, founded in 2019 and based in Didcot, United Kingdom, focuses on developing advanced spacecraft propulsion systems specifically for small satellites. The company has created a next-generation plasma thruster technology that merges the high thrust capabilities of chemical rockets with the efficiency of electric thrusters. This innovation allows spacecraft to achieve faster speeds and extend mission durations while minimizing the amount of propellant needed for various maneuvers. By improving fuel efficiency, Magdrive aims to provide satellite operators and manufacturers with a more cost-effective means of accessing space, particularly for missions in Low Earth Orbit.

Physical Mind London

Non Equity Assistance in 2024
Physical Mind London provides astronaut and parastronaut exercise hardware solutions.

BioOrbit

Non Equity Assistance in 2024
BioOrbit is a space manufacturing firm that develops hardware for large-scale protein drug crystallization.

Yondar

Non Equity Assistance in 2024
Yondar provides unique and accessible STEM-focused instructional tools to students worldwide.

D-RisQ

Non Equity Assistance in 2024
D-RisQ Ltd. is a company based in Malvern, United Kingdom, that specializes in IT consulting services with a focus on enhancing system safety through the development of automated software verification tools. Founded in 2011, D-RisQ offers products such as Kapture, which helps users formulate clear and verifiable software requirements, and Modelworks, which automates the verification of designs created in Simulink and Stateflow. The company's innovative approach employs formal methods of mathematical technology, enabling efficient verification of software from design to object code. This reduces the reliance on extensive testing and highly trained engineers, allowing businesses in diverse sectors, including aerospace, automotive, and security, to meet stringent regulatory standards more cost-effectively and swiftly than traditional methods.

Aquark Technologies

Non Equity Assistance in 2024
Aquark Technologies develops atom systems to develop quantum applications, including atomic clocks, sensors, and navigation systems. Aquark develops a technique to miniaturize cold atom systems using unique laser geometry that is based on more than 10 years of proprietary research at the University of Southampton.

LIA Aerospace

Non Equity Assistance in 2024
Creating the green space propulsion of the future. At LIA Aerospace, we commercialise bi-propellant, green, non-toxic spacecraft propulsion systems. We offer our clients a solution to get to comercial operation in hours instead of months, which enables NewSpace companies to grow faster and aim for bolder missions.

Applied Atomics

Non Equity Assistance in 2024
Applied Atomics is a company focused on sustainable aerospace components aimed at advancing space propulsion technologies. It is currently developing a novel hybrid thruster designed for small satellite propulsion. Additionally, Applied Atomics has a long-term vision that includes the exploration of nuclear electric propulsion and deep space services. Through these innovations, the company seeks to enable humanity to explore the universe while emphasizing sustainability in its operations.
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