Innovate UK

Innovate UK is a non-departmental public body established in 2007 and based in Swindon, United Kingdom. Funded by a government grant, it supports innovation in science and technology by providing funding services to businesses across various sectors and regions. The organization aims to drive productivity and economic growth by facilitating advancements that contribute to the UK’s economic landscape. In addition to funding, Innovate UK offers a range of services and information related to business and economic development, thereby fostering a supportive environment for innovation.

Mike Biddle

Programme Director of Industrial Strategy Challenge Fund

Will Drury

Executive Director, Digital and Technologies

Paul Gadd

Deputy Director

Dr. Tom Jenkins

Deputy Director

Tim Murley

Interim Chief Investment Officer

Scott James O'Brien

Director, Innovation Finance

Dave Wilkes

Director of Innovation Ecosystem

Past deals in Wales

FuelActive

Grant in 2020
FuelActive Ltd manufactures fuel delivery system. The company’s system helps in eliminating fuel related breakdowns, reduce component replacements, machine downtime and maintenance, harmful emissions, and improves fuel efficiency. It serves construction, mining, transport, military, power generation, marine, and agriculture sector. FuelActive Ltd was formerly known as Fairwater Fuel Systems Limited and changed its name to FuelActive Ltd in June 2007. The company was founded in 1998 and is based in Cardiff, United Kingdom.

Space Forge

Seed Round in 2020
Space Forge Limited is a company based in Bristol, United Kingdom, that focuses on the development of reusable satellites. Established in 2018, the company specializes in manufacturing super materials, including unique alloys and crystals, that are produced in space and cannot be replicated on Earth. These materials have applications across various industries, including computing, telecommunications, and pharmaceuticals. Space Forge operates laboratories in Bristol and Wales to facilitate its research and production activities.

Specific Innovations

Grant in 2017
Specific Innovations is a UK Innovation and Knowledge Centre, led by Swansea University and funded by Welsh Government, EPSRC & Innovate UK. SPECIFIC was one of seven Innovation and Knowledge Centres set up to foster new industries by closing the gap between scientific research and its commercial exploitation. It was set up in 2011 with a five-year £20m commitment from EPSRC, Innovate UK and the Welsh Government together with investment from Swansea University and strategic industrial partners. In April 2016, SPECIFIC began phase two of the project with £26m funding from EPSRC, Innovate UK and the European Regional Development Fund through the Welsh Government, as well as further investment from Swansea University, the industrial partners and matched funding from Cardiff University. The company's vision is to transform the world of energy by creating ‘Active Buildings'​ that can generate, store and release more solar energy than they consume. SPECIFIC’s building concept integrates solar technology into one system – that enables them to generate, store and release their own solar energy – both heat and electricity.
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