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

Scott James O'Brien

Director, Innovation Finance

Nigel Walker

Deputy Director, Lending and Investor Partnerships

Dave Wilkes

Director of Innovation Ecosystem

Past deals in Western Europe

MediaCity Immersive Technologies Innovation Hub

Grant in 2025
MediaCity Immersive Technologies is a unique setting with the highest amount of creative, media, mix technology enterprises outside of London.

Diffblue

Grant in 2025
Diffblue Limited, based in Oxford, United Kingdom, specializes in artificial intelligence software that automates various coding tasks, primarily focusing on enhancing Java development through automated testing solutions. Founded in 2016 as a spin-out from the AI research group at Oxford, Diffblue's technology autonomously generates unit tests, which helps developers save time and ensure software robustness. The software not only creates fully formed tests guaranteed to compile and run, but also identifies and fixes bugs, refactors code, and maintains regression tests. By providing insights into test coverage, code testability, and complexity, Diffblue aims to transform the software development process, making it more efficient and less error-prone.

Paragraf

Grant in 2025
Paragraf Ltd. is a UK-based company established in 2015, specializing in the development and production of graphene-based electronic devices and materials. The company employs contamination-free technology to create high-purity graphene products, which are designed to enhance the performance of various electronic applications. Paragraf's innovations include devices for green energy generation, such as solar photovoltaic cells, as well as advanced sensors for monitoring environmental and health-related parameters. These products aim to optimize process and quality control across industries including electronics, energy, healthcare, and agriculture. By leveraging graphene's unique properties, Paragraf seeks to significantly impact the electronics industry and contribute to advancements in automation and disease research.

Ayming

Grant in 2025
Ayming is a management consulting firm headquartered in Levallois, France, that focuses on optimizing operational performance for its clients. The company provides a range of services, including consulting on human resources costs, tax strategies, operational costs optimization, software solutions, and energy and environmental issues. Additionally, Ayming offers advisory services related to work contributions and wage audits. By leveraging these diverse consulting offerings, Ayming aims to help organizations enhance their efficiency and overall performance while effectively managing social costs associated with taxes and financial operations.

Tewke

Grant in 2024
Tewke, established in 2020 in London, specializes in developing AI-driven home automation technology to reduce energy consumption and enhance living experiences. The company's flagship product, Tap, is an intelligent light switch that requires no rewiring, serving as the foundation for Tewke's energy control and home automation platform. Tap has been recognized internationally, including winning the Red Dot Design Award.

EcoDuct

Grant in 2024
EcoDuct is a cutting-edge, high-performance non-metallic pre-insulated HVAC ductwork system that saves energy, decreases installation time and costs, minimizes environmental effect, and provides pure, uncontaminated air. EcoDuct is the only pre-insulated ductwork system that comes in a variety of shapes and sizes, including circular, flat oval, square, and rectangular, as well as accessories like FCU plenums and grille boxes, and is built sustainably in the UK using cutting-edge production technology. EcoDuct is appropriate for all indoor and outdoor insulated ducting applications, including new construction, retrofits, and modular structures.

Theolytics

Grant in 2024
Theolytics Limited is a clinical-stage biotechnology company founded in 2017 and based in Oxford, United Kingdom. The company specializes in developing oncolytic viral therapies to combat cancer, utilizing a phenotypic screening platform that facilitates the discovery and development of effective, targeted treatment candidates. These therapies are designed for intravenous delivery and tailored to specific patient populations, aiming to provide innovative care options. In addition to advancing its internal pipeline of programs that address both solid and liquid tumors, Theolytics is also focused on forming strategic partnerships to enhance and expedite its pipeline development.

Medannex

Grant in 2024
MedAnnex Limited is a biotechnology company based in Edinburgh, United Kingdom, focused on developing innovative treatments for patients suffering from autoimmune diseases and cancers. Established in 2009, the company specializes in creating monoclonal antibodies, particularly annexuzlimab, which targets and inhibits annexin-A1. This therapeutic approach aims to modulate both the innate and adaptive immune systems, enhancing treatment options for physicians and improving patient outcomes. MedAnnex is committed to advancing first-in-class antibody therapies that can significantly benefit individuals affected by these challenging health conditions.

Marine Power Systems

Grant in 2024
Marine Power Systems Ltd. is a marine renewables technology development company based in Swansea, United Kingdom, established in 2008 by engineering graduates from Swansea University, Dr. Gareth Stockman and Dr. Graham Foster. The company focuses on the development and commercialization of innovative wave energy converters, including its flagship product, WaveSub, along with DualSub and WindSub devices. These converters operate under the sea's surface, adjusting their depth to optimize energy extraction and minimizing damage during severe weather conditions. By harnessing wave energy, Marine Power Systems aims to reduce the costs associated with energy generation from ocean waves, contributing to the renewable energy sector and promoting sustainable energy solutions.

Vector Photonics

Grant in 2024
Vector Photonics is a spin-out company from the University of Glasgow, located in Glasgow, Scotland, a notable center for optical and photonics innovation. The company specializes in developing advanced semiconductor laser technology aimed at enhancing data communications and additive manufacturing processes, including metal and plastic printing. Its innovative approach centers on photonic crystal surface-emitting lasers, which are cost-effective and emit light from their top surface, similar to vertical-cavity surface-emitting lasers (VCSELs). This design facilitates easy packaging and integration into printed circuit boards (PCBs) and electronic assemblies, allowing various industries to seamlessly adopt this semiconductor laser technology into their operations.

BiVictrix Therapeutics

Grant in 2024
BiVictriX Therapeutics Ltd. is a UK-based company focused on drug discovery and development, specializing in bispecific antibody drug conjugates aimed at addressing unmet needs in blood cancer treatment. Established in 2016 and located in Alderley Edge, the company employs its proprietary Bi-Cygni technology to create innovative therapeutics, particularly for various types of cancers, including Acute Myeloid Leukaemia. BiVictriX's expertise encompasses oncology, hematological malignancies, immunotherapy, and antibody research, positioning it as a key player in the development of advanced biotherapeutics and drug development initiatives.

LIfT BioSciences

Grant in 2024
LIfT BioSciences is a biotechnology company based in London, England, founded in 2016. The company specializes in a novel allogeneic innate immuno-cell therapy platform known as Neutrophil Only Leukocyte Infusion Therapy (N-LIfT). This platform enables the large-scale production of Immunomodulatory Alpha Neutrophils (IMANs) derived from induced pluripotent stem cells (iPSCs) for various therapeutic applications. LIfT BioSciences focuses on developing CAR neutrophil cell therapies that address the limitations of existing treatments for solid tumors. These therapies work by directly attacking tumors and indirectly enhancing the immune response, effectively transforming the tumor microenvironment to recruit additional immune cells for a more robust and lasting attack on the cancer. By employing proprietary enhancement media and genetic engineering, LIfT BioSciences aims to significantly increase the cancer-fighting capabilities of these engineered cells, potentially providing patients with greatly improved therapeutic outcomes.

University of Bristol

Grant in 2024
The University of Bristol is a red brick research university that offers a range of educational courses and services. The university is organized into six academic facilities: Faculty of Arts, Faculty of Engineering, Faculty of Medical and Veterinary Sciences, Faculty of Science, Faculty of Medicine and Dentistry, and Faculty of Social Sciences and Law. These faculties together award a range of academic degrees spanning bachelor's and master's degrees as well as junior doctorates and higher doctorates. University of Bristol was established in 1876 and is based in Bristol, United Kingdom.

machineMD

Grant in 2024
machineMD is a medical device company based in Switzerland, with a subsidiary in Boston, that focuses on advancing the fields of neuroscience and ophthalmology. The company aims to enhance the measurement of brain function, striving for timely and accurate diagnoses of brain disorders. By collaborating with a global network of clinical and research partners, machineMD seeks to extend the diagnostic capabilities of specialized medical practitioners to primary and secondary care settings. Its innovative automated device replaces traditional, manual assessments of eye movements and pupillary function, allowing medical assistants to conduct faster and more objective examinations. This technology provides ophthalmologists and neurologists with reliable measurements, ultimately improving patient care in the diagnosis of neurological conditions.

GaitQ

Grant in 2024
GaitQ Limited, founded in 2019 and based in Oxfordshire, United Kingdom, specializes in developing a medical device aimed at assisting individuals with Parkinson's disease in overcoming freezing of gait. The company's product, known as the GaitThaw device, is small and portable, designed to utilize clinically proven sensory cues. These cues facilitate the re-establishment of the connection between the brain and the body, enabling patients to walk more smoothly and confidently.

Outfield

Grant in 2024
Outfield is an agritech company focused on transforming orchard management through its precision farming platform. By utilizing unmanned drones and advanced image recognition technology, Outfield collects and analyzes data to deliver actionable insights on key aspects such as fruit counts, blossom mapping, crop load management, and yield forecasting. This innovative approach significantly improves the accuracy of yield estimates, reducing common errors from 20% to less than 10%, thereby enhancing productivity and profitability for growers. The platform processes drone-captured images and returns detailed maps and insights to users within 24 hours, allowing for efficient decision-making. Currently, the service is being tested by growers in the UK, New Zealand, and South Africa, who have praised its flexibility and speed. Outfield aims to scale its operations, expand its offerings, and enter new market segments as it addresses the growing demand for sustainable and efficient fruit farming solutions.

Fieldwork Robotics

Grant in 2024
Fieldwork Robotics Ltd. is a company based in Plymouth, United Kingdom, established in 2016. It focuses on developing and manufacturing modular robotic tools specifically designed for agricultural applications, particularly for the efficient harvesting of raspberries. The company's innovative tool features a soft, adaptable robotic arm equipped with a highly sensitive gripper that can delicately handle fragile fruits. This technology aims to lower the harvest cost per berry, minimize waste, and offer a reliable and sustainable solution for fruit-growing businesses.

NuKoKo

Grant in 2024
NuKoKo is a bean-to-bar manufacturing company specializing in cocoa-free chocolate. By utilizing ingredients sourced from the UK, the company has developed a patent-pending technology that allows for the production of a novel type of chocolate. This innovative product is designed to be healthier and has a significantly reduced environmental impact compared to traditional chocolate production methods. NuKoKo's offerings are characterized by low carbon emissions, low sugar content, and high protein, catering to consumers seeking sustainable and nutritious alternatives in the chocolate market.

Occuity

Grant in 2024
Occuity Ltd is a company based in Reading, United Kingdom, that focuses on the research, design, and manufacture of non-contact optical instruments for healthcare diagnostics and monitoring. Founded in 2019, it offers a range of handheld devices, including pachymeters, pupillometers, and keratometers, which are utilized in both human and veterinary optometry. These instruments employ light to analyze the eye, facilitating direct measurements that assist optometrists and ophthalmologists in diagnosing and monitoring various health conditions, such as diabetes and Alzheimer's disease. By providing innovative non-contact solutions, Occuity aims to enhance the effectiveness and accessibility of diagnostic and screening technologies in the healthcare sector.

IXICO

Grant in 2024
IXICO plc, established in 1995 and headquartered in London, specializes in providing data analytics services to the global biopharmaceutical industry. The company focuses on the collection, analysis, management, and reporting of data generated during clinical studies, with a particular emphasis on neurological diseases. IXICO's key technologies include Assessa, a digital platform for clinical decision support, and TrialTracker, a comprehensive imaging service workflow management system. The company's end-to-end imaging services are primarily applied in the fields of Alzheimer's, Parkinson's, Huntington's, multiple sclerosis, cerebrovascular, and progressive supranuclear palsy diseases. IXICO's services are utilized to select patients for clinical trials, assess drug safety and efficacy, and for post-marketing surveillance. The company works with pharmaceutical companies, biotech firms, academia, and medical charities worldwide.

SolasCure

Grant in 2024
SolasCure Limited is a biotechnology company based in Wales, United Kingdom, focused on developing innovative solutions for patients with chronic wounds. Founded in 2017, the company is advancing its product Aurase, a hydrogel designed to facilitate wound debridement by removing dead, damaged, or infected tissue to enhance healing. Aurase incorporates a recombinant enzyme derived from maggots, leveraging biomimicry and evidence-based medicine to improve wound care outcomes. SolasCure aims to provide effective wound bed preparation across various healthcare settings, ultimately accelerating the healing process for individuals suffering from chronic wounds.

University of Nottingham

Grant in 2024
The University of Nottingham is a leading, financially secure, campus-based institution renowned for its research, international outlook, and comprehensive academic offerings. It provides undergraduate sport courses and boasts a prestigious business school with campuses in the UK, China, and Malaysia, renowned for its influential research and strong corporate connections. The university is committed to internationalising its core activities, recruiting top students and staff globally, and preparing students for successful futures.

University of Birmingham Endowment

Grant in 2024
The University of Birmingham Endowment is an integral part of the University of Birmingham, based in the United Kingdom. This endowment supports a variety of academic initiatives, including scholarships, professorships, and research programs, which contribute to the university's mission of fostering innovation and advancing knowledge. With a long-standing tradition of excellence, the University of Birmingham is committed to pushing the boundaries of research and education, leveraging its expertise to address contemporary challenges. The endowment's earnings play a crucial role in enabling the university to maintain its reputation for impactful research and academic excellence, ensuring that it continues to develop great minds and influence lives both locally and internationally. The management of the endowment assets is overseen by the council members, who are dedicated to maximizing the fund's contributions to the university's objectives.

Recap

Grant in 2024
Recap operates a cryptocurrency accounting platform designed to simplify tax compliance and portfolio management for users engaged in cryptocurrency transactions. The platform connects with users' accounts across various wallets, blockchains, and exchanges to facilitate portfolio tracking and tax calculation. By offering features such as end-to-end encryption and tax reporting tailored for the US and UK, Recap enables clients to gain clear insights into their cryptocurrency investments and optimize their tax positions. The user-friendly and privacy-focused app addresses the complexities of managing numerous transactions, making it easier for individuals to navigate the intricacies of crypto taxes.

Dragonfly Insulation

Grant in 2024
Dragonfly Insulation is a spin-out from Newcastle University focused on scaling up the production of aerogel materials through an innovative manufacturing process that emphasizes low energy consumption. The company specializes in creating synthetic nanostructured porous ceramic products designed to provide effective thermal insulation across various sectors, including aerospace, defense, marine, oil and gas, and construction. By simplifying the manufacturing process, Dragonfly Insulation aims to improve accessibility to advanced fire safety features in civil applications, catering to a diverse range of industry needs.

Optrical

Grant in 2024
Optrical Limited, founded in 2016 and headquartered in Rotherham, United Kingdom, specializes in the development and manufacturing of micro-optic elements. The company focuses on producing advanced micro-optic film products, primarily for LED and OLED lighting applications, as well as for optical anti-counterfeiting and traceability solutions. Their flagship products include Illumax, which enhances light extraction and management in lighting systems, and Authntrace, designed to provide authentication and traceability features. Optrical utilizes innovative designs and custom UV materials to create printed microstructures that effectively manipulate light, catering to various client needs in the optical sector.

Brompton Bicycle

Grant in 2024
Brompton Bicycle is a manufacturer of folding bicycles based in West London, England. The company specializes in the design and production of the Brompton folding bike, catering to urban residents and commuters. In addition to its signature bicycles, Brompton offers a range of products including electric bikes, bags, clothing, helmets, and various bicycle parts and accessories. These products are available through a network of retail stores and an e-commerce platform, as well as through bike rental services. Brompton Bicycle promotes sustainable and healthy transportation options for its customers.

Ultima Forma

Grant in 2024
Ultima Forma is a manufacturer based in England that specializes in producing lightweight, high-strength, multi-functional metallic engineering components. The company is focused on developing an innovative manufacturing process that enables the creation of complex 3D multi-material components with locally tailored nanoengineered characteristics. By offering customized solutions, Ultima Forma aims to redefine traditional manufacturing methods and deliver components with specific shapes and material properties, enhancing the performance and functionality of various applications.

Concr

Grant in 2024
Concr is a techbio company focused on enhancing cancer treatment by predicting patient responses to various therapies. Utilizing methods from astrophysics, Concr's innovative approach allows for iterative learning from diverse data sources throughout a drug's clinical journey, resulting in accurate multi-modal tumor models without relying on extensive data sets. Its cloud-native platform, FarrSight®, enables researchers to simulate clinical trials, predict therapeutic responses and biomarkers, and conduct standard bioinformatics analyses. This technology aims to identify optimal treatments for individual patients, reduce treatment resistance, and facilitate personalized cancer management. Headquartered in London with a subsidiary in Brisbane, Australia, Concr is backed by several investors, including the University of Cambridge Enterprise and Oncology Ventures.

Flock Mobility

Grant in 2024
Flock Mobility, a UK-based B2B cleantech company, specialises in optimising electric vehicle (EV) fleets for shared transport services. Backed by the European Space Agency, Flock's AI-driven platform enhances vehicle utilisation, routing, and booking, empowering operators to reduce emissions, lower costs, and improve mobility access.

CircKit

Seed Round in 2024
CircKit is the AI-driven B2B SaaS platform that empowers fashion & textiles brands to unlock new growth from circular design. Design sustainable products, make smarter material and production choices, measure and track social & environmental indicators, and meet urgent compliance with ease. By harmonising data and enabling collaborative working across teams, CircKit supports brands to reduce costs, increase profit & unlock revenue from circular design and lucrative end-of-life ‘closed loop’ initiatives. CircKit also powers one of the UK's largest sustainable lifestyle marketplaces, as the destination for brands to reach consumers of Fashion and lifestyle products (Beauty, Food & Drink, Home and Wellness)... __________ Veo® is the marketplace for sustainable lifestyle™. Veo took a tech-first approach to build the world's largest and most sustainable online shopping platform. We have solved the scalability problem inherent in large platforms, and created the lifestyle destination for conscious consumers to discover a world of unique, independent, sustainable brands all in one place. We thoroughly assess and vet all our products and brands, we do the research so you don't have to. That's why we've been Ethical Consumer's most ethical retailer for the last 3 consecutive years running and recognised as a global Top 5% Certified B Corporation, with a score of 130.6 and prestigious ‘Best For The World'. We developed our industry-leading assessment matrix which qualifies and approves the full life cycle of products from brands to join the platform. This instils critical consumer trust and assurance for becoming the world's largest, most sustainable lifestyle shopping platform. Our mission is to revolutionise retail, empowering businesses and consumers to embrace circular and regenerative consumption and production (SDG 12). __________ *most sustainable as Ethical Consumer's top-rated 'ethical online retailer' **largest by number of brands & SKUs

Legal Utopia

Grant in 2024
Legal Utopia is an innovative company dedicated to making legal services more accessible, affordable, and instantaneous for individuals across the UK. By leveraging artificial intelligence, Legal Utopia provides a platform that empowers users to identify their legal issues, comprehend them, and explore available options. The company's mission is to democratize access to legal information, ensuring that people from all backgrounds and circumstances can understand and address their common legal problems as needed. With a focus on user-friendly technology, Legal Utopia aims to transform the way individuals engage with the law, making the legal process simpler and fairer for everyone.

Mesenbio

Grant in 2024
Mesenbio is a preclinical biopharmaceutical company located at the University of York, specializing in cell-derived therapies. It employs a unique technique known as Cell Line Extracellular Vesicle Release (CLEVR), which enhances the development of treatments by addressing common challenges in extracellular vesicle therapy. The company is focused on creating innovative treatments for conditions such as arthritis, utilizing engineered human stem cells. By unlocking the potential of extracellular vesicles, Mesenbio aims to improve access to effective therapies for musculoskeletal diseases, thereby contributing to advancements in medical treatment.

The University of Edinburgh

Grant in 2023
The University of Edinburgh, established in 1583, is a prestigious institution located in Edinburgh, United Kingdom. It is renowned globally for its academic excellence, offering a wide range of disciplines, including its renowned Medical School and Law School. As one of Scotland's ancient universities, it is committed to delivering high-quality education, conducting cutting-edge research, and fostering innovation to address global challenges.

Holly Health

Seed Round in 2023
Holly Health is a digital health coaching application that assists individuals in transforming their health intentions into actionable daily habits for improved mental and physical wellbeing. Utilizing proprietary AI systems, the service mimics the support of a human health coach, offering personalized guidance to users. The application features tools such as habit reminders, tailored health content, and progress tracking, all aimed at helping users establish and maintain healthier routines. Recognized as one of the top health apps for weight management, stress reduction, wellness, and sleep, Holly Health achieved a notable evaluation score of 89% from ORCHA, a leading health app assessment organization. Launched internationally in Summer 2021, the company aims to support five million individuals by 2025 and is actively partnering with primary care practices in the UK, having established over 100 collaborations to date.

Holly Health

Seed Round in 2023
At Holly Health, we are transforming the way individuals approach mental and physical well-being. Founded in 2020, we’ve developed an AI-powered digital health coach that empowers users to turn their health intentions into clear, actionable steps. Our personalized, compassionate service is designed to fit seamlessly into everyday life, supporting long-term, sustainable health changes. Using proprietary AI systems, Holly Health mimics the guidance of a human health coach, offering support in areas such as weight management, stress reduction, wellness, and sleep. We are proud to be ranked among the top 3 health apps by ORCHA, the world’s leading health app evaluation body, with a score of 89%. Since our international launch in 2021, Holly Health has been on a mission to improve the lives of 5 million people by 2025. We are rolling out partnerships with over 100 primary care practices in the UK, helping healthcare professionals support patients with preventative health measures and ongoing well-being. At Holly Health, we believe that health is not a destination but a journey. By offering tailored, science-backed coaching, we make it easier for people to prioritize their well-being every day. Join us as we revolutionize digital health coaching for the modern world.

Holly Health

Grant in 2023
Holly Health is a digital health coaching application that assists individuals in transforming their health intentions into actionable daily habits for improved mental and physical wellbeing. Utilizing proprietary AI systems, the service mimics the support of a human health coach, offering personalized guidance to users. The application features tools such as habit reminders, tailored health content, and progress tracking, all aimed at helping users establish and maintain healthier routines. Recognized as one of the top health apps for weight management, stress reduction, wellness, and sleep, Holly Health achieved a notable evaluation score of 89% from ORCHA, a leading health app assessment organization. Launched internationally in Summer 2021, the company aims to support five million individuals by 2025 and is actively partnering with primary care practices in the UK, having established over 100 collaborations to date.

Multiverse Computing

Grant in 2023
Multiverse Computing SL is a software development company based in San Sebastian, Spain, with an additional office in Toronto, Canada. Founded in 2019, the company specializes in creating quantum computing software that addresses complex financial and macro-economic challenges. Its products are tailored for various applications, including portfolio optimization, risk analysis, and market simulation. By leveraging probabilistic and nondeterministic technologies, Multiverse Computing aims to help organizations across diverse sectors such as banking, energy, manufacturing, and logistics navigate the complexities of the second quantum revolution, ultimately providing them with a competitive advantage in their respective industries.

Beta Bugs

Venture Round in 2023
Beta Bugs is an insect genetics company focused on developing high-performance breeds of Black Soldier Fly for insect farmers. The company's primary mission is to enhance the productivity of the insect protein sector, making it competitive with traditional feed ingredients such as fishmeal and soymeal. To achieve this, Beta Bugs operates a breeding program called HiPer-Fly® and runs an egg production site known as The Multiplier®, supplying its breeds to both UK and international markets. By leveraging biotechnology and breeding techniques, Beta Bugs aims to establish a sustainable protein source that converts food waste into high-quality protein for use in livestock, aquaculture, and pet feed, thereby providing an alternative to conventional feed sources. The company is headquartered at the Easter Bush Campus, collaborating with the Roslin Institute, a leader in animal genetics.

Brainomix

Grant in 2023
Brainomix Limited, established in 2010 as a spin-out from the University of Oxford, develops advanced imaging biomarkers and software solutions aimed at enhancing clinical decision-making for neurological and cerebrovascular disorders. The company's flagship product, e-Stroke, employs state-of-the-art artificial intelligence algorithms to automate the interpretation of brain scans, specifically for acute ischemic stroke patients. This tool assists physicians in identifying and quantifying early stroke damage, thereby facilitating timely and informed treatment decisions. In addition to e-Stroke, Brainomix offers other software products such as e-ASPECTS, which automates the Alberta Stroke Program Early CT Score, and e-CTA, which standardizes the assessment of large vessel occlusion locations. These innovative solutions address the critical need for rapid and consistent evaluations of brain CT scans, ultimately optimizing patient outcomes and ensuring that stroke patients receive appropriate care in a timely manner. The company is headquartered in Oxford, United Kingdom.

Pathios Therapeutics

Grant in 2023
Pathios Therapeutics Limited is an early-stage drug discovery company based in Oxford, United Kingdom, founded in 2017. The company is dedicated to developing therapies for autoimmune diseases and cancer, focusing on small molecule inhibitors that target the pH-sensing G protein-coupled receptor GPR65. These inhibitors are designed to mitigate the immunosuppressive polarization of immune cells, such as tumor-associated macrophages, which is often stimulated by the acidic microenvironment present in tumors. By employing a rigorous scientific approach that includes insights from human genetics and advanced cellular immunology, Pathios aims to generate novel therapeutics that can address advanced solid tumors and other significant medical needs in immuno-oncology.

Carbogenics

Seed Round in 2023
Carbogenics Ltd is a company based in Edinburgh, United Kingdom, specializing in the development and production of sustainable fertilizers and bio-additives. Established in 2016, Carbogenics has created an innovative process that transforms disposable coffee cups and other non-recyclable paper waste into a carbon-rich material, known as CreChar. This product serves as a carbon additive that enhances biogas production in anaerobic digestion and improves plant growth, ultimately benefiting farmers by increasing crop yields and profitability. In addition to its product offerings, Carbogenics also provides consultancy and analytical services to operators in the anaerobic digestion and wastewater treatment sectors, addressing customer inquiries through various communication channels.

Pensana

Grant in 2023
Pensana is a mineral exploration and development company focused on securing the supply of critical rare earth metals. With operations in Angola and Australia, the company aims to produce traceable, low-carbon rare earth products, essential for the manufacturing of electric vehicles, wind turbines, and other strategic industries.

Stablepharma

Grant in 2023
Stablepharma Ltd specializes in developing innovative processes for vaccine stabilization, focusing on its technology platform, StablevaX™, which transforms existing approved vaccines, therapeutics, and diagnostics into thermostable products that do not require refrigeration. This advancement addresses the global challenges associated with cold chain logistics, allowing for efficient and waste-free vaccine delivery. The company has identified up to 60 vaccine candidates suitable for its technology and collaborates with global vaccine manufacturers, academic institutions, and non-governmental organizations to enhance its pipeline of thermostable products. Founded in 2012 and based in Bath, United Kingdom, Stablepharma aims to reduce costs and carbon emissions while expanding access to vaccines for both children and adults.

Genie AI

Grant in 2023
Genie AI Limited is a company based in London, United Kingdom, that specializes in artificial intelligence solutions for the legal sector. It has developed a platform called SuperDrafter, which utilizes machine learning to assist lawyers in drafting contracts more efficiently by leveraging the collective knowledge of their firm. Additionally, Genie AI offers a feature known as Anonymiser that automatically redacts sensitive information from contracts. The company also organizes educational events and training sessions focused on smart contracts and the application of artificial intelligence in legal practices. Founded in 2017, Genie AI aims to enhance the contract drafting process, allowing lawyers to manage client risks and negotiate effectively within tight deadlines.

Kubos Semiconductors

Grant in 2023
Kubos Semiconductors Ltd, established in 2017 and based in Cambridge, United Kingdom, specializes in the development and commercialization of cubic gallium nitride (GaN) technology for the LED manufacturing industry. The company focuses on producing high-efficiency, low-cost semiconductors that enable the creation of green light-emitting diode stacks. By utilizing exclusive licenses for cubic growth and silicon substrates, Kubos Semiconductors aims to enhance energy savings for its clients while reducing production costs. Its innovative approach positions the company as a key player in advancing LED technology through the application of its intellectual property.

Warwick Business School

Grant in 2023
Warwick Business School (WBS), established in 1967 and located in Coventry, United Kingdom, is recognized as the UK's leading institution for finance and business research and education. As the largest department of the University of Warwick, WBS aims to become Europe's premier university-based business school. The school focuses on producing impactful research, cultivating world-class business leaders, and ensuring a significant return on investment for its students, alumni, and partners. WBS offers a range of programs, including undergraduate, master's, MBA, and PhD courses, attracting a diverse student body from approximately 120 countries. Its commitment to developing transformational ideas and enhancing the practice of business and management underpins its prestigious reputation and state-of-the-art facilities.

Laytrix

Grant in 2023
Laytrix Limited specializes in the development of equipment for laying and removing subsea pipelines, serving the offshore industry. Founded in 2017 and headquartered in Darlington, United Kingdom, the company provides a range of solutions tailored to client needs, including design and build, rental, or licensing options. Laytrix's product offerings encompass various modes of operation, such as pipelay mode, carbon capture and storage pipelines, flex lay mode, and pipeline recovery, along with capabilities for decommissioning pipe bundles and cargo handling. Their innovative systems enable clients to efficiently install, utilize, and demobilize equipment, thereby reducing costs and minimizing risks across the oil and gas, renewables, and marine sectors.

Damibu

Grant in 2023
Damibu Ltd is a technology company specialising in innovative digital solutions, particularly for healthcare and public sector organisations. They focus on creating platforms that simplify content management and distribution, enhancing communication efficiency. Notably, their product Damibu Feeds aids NHS groups in the UK by automating content sharing among GP surgeries, saving time and resources. Their approach emphasises user-friendly designs and interoperability, ensuring seamless integration with existing systems. Damibu's commitment to improving digital health communication is evident in their solutions, which aim to streamline processes, ensure content accuracy, and enhance patient engagement through reliable and accessible information dissemination.

Kalium Health

Grant in 2023
Kalium Health Ltd is a company focused on improving kidney care through innovative medical technology. Based in Cambridge, United Kingdom, it designs and manufactures a finger-prick blood test specifically for measuring blood potassium concentration. This test aims to facilitate early treatment for patients, reducing the complications and costs associated with traditional testing methods. By leveraging advanced electrolyte sensing technology, Kalium Health provides patients with accurate, real-time data essential for managing cardiorenal diseases. The company’s first product addresses a significant risk in kidney disease, a condition that imposes substantial financial burdens on healthcare systems. With a clear regulatory pathway and a targeted market strategy, Kalium Health is poised to transform patient care and enhance outcomes for millions affected by kidney disease.

Infleqtion

Grant in 2023
Infleqtion, with offices in the United States, United Kingdom, and Australia, specializes in delivering advanced quantum information solutions tailored to meet critical market needs. Building on 17 years of pioneering research from ColdQuanta, the company develops software-configured, quantum-enabled products that enhance precision and processing power for applications in positioning, navigation, timing, global communication security, and efficiency. Infleqtion's technology serves various sectors, including commercial enterprises and governmental organizations, by providing high-value information streams that facilitate innovation in quantum matter. Its offerings encompass hardware products and AI-powered solutions aimed at advancing resilience in energy distribution and accelerating developments in quantum computing.

New Motion Labs

Debt Financing in 2023
New Motion Labs (NML) is a mechanical engineering intellectual property licensing business based in the United Kingdom that specializes in the development and licensing of innovative sprocket tooth profiles for sprocket manufacturers. Their technology, known as Enduo, revolutionizes the conventional chain drive system by shifting the power transfer method to dual point engagement on both sides of the sprocket tooth. This advancement significantly enhances the durability of chain drives, allowing them to last up to 3.5 times longer while also reducing energy losses by 50%. The new sprocket tooth profile minimizes wear by eliminating relative movement over the teeth under load, which decreases friction and increases overall drivetrain efficiency. Additionally, NML's technology is designed to be retrofittable to existing applications, providing a lightweight and efficient solution for users looking to improve their drivetrain systems.

Cogs

Grant in 2023
Cogs AI is a London-based company founded in 2021 that focuses on providing personalized learning software for students with special educational needs and disabilities. The app is designed to enhance academic outcomes for neurodiverse children by adapting to their individual learning requirements. It generates tailored learning experiences, content, and tasks based on each child's unique cognitive traits, thereby enabling them to reach their full academic potential. Cogs AI aims to create a supportive learning environment that caters specifically to the needs of neurodiverse young people.

Autolomous

Grant in 2023
Autolomous Ltd, founded in 2019 and based in Mayfair, United Kingdom, specializes in developing software solutions for manufacturers of cell and gene therapies. Its flagship platform, autoloMATE®, is a cloud-native system that provides comprehensive support for Advanced Therapies and Vector manufacturing processes. The software facilitates the scheduling of patient cell collections, the transport of these cells to production sites, and the tracking of manufacturing processes to ensure compliance with regulatory standards. It also supports the legal release and timely delivery of patient-specific medicines. The highly configurable platform allows clients to customize workflows and integrates seamlessly with existing systems. Autolomous emphasizes data security by utilizing blockchain technology to maintain the integrity of manufacturing data. The company adheres to strict regulatory guidelines and has achieved several ISO certifications, reflecting its commitment to quality management and environmental standards.

CGT Catapult

Grant in 2023
The Cell and Gene Therapy Catapult is a UK-based center dedicated to fostering innovation in the cell and gene therapy sector. Supported by Innovate UK, its primary objective is to accelerate the development of commercially viable therapies by assisting organizations in translating early-stage research into market-ready products. The Catapult employs over 120 experts in cell and gene therapy and features advanced laboratories for development and viral vector research. Additionally, it is in the process of establishing a £55 million large-scale Good Manufacturing Practice (GMP) manufacturing center to facilitate the market introduction of cell and gene therapies both in the UK and internationally. By offering expertise in clinical trials, process development, manufacturing, regulatory affairs, health economics, and market access, the Catapult aims to help research organizations achieve full-scale commercialization of their therapies.

Equality Group

Grant in 2023
Equality Group is a consulting organization based in London, United Kingdom, founded in 2018. It specializes in diversifying businesses within the finance, technology, and social impact sectors. The firm offers a range of services, including executive search, strategic consultancy, and inclusion education. Additionally, it has developed Honordex, a data platform that benchmarks and ranks companies based on their equity, diversity, and inclusion (EDI) performance. Through its comprehensive approach, Equality Group aims to foster inclusive environments and enhance organizational effectiveness.

Bridgit Care

Grant in 2023
They care for carers all over the UK with whatever complex needs they may have. They help carers to find carer support resources within their local communities, as well as nationally or with their organisation. All of their solutions deliver to UK addresses, so there is no need for carers and their loved ones to leave the comfort of their own homes to access carer support.

Orthonika

Grant in 2023
Orthonika Limited, established in 2014 and based in London, United Kingdom, specializes in the development and manufacturing of MenisciKnit, an anatomical meniscus replacement designed to address severe meniscus injuries. These injuries can significantly impair mobility and lead to complications such as osteoarthritis and the need for knee arthroplasty. Current treatment options, including partial meniscectomy and allograft transplantation, often fall short, leaving a significant unmet need in the market. MenisciKnit employs a unique fiber-reinforced material structure that closely mimics the natural meniscus, aiming to restore proper knee biomechanics. This innovative approach not only provides a solution for those with severe meniscus damage but also supports patients in resuming active lifestyles and offers a comprehensive alternative to traditional knee-related treatments.

Rescape Innovation

Grant in 2023
Rescape Innovation Limited, based in Cardiff, United Kingdom, specializes in the design and manufacture of healthcare equipment focused on enhancing patient experiences. Incorporated in 2017, the company is at the forefront of using virtual reality technology to address various healthcare challenges, including pain management, anxiety reduction, and communication support. Through its innovative virtual reality distraction therapy, Rescape Innovation aims to improve patient outcomes and overall well-being in clinical settings.

Oxford Dynamics

Grant in 2023
Oxford Dynamics develops robotics & AI solutions for space, security & defence sectors. AVIS (A Very Intelligent System) is OD's flagship generative AI platform for the processing of complex multimodal data. Designed to augment human data analysts, AVIS 'force multiples' their throughput; freeing humans to concentrate on high-level decision-making as opposed to lower-level data sifting and comparison. AVIS is in use by a number of UK government agencies via a Framework Lite Agreement. Oxford Dynamics robotics work includes its STRIDER platform, an AI-enabled tracked robot developed to assist with response to Chemical, Biological, Radiological and Nuclear (CBRN) events. Oxford Dynamics is self-funded via a mix of founders cash, grant and contract wins.

i2 media research

Grant in 2023
i2 media research limited is a small interdisciplinary team of experts in how humans and technology can work together – for the benefit of consumers and business. We're the expert consumer insight and user experience research and strategy consultancy based at Goldsmiths University of London, delivering rigorous research and innovation to business. Founded in 2002 as a spin off from Psychology at Goldsmiths, University of London, we are now in our 16th successful year of business. Fully self-funded through commissioned projects and through collaborative research and development projects, i2 media has successfully completed more than 200 commissions, focused on both sides of (and across) the digital divide: from late adopters, to people with very specific access and usability needs, to the earliest adopters of the latest technology and service innovations.

InsideOut

Grant in 2023
InsideOut is a London-based company that focuses on mental health care and well-being support. It has developed a therapy platform aimed at reducing social stigma surrounding mental health and fostering open conversations about the subject. The platform provides continuous therapy support through an online application, which employs an intelligent matching system to connect users with suitable therapists. This approach enables individuals to maintain positive mental well-being by accessing tailored therapeutic resources and support.

Cineon Immersive Training

Grant in 2023
Cineon Immersive Training, based in Exeter, England, specializes in providing a variety of training services, including virtual, behavioral, and immersive training. The company offers eye tracking services that assess a person's attention and concentration, which can indicate their mental, emotional, and cognitive health. In addition to eye tracking, Cineon delivers instructor-led training, e-learning, and virtual reality training solutions tailored for high-risk environments. Their comprehensive approach aims to enhance users' skills and improve overall performance through innovative training methodologies.

Outfield

Grant in 2023
Outfield is an agritech company focused on transforming orchard management through its precision farming platform. By utilizing unmanned drones and advanced image recognition technology, Outfield collects and analyzes data to deliver actionable insights on key aspects such as fruit counts, blossom mapping, crop load management, and yield forecasting. This innovative approach significantly improves the accuracy of yield estimates, reducing common errors from 20% to less than 10%, thereby enhancing productivity and profitability for growers. The platform processes drone-captured images and returns detailed maps and insights to users within 24 hours, allowing for efficient decision-making. Currently, the service is being tested by growers in the UK, New Zealand, and South Africa, who have praised its flexibility and speed. Outfield aims to scale its operations, expand its offerings, and enter new market segments as it addresses the growing demand for sustainable and efficient fruit farming solutions.

Flybox®

Grant in 2023
Flybox® is an Insect Waste Management (IWM) company delivering innovative insect bioconversion technology and expert support to revolutionise waste management. Flybox® provides tailored IWM solutions for established waste and food businesses, alongside a streamlined breeding and monetisation service that simplifies startup and scaling for new operators. Its modular IWM systems integrate seamlessly with existing waste infrastructure, allowing businesses to transform organic waste streams and byproducts into valuable proteins and fertilisers. With patented technology and a steadfast commitment to circular economy principles, Flybox® is advancing global efforts to reduce landfill dependency, minimise reliance on deforestation-linked soy, and enhance food security. Headquartered in the UK and active internationally, Flybox® is a leader in sustainable waste solutions, driving positive change across agriculture, waste management, and environmental resilience.

RoboK

Grant in 2023
RoboK is a computer vision startup based in Cambridge, United Kingdom, founded in 2017. The company specializes in designing and developing simultaneous localization and mapping (SLAM) algorithms and advanced 3D sensing technologies tailored for automotive and industrial applications, including autonomous driving and machine automation. RoboK focuses on enhancing safety and performance in industrial workplaces through innovative, privacy-preserving technology that optimizes the capabilities of existing CCTV systems. By transforming visual data from large-scale transport and logistics infrastructures into actionable insights, RoboK collaborates with major operators in critical sectors to deliver enhanced object detection, classification, and tracking. The company aims to maximize the value of visual data, turning passive surveillance systems into proactive tools for efficiency and safety.

Vitarka Therapeutics

Grant in 2023
Vitarka Therapeutics is a London-based company focused on developing medical technologies and solutions for various types of cancer. The company has created a targeted non-viral delivery platform aimed at intracellular targets in oncology, neuroscience, and neurodegeneration. This innovative platform works by activating the immune system and normalizing tumor vasculature, significantly improving outcomes for late-stage patients suffering from lung, colon, breast, and other cancers. By utilizing re-engineered pore-forming proteins for cell-specific targeting and facilitating the endosomal release of therapeutic cargo, Vitarka Therapeutics aims to provide cancer patients with renewed hope and the potential to lead more normal lives.

Nanovery

Grant in 2023
Nanovery Limited, founded in 2018 and based in London, United Kingdom, specializes in developing nanorobots aimed at detecting cancer mutations. The company's innovative platform utilizes artificial intelligence to facilitate the rapid and ultra-sensitive identification of challenging biomarkers in blood samples. These nanorobots can capture circulating tumor DNA and emit a fluorescent signal, enabling healthcare professionals to conduct point-of-care tests. By facilitating early cancer detection, Nanovery aims to enhance patient outcomes and increase survival rates. The organization is supported by a team of experts in nanotechnology, medicinal chemistry, and artificial intelligence, along with backing from leading academics, clinicians, and industry leaders.

QV Bioelectronics

Grant in 2023
QV Bioelectronics is focused on improving the lives of brain tumor patients through its innovative electric field therapy implant, GRACE. Developed in collaboration with leading neurosurgeons in the UK, GRACE aims to extend the life expectancy of glioblastoma patients, a group historically faced with limited treatment options and poor survival rates. Recognizing the urgent need for effective therapies, co-founders Dr. Richard Fu and Dr. Chris Bullock created a solution to address both the clinical and quality of life challenges faced by patients. The company has garnered nearly $1 million in funding from UK institutions, including Innovate UK, and over $1 million in equity funding from international life science investors. With a multidisciplinary team based in Alderley Park, Cheshire, QV Bioelectronics is dedicated to advancing GRACE from research to clinical application, utilizing cutting-edge materials science to enhance treatment outcomes for patients.

CLUBZERØ

Grant in 2023
CLUBZERØ addresses the pressing issue of packaging waste through its innovative AI-powered zero waste packaging system, offering a scalable and cost-effective alternative to single-use packaging. The company provides a comprehensive service that includes packaging, drop-off points, and logistics, resulting in costs that can be up to 30% lower than traditional single-use options. CLUBZERØ's model stands out by achieving true zero waste, avoiding the contamination and greenhouse gas emissions associated with compostable packaging. By transitioning to CLUBZERØ, brands can potentially reduce CO2 emissions by up to 93%. The system, which uses advanced AI for interoperability, has been successfully implemented in the UK and U.S., fulfilling over 1.3 million orders and preventing 2.6 million single-use items from reaching landfills. The company has partnered with major brands such as Starbucks, McDonald’s, and Coca-Cola, earning accolades from organizations like the Ellen MacArthur Foundation. CLUBZERØ's goal is to transform the returnable packaging sector, enhancing scalability and adaptability while providing a sustainable solution for the food and beverage industry.

Productive Machines

Grant in 2023
Productive Machines specializes in software optimization for the machining industry, helping manufacturers enhance productivity and sustainability. The company utilizes a digital twin of the machining process, incorporating physics, mechanics, dynamics, distortion, and vibration data to simulate and test millions of parameters. This approach allows manufacturers to refine their CAM and Gcode, ultimately improving part quality and reducing cycle times. By addressing issues such as chatter vibrations and tooling costs, Productive Machines enables machining companies to achieve better surface finishes and dimensional accuracy, streamlining their operations and reducing costs. The company emerged as a spin-out from the UK Advanced Manufacturing Research Centre, reflecting its commitment to advancing manufacturing technologies.

Multus

Grant in 2023
Multus is a London-based company established in 2019 that specializes in providing affordable and efficient growth media for the cultivated meat industry. By employing a machine learning approach, Multus develops entirely animal-free growth media tailored specifically for animal cells, helping cultivated meat companies scale their production while maintaining high performance. The company focuses on optimizing growth factor proteins produced by genetically engineered microorganisms, thereby eliminating the environmental drawbacks associated with traditional animal serum-based media. This innovative solution supports the growth of diverse animal cell types and tissues, enabling clients to produce sustainable meat products while minimizing the environmental and economic impacts of conventional meat production.

Brainspark Games

Grant in 2023
Brainspark Games is an educational technology company that develops mobile games. Their focus is on creating free, culturally inclusive, and AI-powered augmented reality games that align with the UK's national curriculum. The company's platform employs technology and gamification to make learning fun and engaging for children, ensuring that the educational content is accurate, culturally nuanced, and accessible to all.

Brainspark Games

Grant in 2023
Brainspark Games is an educational technology company that develops mobile games. Their focus is on creating free, culturally inclusive, and AI-powered augmented reality games that align with the UK's national curriculum. The company's platform employs technology and gamification to make learning fun and engaging for children, ensuring that the educational content is accurate, culturally nuanced, and accessible to all.

Brainspark Games

Grant in 2022
Brainspark Games is an educational technology company that develops mobile games. Their focus is on creating free, culturally inclusive, and AI-powered augmented reality games that align with the UK's national curriculum. The company's platform employs technology and gamification to make learning fun and engaging for children, ensuring that the educational content is accurate, culturally nuanced, and accessible to all.

Healthera

Debt Financing in 2022
Healthera Ltd., established in 2015 and headquartered in Cambridge, UK, specializes in developing digital health solutions. Its flagship product, Healthera, is a pharmacy-integrated medication management app that offers automatic prescription reminders, smart labelling, scheduling, health condition tracking, and professional advice from pharmacists. Additionally, Healthera operates a healthcare marketplace that connects patients with local pharmacies and GPs, enabling faster medicine delivery and personalized care. The company partners with over 1000 pharmacies and Clinical Commissioning Groups (CCGs) across the UK, reaching over 20 million people. Its technology is accredited by NHS Digital and aims to improve prescribing efficiency, patient experience, and reduce wastage within the NHS.

WeWALK

Grant in 2022
WeWALK Limited is a company based in London, United Kingdom, that develops innovative mobility tools for visually impaired individuals. Founded in 2017, WeWALK has created a smart cane equipped with advanced technology, including an ultrasonic sensor that detects obstacles above chest level and vibrates to alert users of nearby objects. This smart cane is enhanced by the WeWalk mobile application, which facilitates outdoor navigation, wayfinding, and public transportation integration. The company aims to empower visually impaired individuals by promoting independence and safety in their daily lives, thereby fostering social inclusion and transforming mobility experiences through the use of artificial intelligence and modern technology.

Vann

Grant in 2022
Vann is a platform for people affected by cancer aiming to help millions of people globally and revolutionize cancer research and care. Vann has been backed by the Oxford University Innovation, Innovate UK, OxLEP European Regional Development Fund, and UK angel investors and is based in the UK.

iEthico

Grant in 2022
iEthico is a company focused on resolving drug supply and shortage issues through a digital supply chain platform. This platform streamlines the sourcing of medicines by providing automated, cloud-based services that track data and generate essential insights. It alerts users to potential shortages and connects pharmacists with reliable suppliers, thereby empowering them to manage their inventory effectively. The service features an MHRA-approved automated regulatory process that minimizes paperwork, saving time for pharmacies. Following successful market testing, iEthico's solution is currently being rolled out to community pharmacies and NHS Trusts across the UK, aiming to enhance the efficiency of medicine distribution and reduce costs for healthcare providers.

OutThink

Seed Round in 2022
OutThink is a London-based cybersecurity start-up that specializes in a human risk management platform designed to enhance employee engagement and foster a risk-aware culture within organizations. Recognized for its innovative approach by industry leaders, the company offers a SaaS solution that identifies and mitigates risky behaviors among the workforce. By quantifying human risk, OutThink's platform enables organizations to tailor awareness training based on employee behaviors and attitudes, thereby improving cybersecurity engagement and productivity. This targeted approach not only reduces employee risk but also assists clients in complying with regulatory standards, addressing the increasing demand for a well-trained workforce in the face of rising cyber threats.

LabGenius

Grant in 2022
LabGenius Ltd is a biopharmaceutical company based in London that focuses on discovering new biological molecules through the integration of artificial intelligence, automation, and synthetic DNA. Founded in 2012, the company has developed a robotic platform known as EVA, which acts as a robot scientist capable of designing, conducting, and learning from its own experiments. LabGenius specializes in developing next-generation protein therapeutics aimed at addressing unmet medical needs, including conditions like Inflammatory Bowel Disease. Their innovative approach utilizes advanced machine learning and synthetic biology to engineer the properties of protein drugs, enhancing attributes such as protease stability and tissue penetration. This technology enables the efficient creation of protein therapeutics, providing physicians with access to cutting-edge treatments developed through robotic automation.

Acurable

Grant in 2022
Acurable Limited is a MedTech start-up based in London that specializes in the design and commercialization of a wearable sensor-based health care device aimed at diagnosing and managing respiratory conditions in a non-invasive manner. The company's flagship product, AcuPebble, allows for the diagnosis of sleep apnea and the monitoring of various respiratory and cardiac conditions through advanced algorithms that analyze acoustic signals. This technology, which emerged from a decade of research at Imperial College London, provides more accurate readings than existing solutions, significantly reducing the risk of misdiagnosis. AcuPebble is designed for home use, requiring no specialist training, which helps lower healthcare costs. Acurable's mission is to gain a comprehensive understanding of human biosignals to ensure that treatable conditions do not result in preventable deaths.

Adamo Foods

Grant in 2022
Adamo Foods is a UK-based food technology company focused on developing plant-based whole-cut meats through innovative fermentation techniques and mycelium. The company aims to produce sustainable alternatives to traditional meat products, utilizing precision fermentation to create functional meat proteins. By harnessing fungal mycelium, Adamo Foods offers consumers an efficient, sustainable, and ethical way to enjoy meat-like experiences without sacrificing taste or quality.

Aegiq

Grant in 2022
Aegiq Ltd. is a company based in Sheffield, United Kingdom, specializing in semiconductor-based quantum photonic chips. Established in 2019, it focuses on developing a universal quantum computing platform that integrates photonic quantum computing and networking technologies. Aegiq's solutions cater to a variety of industries, including defense, aerospace, cybersecurity, and artificial intelligence, addressing complex computational challenges with an emphasis on speed, compactness, and modularity. The company's innovative hybrid integrated photonics approach aims to facilitate large-scale quantum computing with the capacity for multi-million qubit operations, ultimately contributing to advancements in quantum cybersecurity and networking.

Stemnovate

Grant in 2022
Stemnovate Limited is a biotechnology company based in Cambridge, United Kingdom, founded in 2016. It specializes in providing innovative tools and technologies for drug screening and safety testing. Its offerings include induced pluripotent stem cells, human and multispecies primary cells, and a comprehensive cell culture and analysis package. The company utilizes advanced devices such as micro physiological systems and microfluidic designs to enhance drug discovery. One of its notable projects, "Liver on chip," focuses on liver toxicity testing and incorporates techniques like cellular reprogramming and organ-on-chip technology. Stemnovate also offers services in cell reprogramming, differentiation, and application development, catering to a diverse clientele that includes pharmacists, contract research organizations, small to medium enterprises, and academic institutions.

Paragraf

Grant in 2022
Paragraf Ltd. is a UK-based company established in 2015, specializing in the development and production of graphene-based electronic devices and materials. The company employs contamination-free technology to create high-purity graphene products, which are designed to enhance the performance of various electronic applications. Paragraf's innovations include devices for green energy generation, such as solar photovoltaic cells, as well as advanced sensors for monitoring environmental and health-related parameters. These products aim to optimize process and quality control across industries including electronics, energy, healthcare, and agriculture. By leveraging graphene's unique properties, Paragraf seeks to significantly impact the electronics industry and contribute to advancements in automation and disease research.

Better Nature

Grant in 2022
Better Nature Ltd. specializes in the production of packaged organic food products, focusing primarily on plant-based protein offerings. The company’s product range includes various forms of tempeh, such as tempeh mince, tempeh rashers, smoked tempeh, and lupin tempeh, all designed to support a vegan diet. Tempeh, a key ingredient in their products, is made by fermenting cooked soybeans, resulting in a nutrient-dense block that is rich in protein, prebiotics, and fiber, while also being gluten-free. Established in 2018 and headquartered in Chesterfield, United Kingdom, Better Nature distributes its products through an online platform, making them accessible to a wider audience seeking healthy and sustainable food options.

Biotangents

Debt Financing in 2022
Biotangents Ltd., founded in 2015 and based in Glasgow, United Kingdom, specializes in designing and building biological pathways for the production of valuable natural materials. The company utilizes its proprietary Leapfrog Assembly platform to create complex genetic constructs from various DNA components. Among its innovations is the development of terpenoid biosynthesis strains and the Short Sequence Randomisation technology for DNA randomisation. Biotangents has also conceptualized Moduleic Sensing, a modular cell-free nucleic acid detection technology, which led to the creation of a diagnostic test for identifying infectious diseases in livestock. This veterinary diagnostic device employs isothermal amplification technology, enabling precise detection without significant technical demands and allowing for quick adaptation to new targets. The solutions provided by Biotangents aim to mitigate the impact of infectious diseases in livestock, thereby enhancing the efficiency of animal protein production.

Veolia UK

Grant in 2022
Veolia UK is a prominent provider of environmental solutions, focusing on the management of water, waste, and energy. The company delivers a wide range of services, including water treatment, sustainable water management, wastewater reuse, waste sorting, and collection. Operating as part of a global group with a significant workforce, Veolia UK supports various sectors, including industrial, commercial, healthcare, and municipal organizations. Its commitment to sustainability aims to enhance resource access, preserve existing resources, and promote their replenishment. Veolia UK plays a vital role in contributing to the sustainable development of communities and industries throughout the region.

Stok.ly

Grant in 2022
Stokly Ltd is a UK-based company that specializes in designing and developing multi-channel retail software solutions for small to medium-sized retailers. Founded in 2015 and headquartered in Hereford, the company offers a cloud-based platform that enables retailers to manage their businesses across various e-commerce channels, including their own websites, Facebook, and eBay. Stokly's software features inventory management, ePOS capabilities, and seamless integration with multiple online retail platforms. By providing a user-friendly interface accessible from any device, Stokly allows retailers to oversee their operations from a single dashboard, enhancing efficiency and facilitating growth without upfront fees or long-term contracts.

Earth Rover

Grant in 2022
Earth Rover Limited is a company based in Newport, United Kingdom, that specializes in developing robotic agriculture systems aimed at enhancing farming practices. Founded in 2017, the company creates autonomous farming robots designed to improve precision farming through applications such as scouting, weeding, and selective harvesting. These robots utilize technology originally developed for the ExoMars Rover, modified to support precision tools and to work in conjunction with an intelligent data platform. This innovative approach enables farmers to transition from traditional farming methods to more autonomous and efficient agricultural practices, promoting the production of fresh and chemical-free products.

Puraffinity

Grant in 2022
Puraffinity Ltd, founded in 2015 and based in London, specializes in innovative water treatment and purification solutions. The company, which was previously known as Customem Ltd before rebranding in July 2019, has developed a sustainable bio-based adsorbent material designed to effectively remove challenging pollutants from contaminated water and wastewater. Utilizing advanced supramolecular chemistry, Puraffinity's technology allows for the selective capture of micro-pollutants, including pesticides, pharmaceuticals, and hazardous chemicals such as per- and polyfluoroalkyl substances. This capability enables clients to comply with stringent wastewater regulations while contributing to the protection of local ecosystems. Puraffinity is committed to addressing pressing water quality challenges through environmentally sustainable practices.

Outfield

Grant in 2022
Outfield is an agritech company focused on transforming orchard management through its precision farming platform. By utilizing unmanned drones and advanced image recognition technology, Outfield collects and analyzes data to deliver actionable insights on key aspects such as fruit counts, blossom mapping, crop load management, and yield forecasting. This innovative approach significantly improves the accuracy of yield estimates, reducing common errors from 20% to less than 10%, thereby enhancing productivity and profitability for growers. The platform processes drone-captured images and returns detailed maps and insights to users within 24 hours, allowing for efficient decision-making. Currently, the service is being tested by growers in the UK, New Zealand, and South Africa, who have praised its flexibility and speed. Outfield aims to scale its operations, expand its offerings, and enter new market segments as it addresses the growing demand for sustainable and efficient fruit farming solutions.

Anya

Debt Financing in 2022
Anya is a company focused on providing support to mothers and families during breastfeeding and early parenthood. It develops an application that employs 3D interactive technology and artificial intelligence to assist parents in acquiring essential parenting and infant feeding skills. This innovative platform offers virtual companionship and connects families with peer-to-peer and professional support, enabling them to access guidance anytime and anywhere. By leveraging specialist support, Anya aims to enhance the parenting experience and address health disparities in maternity care, fostering a supportive community for new parents.

Paranimo

Venture Round in 2022
Paranimo is focused on enhancing workplace mental health by providing accessible and effective support solutions. The company employs advanced matching intelligence within its software-as-a-service (SaaS) and consulting offerings, aimed at helping HR managers improve employee well-being. By connecting clients with therapists across the United Kingdom, Paranimo's technology enables therapists to evaluate and rank mental health conditions they can address, thereby creating a percentage match with potential clients. This approach facilitates convenient access to therapy sessions, promoting increased mental health awareness and support in the workplace.

Brainspark Games

Grant in 2022
Brainspark Games is an educational technology company that develops mobile games. Their focus is on creating free, culturally inclusive, and AI-powered augmented reality games that align with the UK's national curriculum. The company's platform employs technology and gamification to make learning fun and engaging for children, ensuring that the educational content is accurate, culturally nuanced, and accessible to all.

Xampla

Grant in 2022
Xampla Ltd is a cleantech company based in Cambridge, United Kingdom, that specializes in developing plant protein-based materials as sustainable alternatives to traditional plastics and microplastics. Founded in 2018, Xampla produces a variety of products, including microcapsules, films, coatings, and beads, which are designed for use in sectors such as food, cosmetics, household products, animal feed, packaging, and medical applications. All materials are biodegradable and biocompatible, made without synthetic ingredients, allowing clients to create environmentally friendly products that minimize pollution.

ev.energy

Grant in 2022
Ev.energy is a London-based smart charging software platform for electric vehicles, founded in 2018. The company specializes in energy intelligence software that connects wirelessly to various electric vehicles and Level 2 chargers. It intelligently manages the charging process in alignment with utility and network signals, aiming to make charging both cleaner and more affordable for users. Through a mobile application, Ev.energy engages customers and offers rewards, enabling them to charge their electric vehicles at home while effectively reducing both costs and carbon emissions.

Drone Ag

Grant in 2022
Drone Ag is a UK-based company focused on enhancing agricultural productivity through drone automation and artificial intelligence software. The team comprises farmers, agronomists, drone pilots, and software engineers who leverage their extensive experience from operating drone systems on their own 6,000-acre farm. The company offers a range of services, including drone training courses and user-friendly software solutions. By collecting and analyzing leaf-level crop data, Drone Ag enables farmers to optimize the application of resources, guiding ground machinery and drone sprayers to specific areas of fields at appropriate times. This practical approach to precision agriculture ensures that the company's offerings are grounded in real-world experience, allowing clients to improve their farming practices effectively.

Brainspark Games

Grant in 2022
Brainspark Games is an educational technology company that develops mobile games. Their focus is on creating free, culturally inclusive, and AI-powered augmented reality games that align with the UK's national curriculum. The company's platform employs technology and gamification to make learning fun and engaging for children, ensuring that the educational content is accurate, culturally nuanced, and accessible to all.
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