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 Electric Vehicle

Monumo

Grant in 2024
Monumo is a deeptech engineering firm specializing in the development of advanced electric motor systems for electric vehicles (EVs). The company leverages a proprietary blend of simulation, machine learning, artificial intelligence, and motor design technologies to create next-generation EV motor systems that surpass human capabilities. Monumo's innovative electromagnetic engineering tools aim to optimize energy usage globally, contributing to a sustainable future by enabling companies to maximize the efficiency of electric motors.

Brompton Bicycle

Grant in 2024
Brompton Bicycle is a manufacturer of folding bicycles based in West London, England. The company specializes in producing the Brompton folding bike, which is designed for urban living and commuting. In addition to bicycles, Brompton offers a range of products including electric bikes, bags, clothing, helmets, and various bicycle parts and accessories. The company operates through a network of retail stores and an e-commerce platform, allowing customers to easily access its products. Brompton also provides bike rental services, promoting a sustainable and healthy mode of transportation for city dwellers and visitors alike.

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.

Pensana

Grant in 2023
Pensana is a mineral exploration and development company focused on the supply chain for rare earth metals essential for electric vehicles, wind turbines, and other strategic industries. The company operates primarily in Angola and the UK, with key projects including the Longonjo and Coola Exploration sites. Pensana aims to provide traceable rare earth products while committing to producing the lowest embedded carbon in the market. By leveraging its resources and expertise, the company is positioned to meet the growing demand for sustainable and responsibly sourced rare earth materials.

Chassis Autonomy

Grant in 2023
Chassis Autonomy focuses on the design, development, and production of advanced steer-by-wire and brake-by-wire systems specifically for Level 4 and Level 5 autonomous vehicles. The company aims to enhance autonomous mobility through the creation of fail-operational steering and braking systems, ensuring safe and reliable operation in highly automated and fully autonomous vehicles. By leveraging innovative actuation technology, Chassis Autonomy is positioned to contribute significantly to the evolving landscape of autonomous transportation.

TaiSan

Grant in 2023
TaiSan is a company focused on the development of innovative battery materials, specifically proprietary quasi-solid gel polymer electrolytes and sodium-potassium metal anodes. These advancements facilitate the creation of quasi-solid-state sodium batteries, which offer superior energy density compared to traditional battery technologies. TaiSan collaborates with battery manufacturers and automotive original equipment manufacturers (OEMs) to scale its technology, having signed 19 non-binding memoranda of understanding. The company's electrolyte and anode materials enhance the performance of sodium batteries, enabling faster charging, minimizing dendrite growth that can limit battery cycle life, and reducing leakage and fire risks. TaiSan's contributions aim to support the automotive industry's transition to more efficient and safer electric vehicles.

Dynex Semiconductor

Grant in 2023
Dynex Power Inc., through its subsidiary Dynex Semiconductor Limited, specializes in the design, manufacture, and sale of industrial power equipment globally. The company offers a range of products, including high power bipolar discrete semiconductors, insulated gate bipolar transistor (IGBT) modules, and high power electronic assemblies. These products serve various sectors such as railway propulsion, industrial electric power transmission, renewable energy, heavy industries, factory automation, marine propulsion, aerospace systems, and electric vehicles. Founded in 1956 and headquartered in Kanata, Canada, Dynex operates a facility in Lincoln, England, which houses integrated operations for silicon fabrication, assembly, testing, and product development. The company is primarily owned by Zhuzhou CRRC Times Electric Co., Ltd.

AutoNeura

Grant in 2022
AutoNeura is a technology company that specializes in developing intelligent software aimed at enhancing the connection between physics and engineering in the automotive sector. Its innovative solutions enable vehicle manufacturers, institutions, and hardware providers to conduct complex tests on vehicle propulsion systems more efficiently and cost-effectively. By utilizing proprietary software on existing hardware, AutoNeura facilitates comprehensive testing in laboratory settings, significantly reducing the expenses associated with propulsion system development and testing. The company's offerings empower vehicle developers to optimize control systems, manage data and analytics, and streamline the vehicle development process, ultimately improving profitability within the automotive value chain.

EVware

Pre Seed Round in 2022
EVware is a next-generation digital platform that supports mobility companies in integrating advanced digital interfaces and connected services across various vehicle types. By leveraging its human-machine interface (HMI) and connected vehicle technology, EVware enables original equipment manufacturers (OEMs) to analyze data from mobility products effectively. This innovative approach allows OEMs to deliver sustainable transportation solutions to market more quickly and at significantly reduced costs compared to traditional methods. As a result, EVware plays a crucial role in enhancing the efficiency and affordability of vehicle development in the evolving mobility landscape.

Chassis Autonomy

Grant in 2022
Chassis Autonomy focuses on the design, development, and production of advanced steer-by-wire and brake-by-wire systems specifically for Level 4 and Level 5 autonomous vehicles. The company aims to enhance autonomous mobility through the creation of fail-operational steering and braking systems, ensuring safe and reliable operation in highly automated and fully autonomous vehicles. By leveraging innovative actuation technology, Chassis Autonomy is positioned to contribute significantly to the evolving landscape of autonomous transportation.

ev.energy

Grant in 2022
Ev.energy is a London-based company founded in 2018 that specializes in smart charging software for electric vehicles. The company develops an energy intelligence platform designed to optimize the charging process, making it both environmentally friendly and cost-effective for utility providers and their customers. By wirelessly connecting to various electric vehicles and Level 2 chargers, Ev.energy intelligently manages the charging of these vehicles in accordance with utility and network signals. This approach not only helps to reduce carbon emissions but also engages customers through a mobile application that rewards them for their participation. Through its innovative solutions, Ev.energy aims to facilitate affordable and sustainable electric vehicle charging for drivers at home.

Dynex Semiconductor

Grant in 2022
Dynex Power Inc., through its subsidiary Dynex Semiconductor Limited, specializes in the design, manufacture, and sale of industrial power equipment globally. The company offers a range of products, including high power bipolar discrete semiconductors, insulated gate bipolar transistor (IGBT) modules, and high power electronic assemblies. These products serve various sectors such as railway propulsion, industrial electric power transmission, renewable energy, heavy industries, factory automation, marine propulsion, aerospace systems, and electric vehicles. Founded in 1956 and headquartered in Kanata, Canada, Dynex operates a facility in Lincoln, England, which houses integrated operations for silicon fabrication, assembly, testing, and product development. The company is primarily owned by Zhuzhou CRRC Times Electric Co., Ltd.

OX Delivers

Grant in 2021
OX Delivers is a logistics company focused on emerging markets. It operates by providing affordable transportation services using its unique, purpose-designed electric trucks that emit zero greenhouse gases. The company's offerings extend beyond just transport; it also provides digital platforms and operational models to facilitate efficient goods shipment for businesses of all sizes. This comprehensive approach aims to create economic growth and social impact in the regions it serves.

Addionics

Grant in 2021
Addionics Limited is a company focused on designing and developing advanced rechargeable batteries, primarily for electric vehicles. Founded in 2017 and headquartered in London, with an additional office in Tel-Aviv, Israel, Addionics specializes in innovative battery architecture that enhances energy density, reduces charging times, and improves thermal safety. The company utilizes a unique 3D battery architecture to minimize internal resistance and enhance mechanical longevity, thereby significantly improving overall battery performance. By transforming the physical structure of batteries at a microscopic level, Addionics aims to revolutionize energy storage and delivery, supporting battery manufacturers and automakers in producing safer, more efficient, and cost-effective energy solutions. The company's efforts are geared towards accelerating the development and scalability of its proprietary technology, contributing to a more sustainable future.

Bonnet

Grant in 2021
Bonnet Ltd. is a London-based company established in 2019 that specializes in charging-as-a-service solutions for electric vehicle drivers. Its platform simplifies the charging experience by enabling users to access a wide network of public chargers through a single application, eliminating the need for separate registrations with individual charging networks. By streamlining the process, Bonnet aims to enhance convenience for both drivers and businesses, facilitating easier and more efficient electric vehicle charging.

Levistor

Grant in 2021
Levistor is a British company focused on creating innovative energy storage solutions to support the future of electric transportation. The company is developing a cost-effective and durable technology aimed at enabling ultra-rapid charging for electric vehicles. By utilizing renewable energy storage methods, Levistor seeks to address common issues associated with battery degradation and environmental concerns. The technology aims to replace harmful battery chemicals with more conventional materials like steel and copper, which have a lower carbon footprint. This approach not only facilitates faster energy delivery to electric vehicles but also aligns with the growing demand for sustainable and efficient energy solutions in the automotive sector.

Potenza Technology

Grant in 2021
Potenza Technology Limited, established in 1999 and based in Warwickshire, United Kingdom, specializes in the design and manufacture of electric and hybrid powertrain systems. As a subsidiary of FPT Industrial S.p.A., the company focuses on low and zero-emission technologies, particularly in the development of high energy density lithium battery packs. Potenza Technology offers a comprehensive suite of services, including battery management systems, systems integration and control, as well as safety engineering for electric and hybrid vehicles. Its expertise extends to a range of automotive applications, encompassing body systems and powertrain control, positioning Potenza Technology as a key player in the evolving automotive sector.

OX Delivers

Grant in 2021
OX Delivers is a logistics company focused on emerging markets. It operates by providing affordable transportation services using its unique, purpose-designed electric trucks that emit zero greenhouse gases. The company's offerings extend beyond just transport; it also provides digital platforms and operational models to facilitate efficient goods shipment for businesses of all sizes. This comprehensive approach aims to create economic growth and social impact in the regions it serves.

Connected Energy

Grant in 2021
Connected Energy Ltd, founded in 2010 and based in Newcastle upon Tyne, United Kingdom, specializes in energy storage solutions by utilizing recycled electric vehicle batteries through its innovative E-STOR technology. This system allows businesses to convert used car batteries into energy storage systems, enabling them to store excess energy for later use. Connected Energy's offerings include software and services that enhance load management, optimizing efficiency and cost savings across various sectors, including healthcare, education, industrial, retail, and utilities. The company has established a diverse client base and operates systems across the UK, Belgium, Germany, and the Netherlands, with capacities ranging from 60 kW to 1.2 MW, and plans for larger installations in the future. As a subsidiary of Future Transport Systems Ltd, Connected Energy aims to commercialize the research and development conducted by its parent company.

ZeroAvia

Grant in 2020
ZeroAvia, Inc. is a company focused on developing zero-emission aircraft and hydrogen-electric propulsion systems aimed at transforming short-haul commercial aviation. Established in 2017 and headquartered in Hollister, California, with an additional office in Cranfield, United Kingdom, ZeroAvia is dedicated to eliminating aviation emissions while maintaining operational efficiency. The company's innovative powertrain utilizes a hydrogen fuel-cell system, allowing for retrofitting of existing aircraft and facilitating the adoption of sustainable aviation practices. By emphasizing scalable technologies, ZeroAvia seeks to partner with various stakeholders in the aviation industry to provide cleaner, more efficient flight options, thereby reducing costs and carbon dioxide emissions associated with air travel.

Diode

Grant in 2020
Diode is a company focused on facilitating the transition to net-zero products, particularly in the electric vehicle sector. It operates a sales enablement platform designed to empower consumers by providing personalized recommendations and seamless digital experiences. The platform utilizes engaging survey tools to attract and retain customers, driving adoption of electric vehicles and other energy-efficient technologies. Additionally, Diode offers infrastructure recommendations and charge point procurement services for businesses of various sizes, enhancing customer satisfaction and supporting sales growth. By maximizing conversion rates, Diode aims to lead in the promotion of sustainable energy solutions.

Warwick Acoustics

Grant in 2020
Warwick Acoustics, established in 2002 and based in Nuneaton, UK, specialises in the development and manufacture of high-resolution audio systems. The company is renowned for its patented High Precision Electrostatic Laminate (HPEL) technology, which enables ultra-thin, lightweight speakers delivering superior audiophile performance across an extensive bandwidth. Warwick Acoustics focuses on creating innovative audio solutions for both the headphone market and the automotive industry, with a particular emphasis on enhancing the in-car audio experience within electric vehicles. Their products are designed from scratch to provide the best personal audio listening experience, while also promoting sustainability through the use of mass-upcycled and recyclable materials.

Trojan Energy

Grant in 2020
Trojan Energy Limited is a UK-based company that specializes in providing innovative charging infrastructure solutions for electric vehicles. Incorporated in 2016 and located in Stonehaven, Trojan Energy focuses on the development and deployment of on-street flat and flush electric vehicle charging points. This initiative addresses the challenges faced by vehicle owners who lack access to off-street parking, enabling them to conveniently charge their vehicles wherever parking is available. By offering a practical and accessible charging system, Trojan Energy aims to enhance the user experience for electric vehicle drivers and support the broader adoption of electric mobility.

ev.energy

Grant in 2019
Ev.energy is a London-based company founded in 2018 that specializes in smart charging software for electric vehicles. The company develops an energy intelligence platform designed to optimize the charging process, making it both environmentally friendly and cost-effective for utility providers and their customers. By wirelessly connecting to various electric vehicles and Level 2 chargers, Ev.energy intelligently manages the charging of these vehicles in accordance with utility and network signals. This approach not only helps to reduce carbon emissions but also engages customers through a mobile application that rewards them for their participation. Through its innovative solutions, Ev.energy aims to facilitate affordable and sustainable electric vehicle charging for drivers at home.

Urban Electric

Grant in 2019
Urban Electric is focused on establishing a comprehensive urban electric vehicle charging network to support drivers without access to private garages or driveways. The company has developed an innovative retractable charging hub that operates through an application, featuring multiple chargers designed to be conveniently situated on city streets. When not in use, these hubs retract fully underground, minimizing their visual and spatial impact on the streetscape. This unique approach allows Urban Electric to integrate charging solutions seamlessly into urban environments, thereby enhancing accessibility for electric vehicle users.

Centre for Renewable Energy Systems Technology

Grant in 2019
For over 20 years CREST (Centre for Renewable Energy Systems Technology) has overseen the research and development of the most progressive renewable energy technologies. New technologies to develop viable fossil fuel alternatives and support rapid growth within the global sustainable energy sector are essential. CREST continues to instigate, lead and deliver high quality, original research, collaborating with industry and international academic networks.

Urban Electric

Grant in 2019
Urban Electric is focused on establishing a comprehensive urban electric vehicle charging network to support drivers without access to private garages or driveways. The company has developed an innovative retractable charging hub that operates through an application, featuring multiple chargers designed to be conveniently situated on city streets. When not in use, these hubs retract fully underground, minimizing their visual and spatial impact on the streetscape. This unique approach allows Urban Electric to integrate charging solutions seamlessly into urban environments, thereby enhancing accessibility for electric vehicle users.

Clipper Automotive

Pre Seed Round in 2019
Clipper Automotive is a UK-based startup that develops and manufactures affordable electric taxis. It converts conventional taxis into electric vehicles, aiming to reduce emissions and provide cleaner transportation in urban areas. The company offers a subscription-based model for drivers, making electric taxis more accessible. Clipper Automotive has received support from InnovateUK and has raised £300k in pre-seed funding.

Urban Electric

Grant in 2018
Urban Electric is focused on establishing a comprehensive urban electric vehicle charging network to support drivers without access to private garages or driveways. The company has developed an innovative retractable charging hub that operates through an application, featuring multiple chargers designed to be conveniently situated on city streets. When not in use, these hubs retract fully underground, minimizing their visual and spatial impact on the streetscape. This unique approach allows Urban Electric to integrate charging solutions seamlessly into urban environments, thereby enhancing accessibility for electric vehicle users.

Petalite

Grant in 2018
Petalite Limited, established in Birmingham, UK, in 2014, specializes in developing advanced electric vehicle (EV) charging technologies and services. The company focuses on creating durable charging infrastructures designed for various electric vehicles, including heavy goods vehicles, buses, trains, and aircraft. Petalite's signature SDC Technology ensures a lifespan of up to 30 years, offering clients reliable solutions with low future costs.

BuffaloGrid

Grant in 2017
BuffaloGrid is a pioneering company that provides mobile power and internet connectivity solutions to off-grid communities worldwide. Their mission is to empower the next billion smartphone users in frontier markets, enabling them to improve their quality of life and business activities through access to mobile digital services. The company's innovative technology includes an advanced off-grid phone charging system powered by solar energy, which can also communicate with a cloud platform using SMS and the internet. This allows users to access digital content and services, bridging the digital divide and fostering socio-economic development.

BuffaloGrid

Grant in 2017
BuffaloGrid is a pioneering company that provides mobile power and internet connectivity solutions to off-grid communities worldwide. Their mission is to empower the next billion smartphone users in frontier markets, enabling them to improve their quality of life and business activities through access to mobile digital services. The company's innovative technology includes an advanced off-grid phone charging system powered by solar energy, which can also communicate with a cloud platform using SMS and the internet. This allows users to access digital content and services, bridging the digital divide and fostering socio-economic development.

Petalite

Grant in 2017
Petalite Limited, established in Birmingham, UK, in 2014, specializes in developing advanced electric vehicle (EV) charging technologies and services. The company focuses on creating durable charging infrastructures designed for various electric vehicles, including heavy goods vehicles, buses, trains, and aircraft. Petalite's signature SDC Technology ensures a lifespan of up to 30 years, offering clients reliable solutions with low future costs.

BuffaloGrid

Grant in 2017
BuffaloGrid is a pioneering company that provides mobile power and internet connectivity solutions to off-grid communities worldwide. Their mission is to empower the next billion smartphone users in frontier markets, enabling them to improve their quality of life and business activities through access to mobile digital services. The company's innovative technology includes an advanced off-grid phone charging system powered by solar energy, which can also communicate with a cloud platform using SMS and the internet. This allows users to access digital content and services, bridging the digital divide and fostering socio-economic development.

Hyperdrive Innovation

Grant in 2016
Hyperdrive Innovation Limited is a company based in Sunderland, United Kingdom, that specializes in the development, manufacturing, and sale of lithium-ion battery technology. Founded in 2012, it focuses on providing innovative solutions for original equipment manufacturers (OEMs), electric vehicles, and battery energy storage systems, catering to both residential and commercial sectors. Hyperdrive Innovation's capabilities encompass the entire process from design through integration to scalable manufacturing, allowing it to deliver high-performance battery solutions tailored for challenging applications. This comprehensive approach enables clients to gain a competitive edge in the marketplace by consistently offering advanced energy solutions.

BuffaloGrid

Grant in 2013
BuffaloGrid is a pioneering company that provides mobile power and internet connectivity solutions to off-grid communities worldwide. Their mission is to empower the next billion smartphone users in frontier markets, enabling them to improve their quality of life and business activities through access to mobile digital services. The company's innovative technology includes an advanced off-grid phone charging system powered by solar energy, which can also communicate with a cloud platform using SMS and the internet. This allows users to access digital content and services, bridging the digital divide and fostering socio-economic development.

Magnetic Systems Technology

Magtec designs and manufactures electric drive systems and components for all vehicle types. Magtec routinely undertakes the electric system installation design including all interfaces with the existing vehicle systems to meet the required EMC and safety standards. This will normally include the vehicle control system software development including CAN network interfaces and bridges. The company will work with a customer’s design team to develop the mechanical installation of the drive system into a vehicle. Magtec will also undertake the complete mechanical installation design if requested. Magtec has a highly skilled service department which together with our remote diagnostic tools allows us to provide after sales service and support worldwide. Magtec will also provide training to vehicle fleet operators or vehicle OEM's service agents as required.
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