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 Industrial Engineering

Altair

Grant in 2024
Altair Engineering, Inc. specializes in enterprise analytics and engineering software technologies, focusing on optimizing the analysis, management, and visualization of business and engineering information. The company's flagship products include HyperWorks, an enterprise simulation solution, and PBS GridWorks, which facilitates grid and on-demand computing. Altair's software suite supports various disciplines, including structures, fluids, and thermal management, enabling comprehensive product lifecycle management from concept design to operational use. Additionally, the company offers consultancy services and business intelligence solutions, catering to industries such as automotive, aerospace, defense, heavy equipment, consumer products, and financial services. Founded in 1985 and headquartered in Troy, Michigan, Altair has a global presence with offices in multiple countries, serving clients through a network of resellers and distributors.

IVY TECH

Grant in 2024
IVY TECH Ltd is a multidisciplinary research and innovation company focusing on pushing the boundaries by enabling the technologies to make the fourth-industrial revolution a reality. Vison – Empowering and revolutionising organisations to be the global leaders in engineering and technology. Mission - Assisting organisations by providing cutting-edge solutions to compete in the global market.

IVY TECH

Grant in 2024
IVY TECH Ltd is a multidisciplinary research and innovation company focusing on pushing the boundaries by enabling the technologies to make the fourth-industrial revolution a reality. Vison – Empowering and revolutionising organisations to be the global leaders in engineering and technology. Mission - Assisting organisations by providing cutting-edge solutions to compete in the global market.

Invisu

Seed Round in 2023
Invisu (a new digital product) was created to aid in the advancement of innovation in industries such as manufacturing, engineering, chemical, and logistics.

IVY TECH

Grant in 2023
IVY TECH Ltd is a multidisciplinary research and innovation company focusing on pushing the boundaries by enabling the technologies to make the fourth-industrial revolution a reality. Vison – Empowering and revolutionising organisations to be the global leaders in engineering and technology. Mission - Assisting organisations by providing cutting-edge solutions to compete in the global market.

IVY TECH

Grant in 2021
IVY TECH Ltd is a multidisciplinary research and innovation company focusing on pushing the boundaries by enabling the technologies to make the fourth-industrial revolution a reality. Vison – Empowering and revolutionising organisations to be the global leaders in engineering and technology. Mission - Assisting organisations by providing cutting-edge solutions to compete in the global market.

Meritor

Grant in 2021
Meritor, Inc. is a manufacturer of integrated systems, modules, and components tailored for the commercial vehicle and industrial markets. Established in 1909 and headquartered in Troy, Michigan, the company specializes in drivetrain, mobility, braking, and suspension solutions for various applications, including medium- and heavy-duty trucks, trailers, off-highway machinery, and defense vehicles. Meritor operates through two main segments: Commercial Truck, which focuses on supplying drivetrain systems and components like axles and brakes, and Aftermarket and Industrial, which provides replacement parts to commercial vehicle and industrial aftermarket customers. The company markets its products under several brands, including Meritor, Euclid, and AxleTech, and distributes them primarily in North America, South America, Europe, and the Asia Pacific. With over a century of experience, Meritor is committed to delivering innovative solutions that meet the needs of original equipment manufacturers and aftermarket clients globally.

Valuechain.com

Grant in 2018
Valuechain.com specializes in enhancing connectivity and collaboration among global manufacturing customers, suppliers, and partners. The platform focuses on every tier and commodity within complex manufacturing supply chains, facilitating improvements that lead to increased competitiveness. By offering innovative solutions for collaboration, business enhancement, and enterprise management, Valuechain.com aims to deliver measurable benefits to its users, fostering a more efficient and integrated manufacturing ecosystem.
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