UK Innovation & Science Seed Fund

The UK Innovation & Science Seed Fund, established in 2002 and based in Birmingham, is a venture capital firm supported by the Department for Business, Energy and Industrial Strategy and nine publicly funded research bodies, including STFC, BBSRC, NERC, and Dstl. Managed independently by Midven, the Fund focuses on nurturing companies that emerge from cutting-edge scientific research conducted in laboratories and technology campuses across the UK. It invests in a range of sectors, including healthcare, life sciences, information technology, advanced manufacturing, software as a service, and agricultural technology. The Fund holds stakes in some of the UK's most innovative companies, contributing to advancements in areas such as novel antibiotics, Alzheimer’s disease research, sustainable chemicals, and airport security technologies.

Andrew Muir

Investment Director and Fund Principal

Past deals in Operating System

Oxford Space Systems

Venture Round in 2015
Oxford Space Systems Limited is a space technology company based in Harwell, United Kingdom, founded in 2013. The firm specializes in developing, manufacturing, and marketing deployable hardware structures for space applications, including deployable antennas, composite linear boom systems, and hinge systems. By employing innovative design techniques, such as origami, and utilizing novel proprietary materials, Oxford Space Systems creates products that are lighter, less complex, and more cost-effective than traditional alternatives. The company has achieved significant milestones, including a record for the fastest development of a new product, the AstroTube Boom, which was successfully deployed in orbit within 30 months. With a team of 18 professionals possessing over 100 years of combined experience in the space sector, Oxford Space Systems has engaged in various collaborations, including government-supported projects with leading European satellite manufacturers and commercial contracts in Asia and the U.S. In 2018, the company relocated to a custom facility within the Harwell Space Cluster, enhancing its capabilities to meet security standards for defense and security contracts.
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