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Innovate UK Portfolio Companies

Investor actively backing innovative startups and growth-stage companies across various industries and funding rounds.

Last updated: July 2026

Innovate UK Investment Overview

Portfolio Companies
993
Total Invested
$3.3B
Average Investment
$3.9M

Innovate UK's Most Recent Investments (2020+)

Company NameFoundedFunding StageAmountCity
CarbonLaces2024Pre-SeedUndisclosedLondon
Ultima Forma2024Grant$150KBasingstoke
Kubos Semiconductors2024Seed$1.9MCambridge
Lightox2024Series Unknown$1.9MBillingham
enee.io2024Grant$840KManchester
Aegiq2024Series AUndisclosedSheffield
Locate Bio2024Series Unknown$11.6MBeeston
MedicSen2024Grant$5.4MMadrid
Appella AI2024Seed$624KLondon
AudioStrip2024Grant$1.2MLondon

Complete List of Innovate UK Portfolio Companies (993)

Export
#CompanyStageAmountLocation
751CarbonLacesPre-SeedUndisclosedLondon, United Kingdom
752Ultima FormaGrant$150KBasingstoke, United Kingdom
753Kubos SemiconductorsSeed$1.9MCambridge, United Kingdom
754LightoxSeries Unknown$1.9MBillingham, United Kingdom
755enee.ioGrant$840KManchester, United Kingdom
756AegiqSeries AUndisclosedSheffield, United Kingdom
757Locate BioSeries Unknown$11.6MBeeston, United Kingdom
758MedicSenGrant$5.4MMadrid, Spain
759Appella AISeed$624KLondon, United Kingdom
760AudioStripGrant$1.2MLondon, United Kingdom
Environmental ConsultingEnvironmental EngineeringFinanceFinTech

CarbonLaces provides environmental services.

London, United Kingdom
May 2024
Pre-Seed

Founder Contacts

30,000+ verified contacts

Manufacturing

Ultima Forma is developing a revolutionary manufacturing process capable of producing complex 3D multi-material components.

Basingstoke, United Kingdom
May 2024
$150K
Grant

Founder Contacts

30,000+ verified contacts

ManufacturingSemiconductor

Kubos Semiconductors is develop and commercialize cubic-GaN for high efficiency, low-cost LEDs using intellectual property.

Cambridge, United Kingdom
May 2024
$1.9M
Seed

Founder Contacts

30,000+ verified contacts

BiotechnologyHealth CareLife Science

Lightox has developed a unique range of molecular tools for use in imaging, therapeutics and assay development.

Billingham, United Kingdom
May 2024
$1.9M
Series Unknown

Founder Contacts

30,000+ verified contacts

BatteryEnergyManufacturing

enee.io designs and develops battery monitoring systems.

Manchester, United Kingdom
May 2024
$840K
Grant

Founder Contacts

30,000+ verified contacts

AerospaceArtificial Intelligence (AI)Cyber SecurityInformation and Communications Technology (ICT)Machine LearningNanotechnologyOptical CommunicationQuantum Computing

Defining the future of computing with full stack photonic quantum computers

Sheffield, United Kingdom
May 2024
Series A

Founder Contacts

30,000+ verified contacts

BiotechnologyMedical Device

Locate Bio is a world leading orthobiologics company that is focused on providing surgeons with a choice of best-in-class products.

Beeston, United Kingdom
April 2024
$11.6M
Series Unknown

Founder Contacts

30,000+ verified contacts

Health CareMedicalMedical DeviceVirtual Reality

MedicSen is a start-up dedicated to health care, to technological innovation as a key tool.

Madrid, Spain
April 2024
$5.4M
Grant

Founder Contacts

30,000+ verified contacts

Artificial Intelligence (AI)Information TechnologySoftware

Appella AI is a technology company that develops artificial intelligence solutions for retail and enterprise use.

London, United Kingdom
April 2024
$624K
Seed

Founder Contacts

30,000+ verified contacts

MusicSoftware

AudioStrip operates as a tool used by musicians to split vocals from backing music in audio files.

London, United Kingdom
April 2024
$1.2M
Grant

Founder Contacts

30,000+ verified contacts

BiotechnologyHealth CareTherapeutics

Pathios Therapeutics is a biotech company focused on the development of therapies for autoimmune diseases and cancer.

Oxford, United Kingdom
April 2024
$25.0M
Series B

Founder Contacts

30,000+ verified contacts

DevOpsInformation Technology

Qumulus is a cloud-based platform that specializes in cloud and DevOps, software engineering, OpenStack, and Office 365 consultancy.

Manchester, United Kingdom
April 2024
$436K
Grant

Founder Contacts

30,000+ verified contacts

Health CareMedicalMedical DeviceWellness

gaitQ® develops innovative wearable technology that improves people’s mobility and quality of life.

Oxford, United Kingdom
April 2024
Grant

Founder Contacts

30,000+ verified contacts

MedicalMedical Device

Neuronostics develop clinical decision support systems and at-home monitoring tools for neurological conditions

Bristol, United Kingdom
April 2024
$2.7M
Seed

Founder Contacts

30,000+ verified contacts

BiopharmaBiotechnologyMedicalTherapeutics

Metallo Bio's focus is on the development of two lead chemicals that represent a pioneering new class of antibiotics.

Sheffield, United Kingdom
April 2024
$202K
Seed

Founder Contacts

30,000+ verified contacts

BeautyHealth CarePersonal Health

Award winning AI powering personalised skincare advice at scale

London, United Kingdom
April 2024
$569K
Grant

Founder Contacts

30,000+ verified contacts

FinTechReal EstateSaaSSoftware

SaaS Identity and Finance Checking Platform

London, United Kingdom
April 2024
$127K
Seed

Founder Contacts

30,000+ verified contacts

ManufacturingMedicalMedical Device

Spirecut is a medtech company that democratizes minimally invasive surgery with ultrasound guided instruments

Muttenz, Switzerland
March 2024
$800K
Series A

Founder Contacts

30,000+ verified contacts

FilmMedia and EntertainmentSaaSSoftwareTV

SMASH is a SaaS platform, SMASH connects diverse content creators with decision-makers in the film and TV industry.

London, United Kingdom
March 2024
$468K
Seed

Founder Contacts

30,000+ verified contacts

BiopharmaBiotechnologyHealth CareMedical

Transforming chronic wound care with breakthrough enzymatic technology

Cambridge, United Kingdom
March 2024
$518K
Grant

Founder Contacts

30,000+ verified contacts

SurgeryAI optimises operating room utilisation

London, United Kingdom
March 2024
$370K
Grant

Founder Contacts

30,000+ verified contacts

BiotechnologyHealth Diagnostics

CryoLogyx is an early-stage biotechnology business that develops frozen, ready-to-use cells for drug discovery.

Coventry, United Kingdom
March 2024
$636K
Seed

Founder Contacts

30,000+ verified contacts

BiotechnologyHealth Care

Senisca is a biotech spinout company that creates a new generation of oligonucleotide-based interventions.

Exeter, United Kingdom
March 2024
$4.7M
Seed

Founder Contacts

30,000+ verified contacts

BiotechnologyManufacturing

Cellexcel is a biomaterials research company that develops technology for enhancement of water resistance of biomaterials.

Norwich, United Kingdom
March 2024
$320K
Seed

Founder Contacts

30,000+ verified contacts

AppsFinancial ServicesFinTechInternet of Things

Helping people take back control of money

Manchester, United Kingdom
March 2024
Seed

Founder Contacts

30,000+ verified contacts

Showing 751-775 of 993 portfolio companies

Frequently Asked Questions About Innovate UK

How many companies has Innovate UK invested in?

Innovate UK has invested in 993 companies tracked in our database. The portfolio spans multiple industries and funding stages, from seed-stage startups to late-stage companies.

What industries does Innovate UK invest in?

Innovate UK's top investment sectors include Biotechnology, Health Care, Medical, Manufacturing, Medical Device. The firm invests across 40 different industry categories.

What is Innovate UK's largest investment?

Among tracked funding rounds, Pathios Therapeutics received $25.0M in a Series B round. Innovate UK's total known invested capital is $3.3B.

What is the average investment size for Innovate UK?

Innovate UK's average investment size is $3.9M across its portfolio of 993 companies.

What are Innovate UK's most recent investments?

Recent Innovate UK portfolio additions include CarbonLaces, Ultima Forma, Kubos Semiconductors, Lightox, enee.io. These companies were founded in 2020 or later.

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