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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
754
Total Invested
$1.8B
Average Investment
$4.4M

Innovate UK's Most Recent Investments (2020+)

Company NameFoundedFunding StageAmountCity
Mosaic Therapeutics2025Corporate RoundUndisclosedCambridge
KETS Quantum Security2022Venture - Series UnknownUndisclosedBristol
Causeway Sensors2026GrantUndisclosedBelfast
Naturbeads2026Grant$9.9MBath
Bodyswaps2025SeedUndisclosedLondon
North AI2025GrantUndisclosedManchester
AudioStrip2024GrantUndisclosedLondon
Gravity Sketch2022Series AUndisclosedLondon
Qumulus2024GrantUndisclosedManchester
Medwise.ai2025Non-equity AssistanceUndisclosedLondon

Complete List of Innovate UK Portfolio Companies (754)

Export
#CompanyStageAmountLocation
76Mosaic TherapeuticsCorporate RoundUndisclosedCambridge, United Kingdom
77KETS Quantum SecurityVenture - Series UnknownUndisclosedBristol, United Kingdom
78Causeway SensorsGrantUndisclosedBelfast, United Kingdom
79NaturbeadsGrant$9.9MBath, United Kingdom
80BodyswapsSeedUndisclosedLondon, United Kingdom
81North AIGrantUndisclosedManchester, United Kingdom
82AudioStripGrantUndisclosedLondon, United Kingdom
83Gravity SketchSeries AUndisclosedLondon, United Kingdom
84QumulusGrantUndisclosedManchester, United Kingdom
85Medwise.aiNon-equity AssistanceUndisclosedLondon, United Kingdom
BiotechnologyLife ScienceMedicalTherapeutics

Mosaic Therapeutics is an oncology therapeutics company that develops targeted combination therapies for cancer patients.

Cambridge, United Kingdom
April 2025
Corporate Round

Founder Contacts

19,000+ verified contacts

Information TechnologyQuantum ComputingSecurityTelecommunications

KETS Quantum Security is developing a range of future-proof, cost-effective technologies for quantum-secured communications.

Bristol, United Kingdom
April 2022
Venture - Series Unknown

Founder Contacts

19,000+ verified contacts

AnalyticsBig DataBiotechnologyHealth CareHealth DiagnosticsNanotechnology

A spin-out from Queen’s University Belfast

Belfast, United Kingdom
April 2026
Grant

Founder Contacts

19,000+ verified contacts

Advanced MaterialsBiotechnologyCleanTechManufacturing

Naturbeads is scaling up the technology to manufacture cellulose beads and replace plastic microbeads intentionally added to many products

Bath, United Kingdom
April 2026
$9.9M
Grant

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)EdTechEducationE-LearningMachine LearningSaaSSoftwareTrainingVirtual Reality

Bodyswaps is a B2B immersive learning platform (VR SaaS) designed to deliver effective and scalable soft skills training.

London, United Kingdom
April 2025
Seed

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)Media and Entertainment

North AI operates as an AI start up company for media sector.

Manchester, United Kingdom
April 2025
Grant

Founder Contacts

19,000+ 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
Grant

Founder Contacts

19,000+ verified contacts

3D TechnologyAugmented RealityIndustrial DesignProduct DesignVirtual Reality

Gravity Sketch is a VR-based design and collaboration platform that allows distributed teams to create, share, and build in 3D.

London, United Kingdom
April 2022
Series A

Founder Contacts

19,000+ 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
Grant

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)Health CareInformation Technology

Medwise.ai is a medical information platform that provides AI-powered search for health professionals.

London, United Kingdom
April 2025
Non-equity Assistance

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)Big DataCloud ComputingHealth CareMedical DeviceSoftware

Cydar Medical has developed computer vision software that produces real-time automated 3D Maps during X-ray guided procedures.

Cambridge, United Kingdom
April 2025
Non-equity Assistance

Founder Contacts

19,000+ verified contacts

Elder CareHealth CareHome Health CareMedicalMedical DeviceNursing and Residential CareOutpatient CareSaaSSoftware

SaaS workflow solution gives carers and custodians more time for hands on care where and when it’s needed most.

Oxford, United Kingdom
April 2025
Non-equity Assistance

Founder Contacts

19,000+ verified contacts

Information TechnologySensorWireless

Inductosense is developing wireless, battery-free, sensors that can be permanently fixed.

Bristol, United Kingdom
April 2023
Venture - Series Unknown

Founder Contacts

19,000+ verified contacts

Food and BeverageFood Processing

Clean Food Group produces sustainable food ingredients for environment and health without compromising on teste or performance.

London, United Kingdom
April 2026
Seed

Founder Contacts

19,000+ verified contacts

AgricultureAgTechArtificial Intelligence (AI)

Fotenix is a developer of crop analysis tools designed to increase efficiency in the agri-food industry.

Manchester, United Kingdom
April 2025
Grant

Founder Contacts

19,000+ verified contacts

Health CareMedicalSoftware

The market leading digital consent to treatment application.

Cardiff, United Kingdom
April 2022
Grant

Founder Contacts

19,000+ verified contacts

Autonomous VehiclesClean EnergyMarine TechnologyMarine TransportationMilitaryRenewable EnergyShipping

DRIFT Energy is a new class of mobile renewable energy.

Bath, United Kingdom
April 2026
$6.4M
Grant

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)FinTechInformation TechnologyMachine LearningSoftware

We develop advanced Artificial Intelligence models utilising Deep Reinforcement Learning for autonomous financial trading.

Leicester, United Kingdom
April 2026
Equity Crowdfunding

Founder Contacts

19,000+ verified contacts

BlockchainInformation ServicesInformation Technology

SpaceChain is a community-based space platform that combines space and blockchain technologies.

Singapore, Singapore
April 2023
Non-equity Assistance

Founder Contacts

19,000+ verified contacts

FitnessGamingHealth CareVirtual Reality

FitXR is an immersive AR & VR fitness platform on a mission to create a movement for movement.

London, United Kingdom
April 2022
Debt Financing

Founder Contacts

19,000+ 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

19,000+ verified contacts

Advanced MaterialsBatteryChemicalManufacturingNanotechnologyRenewable Energy

Integrals Power develops lithium iron phosphate battery materials for energy storage and electrification.

Willen, United Kingdom
April 2026
Grant

Founder Contacts

19,000+ verified contacts

AppsFinancial ServicesFinTechInternet of Things

Helping people take back control of money

Manchester, United Kingdom
March 2024
Seed

Founder Contacts

19,000+ verified contacts

AppsBlockchainCryptocurrencyFinancial Services

Recap makes crypto taxes simple. We help users calculate crypto taxes in our simple-to-use, privacy-focused app.

London, United Kingdom
March 2024
Grant

Founder Contacts

19,000+ verified contacts

BankingFinTechInformation TechnologyLegalLegal TechPropTechTransaction Processing

Building first end-to-end Anti Fraud Platform to combine KYC, AML and secure payments to protect life's big transactions.

London, United Kingdom
March 2022
Series A

Founder Contacts

19,000+ verified contacts

Showing 76-100 of 754 portfolio companies

Frequently Asked Questions About Innovate UK

How many companies has Innovate UK invested in?

Innovate UK has invested in 754 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 Information Technology, Health Care, Artificial Intelligence (AI), Software, Medical. The firm invests across 68 different industry categories.

What is Innovate UK's largest investment?

Among tracked funding rounds, Naturbeads received $9.9M in a Grant round. Innovate UK's total known invested capital is $1.8B.

What is the average investment size for Innovate UK?

Innovate UK's average investment size is $4.4M across its portfolio of 754 companies.

What are Innovate UK's most recent investments?

Recent Innovate UK portfolio additions include Mosaic Therapeutics, KETS Quantum Security, Causeway Sensors, Naturbeads, Bodyswaps. These companies were founded in 2020 or later.

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