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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
Theolytics2026Grant$9.3MOxford
Mendelian2023GrantUndisclosedLondon
Diffblue2025GrantUndisclosedOxford
Rovco2022Series BUndisclosedBristol
Quantopticon2025Non-equity AssistanceUndisclosedGuildford
Visionable2023Non-equity AssistanceUndisclosedLondon
NetZeroNitrogen2026Non-equity AssistanceUndisclosedLondon
Greenjets2025SeedUndisclosedLondon
Carbonbit Technologies2025UndisclosedUndisclosedLytham
Elaniti2025SeedUndisclosedLondon

Complete List of Innovate UK Portfolio Companies (754)

Export
#CompanyStageAmountLocation
101TheolyticsGrant$9.3MOxford, United Kingdom
102MendelianGrantUndisclosedLondon, United Kingdom
103DiffblueGrantUndisclosedOxford, United Kingdom
104RovcoSeries BUndisclosedBristol, United Kingdom
105QuantopticonNon-equity AssistanceUndisclosedGuildford, United Kingdom
106VisionableNon-equity AssistanceUndisclosedLondon, United Kingdom
107NetZeroNitrogenNon-equity AssistanceUndisclosedLondon, United Kingdom
108GreenjetsSeedUndisclosedLondon, United Kingdom
109Carbonbit TechnologiesUndisclosedUndisclosedLytham, United Kingdom
110ElanitiSeedUndisclosedLondon, United Kingdom
BiotechnologyMedicalTherapeutics

Theolytics is a clinical stage biotechnology company developing next-generation viral therapies.

Oxford, United Kingdom
March 2026
$9.3M
Grant

Founder Contacts

19,000+ verified contacts

Health Care

Mendelian is helping doctors diagnose rare genetic diseases faster.

London, United Kingdom
March 2023
Grant

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)Developer ToolsGenerative AISoftware

Diffblue is a developer of automated testing software that enhances Java development by automatically generating unit tests.

Oxford, United Kingdom
March 2025
Grant

Founder Contacts

19,000+ verified contacts

3D TechnologyArtificial Intelligence (AI)Autonomous VehiclesCleanTechDronesMarine TechnologyProject ManagementRenewable EnergyRobotics

Rovco provides an autonomous underwater vehicle and remotely operated underwater vehicle technologies and support services.

Bristol, United Kingdom
March 2022
Series B

Founder Contacts

19,000+ verified contacts

Cloud ComputingQuantum ComputingSoftware

Quantopticon develops software for simulating quantum-photonic devices.

Guildford, United Kingdom
March 2025
Non-equity Assistance

Founder Contacts

19,000+ verified contacts

Communications InfrastructureInformation ServicesInformation TechnologySoftwareVideo Conferencing

Visionable combines next-generation video conferencing with unparalleled clinical imaging capabilities.

London, United Kingdom
March 2023
Non-equity Assistance

Founder Contacts

19,000+ verified contacts

AgricultureAgTechBiotechnologyCleanTech

NetZeroNitrogen exists to eliminate synthetic nitrogen fertilizer.

London, United Kingdom
March 2026
Non-equity Assistance

Founder Contacts

19,000+ verified contacts

Aerospace

Electric jet engines for drones, air taxis and regional aircraft

London, United Kingdom
March 2025
Seed

Founder Contacts

19,000+ verified contacts

Carbon CaptureCleanTechGreenTechIndustrialManufacturing

Using innovative electrochemistry and process engineering. Carbonbit Technologies develops best in class Direct Air Capture technology.

Lytham, United Kingdom
March 2025
Undisclosed

Founder Contacts

19,000+ verified contacts

AgricultureEnvironmental Consulting

Elaniti predicts crop outcomes from soil biology, empowering data-driven agronomic decisions & derisking the NetZero transition for growers.

London, United Kingdom
March 2025
Seed

Founder Contacts

19,000+ verified contacts

SurgeryAI optimises operating room utilisation

London, United Kingdom
March 2024
Grant

Founder Contacts

19,000+ verified contacts

BeautyHealth CareHealth Diagnostics

The Skin Microbiome Testing Co.

London, United Kingdom
March 2026
Seed

Founder Contacts

19,000+ verified contacts

BiotechnologyHealth CareHealth DiagnosticsTherapeutics

Mestag Therapeutics is a biotechnology company that develops new therapies for diseases using fibroblast technology.

Cambridge, United Kingdom
March 2026
$40.0M
Series Unknown

Founder Contacts

19,000+ verified contacts

FitnessHealth CareInformation Technology

Bringing good health within reach

Oxford, United Kingdom
March 2023
Venture - Series Unknown

Founder Contacts

19,000+ verified contacts

BiotechnologyHealth CareInformation TechnologyManufacturingPharmaceutical

Autolomous is an biotechnology company engaged in manufacturing pragmatic digital solutions for cell and gene therapy.

London, United Kingdom
March 2025
Convertible Note

Founder Contacts

19,000+ verified contacts

Internet

myGwork is a business community for LGBT+ professionals, graduates, inclusive employers and anyone who believes in workplace equality.

London, United Kingdom
March 2025
Undisclosed

Founder Contacts

19,000+ verified contacts

BiotechnologyGeneticsHealth CareOncologyPharmaceutical

Prokarium is biopharmaceutical company leading the oncology field of microbial immunotherapy.

London, United Kingdom
February 2023
Series B

Founder Contacts

19,000+ verified contacts

AgricultureBiotechnologyFarming

CroBio develops soil microbes that boost crop performance under drought, cutting fertilizer loss and improving soil resilience.

Alderley Park, United Kingdom
February 2025
Grant

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)AutomotiveBig DataCloud Data ServicesData MiningData VisualizationGenerative AIMachine LearningPredictive AnalyticsSoftware

Agentic AI Platform. Create, Test and Deploy AI's without writing any code. Merge AI models for better performance.

London, United Kingdom
February 2025
Non-equity Assistance

Founder Contacts

19,000+ verified contacts

3D TechnologyArtificial Intelligence (AI)Machine LearningSoftware

Anya is a unique pregnancy, baby & breastfeeding app using AI and 3D animation to support and inform parents across 1,001 days of parenting

Kemble, United Kingdom
February 2025
Venture - Series Unknown

Founder Contacts

19,000+ verified contacts

ConsultingEnvironmental ConsultingEnvironmental Engineering

Impact Laboratories provides additional funds, enterprise-scale software tools, and resources.

Wilmington, United States
February 2025
Series A

Founder Contacts

19,000+ verified contacts

BiotechnologyHealth CareLife ScienceMedical

Jellagen is a medtech company offering high grade native collagen sourced from jellyfish.

Pembroke Dock, United Kingdom
February 2026
Corporate Round

Founder Contacts

19,000+ verified contacts

3D PrintingArtificial Intelligence (AI)Computer VisionIndustrial AutomationIndustrial ManufacturingMachine LearningRobotics

Rivelin's AI, NetShape®, teaches robots to autonomously cut, grind & polish metal.

Sheffield, United Kingdom
February 2024
Grant

Founder Contacts

19,000+ verified contacts

3D PrintingInformation TechnologyManufacturingSoftware

AMFG provides automation software for industrial 3D printing.

London, United Kingdom
February 2024
Grant

Founder Contacts

19,000+ verified contacts

BiotechnologyCommercialHealth CareImpact InvestingMedical DevicePharmaceuticalProduct ResearchWellness

Stablepharma’s technology platform, StablevaX™ converts existing approved vaccines and therapeutics into fridge free thermostable products.

Bath, United Kingdom
February 2025
Grant

Founder Contacts

19,000+ verified contacts

Showing 101-125 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 Biotechnology, Health Care, Software, Artificial Intelligence (AI), Information Technology. The firm invests across 57 different industry categories.

What is Innovate UK's largest investment?

Among tracked funding rounds, Mestag Therapeutics received $40.0M in a Series Unknown 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 Theolytics, Mendelian, Diffblue, Rovco, Quantopticon. These companies were founded in 2020 or later.

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