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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
985
Total Invested
$3.2B
Average Investment
$3.9M

Innovate UK's Most Recent Investments (2020+)

Company NameFoundedFunding StageAmountCity
Echobox2022Debt Financing$6.0MLondon
Ultima Forma2024Grant$150KBasingstoke
Quinas Technology2026Seed$30KLancaster
MindSpire Ltd2025Pre-Seed$1.1MTunbridge Wells
Celtic Renewables2026GrantUndisclosedEdinburgh
Lightox2024Venture - Series Unknown$1.9MBillingham
Orthonika2023Grant$1.7MLondon
Navlive2025Seed$4.5MOxford
Fuse Diagnostics2024Seed$2.0MCambridge
Atheni AI2026Pre-SeedUndisclosedLondon

Complete List of Innovate UK Portfolio Companies (985)

Export
#CompanyStageAmountLocation
126EchoboxDebt Financing$6.0MLondon, United Kingdom
127Ultima FormaGrant$150KBasingstoke, United Kingdom
128Quinas TechnologySeed$30KLancaster, United Kingdom
129MindSpire LtdPre-Seed$1.1MTunbridge Wells, United Kingdom
130Celtic RenewablesGrantUndisclosedEdinburgh, United Kingdom
131LightoxVenture - Series Unknown$1.9MBillingham, United Kingdom
132OrthonikaGrant$1.7MLondon, United Kingdom
133NavliveSeed$4.5MOxford, United Kingdom
134Fuse DiagnosticsSeed$2.0MCambridge, United Kingdom
135Atheni AIPre-SeedUndisclosedLondon, United Kingdom
Brand MarketingBusiness IntelligenceContent CreatorsEmail MarketingMarketing AutomationPredictive AnalyticsSocial Media ManagementSocial Media Marketing

Echobox is a content automation platform that helps businesses automate and optimize their content.

London, United Kingdom
May 2022
$6.0M
Debt Financing

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

AI InfrastructureArtificial Intelligence (AI)Flash StorageHardwareInformation TechnologyInternet of ThingsManufacturingMilitarySemiconductorSpace Travel

Quinas Technology offers quantum powered universal computer memory driving next-gen semiconductor technology for future compute & AI.

Lancaster, United Kingdom
May 2026
$30K
Seed

Founder Contacts

30,000+ verified contacts

Health Care

We use our wearable earpiece for personalised vagus nerve stimulation & sound to optimise brain performance

Tunbridge Wells, United Kingdom
May 2025
$1.1M
Pre-Seed

Founder Contacts

30,000+ verified contacts

BiotechnologyChemicalInnovation ManagementRenewable Energy

Celtic Renewables is a biofuel startup focused on the renewable energy and whisky sector.

Edinburgh, United Kingdom
May 2026
Grant

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
Venture - Series Unknown

Founder Contacts

30,000+ verified contacts

Health CareMedicalMedical Device

Orthonika is a pre-clinical spin-out company from Imperial College London developing a novel total meniscus replacement for the knee joint.

London, United Kingdom
May 2023
$1.7M
Grant

Founder Contacts

30,000+ verified contacts

ArchitectureConstructionSmart Building

NavLive creates instant 2D and 3D models, along with accurate site surveys using user-friendly Scan-to-BIM functionality.

Oxford, United Kingdom
May 2025
$4.5M
Seed

Founder Contacts

30,000+ verified contacts

Manufacturing

Fuse Diagnostics vision is to give lab quality diagnostic information wherever it is required through innovative, quick, low-cost testing.

Cambridge, United Kingdom
May 2024
$2.0M
Seed

Founder Contacts

30,000+ verified contacts

Atheni is an AI adoption company develops its platform designed to help organisations.

London, United Kingdom
May 2026
Pre-Seed

Founder Contacts

30,000+ verified contacts

E-CommerceSporting GoodsSports

KYMIRA is an e-commerce company that provides sporting goods.

Reading, United Kingdom
May 2024
$766K
Undisclosed

Founder Contacts

30,000+ verified contacts

Biotechnology

Mykor is a climate tech start-up.

Bristol, United Kingdom
May 2026
Venture - Series Unknown

Founder Contacts

30,000+ verified contacts

Artificial Intelligence (AI)InsuranceInsurTechMachine Learning

distriBind is a digital data exchange company that delivers automated back-office processing for the insurance industry.

London, United Kingdom
May 2022
Non-equity Assistance

Founder Contacts

30,000+ verified contacts

Health CareHospitalSoftwareVirtual Reality

Rescape Innovation is pioneering the use of Virtual Reality to solve challenges in Healthcare.

Cardiff, United Kingdom
May 2023
Grant

Founder Contacts

30,000+ verified contacts

Information TechnologySoftware

The platform for cross domain systems automation

Bristol, United Kingdom
May 2023
$19K
Grant

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

CommercialConstructionEducationHealth CareRetail

TaperedPlus specialises in the design of flat roofs and insulation.

Stockton-on-tees, United Kingdom
May 2025
$362K
Grant

Founder Contacts

30,000+ verified contacts

BiotechnologySimulationTherapeuticsTranslation Service

NeoPhore is a provider of novel small molecule therapies intended to treat cancer through stimulation of the immune system.

Cambridge, United Kingdom
May 2024
Series B

Founder Contacts

30,000+ verified contacts

ConstructionInnovation Management

Wull Technologies is a developer of rigid insulation panels made from sheep wool.

Manchester, United Kingdom
May 2025
$403K
Pre-Seed

Founder Contacts

30,000+ verified contacts

Health CareMedicalMedical Device

TympaHealth are a team of doctors and technology experts united in their vision of helping the world to hear.

London, United Kingdom
May 2026
$23.0M
Debt Financing

Founder Contacts

30,000+ verified contacts

Legal Tech

Digital Wills & Legacy Planning Solutions

London, United Kingdom
May 2025
$668K
Grant

Founder Contacts

30,000+ verified contacts

Software

Sensat helps Infrastructure owners and operators to deliver programmes on time and on budget by uncovering hidden risks

London, United Kingdom
May 2026
Undisclosed

Founder Contacts

30,000+ verified contacts

MedicalTherapeutics

Elasmogen is a precision biologics drug discovery company that develops soloMERs.

Aberdeen, United Kingdom
May 2022
$9.9M
Venture - Series Unknown

Founder Contacts

30,000+ verified contacts

BiotechnologyHealth CareInformation TechnologyMedicalNutritionWellness

Hexis Lab is a technology company working at the forefront of raw material innovation.

Newcastle Upon Tyne, United Kingdom
May 2023
$612K
Grant

Founder Contacts

30,000+ verified contacts

Environmental ConsultingEnvironmental EngineeringFinanceFinTech

CarbonLaces provides environmental services.

London, United Kingdom
May 2024
Pre-Seed

Founder Contacts

30,000+ verified contacts

Showing 126-150 of 985 portfolio companies

Frequently Asked Questions About Innovate UK

How many companies has Innovate UK invested in?

Innovate UK has invested in 985 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 Health Care, Biotechnology, Manufacturing, Medical, Information Technology. The firm invests across 53 different industry categories.

What is Innovate UK's largest investment?

Among tracked funding rounds, TympaHealth received $23.0M in a Debt Financing round. Innovate UK's total known invested capital is $3.2B.

What is the average investment size for Innovate UK?

Innovate UK's average investment size is $3.9M across its portfolio of 985 companies.

What are Innovate UK's most recent investments?

Recent Innovate UK portfolio additions include Echobox, Ultima Forma, Quinas Technology, MindSpire Ltd, Celtic Renewables. These companies were founded in 2020 or later.

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