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Investments

547

Portfolio Exits

29

Funds

4

Partners & Customers

10

About Innovate UK

Innovate UK, fka Technology Strategy Board (TSB), is a UK public body operating at arm's length from the Government reporting to the Department for Business, Innovation, and Skills (BIS). Its goal is to accelerate economic growth by stimulating and supporting business-led innovation in the UK. Innovate UK runs the Collaborative Research and Development (CR&D), Knowledge Transfer Networks (KTN), and Knowledge Transfer Partnerships (KTP) programs.

Innovate UK Headquarter Location

North Star House North Star Avenue, Swindon

Wiltshire, England, SN2 1UE,

United Kingdom

01793 442700

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Expert Collections containing Innovate UK

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Innovate UK in 1 Expert Collection, including Synthetic Biology.

S

Synthetic Biology

382 items

Latest Innovate UK News

Biotangents Raises GBP 2.2M in Funding

May 23, 2022

Biotangents, a Scottish biotechnology company, secured GBP 2.2m in funding. The funding was made up from GBP 1.6m from the UK Government’s Innovate UK innovation loans program and a further GBP 600k from a funding round lead by the investment syndicate Kelvin Capital and with Scottish Enterprise participation.

Innovate UK Investments

547 Investments

Innovate UK has made 547 investments. Their latest investment was in Better Nature as part of their Grant on May 5, 2022.

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Innovate UK Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/19/2022

Grant

Better Nature

$0.44M

Yes

1

5/18/2022

Loan

Biotangents

$1.98M

Yes

3

5/17/2022

Grant - II

VisusNano

$1.71M

No

1

5/9/2022

Grant

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10

5/4/2022

Grant

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10

Date

5/19/2022

5/18/2022

5/17/2022

5/9/2022

5/4/2022

Round

Grant

Loan

Grant - II

Grant

Grant

Company

Better Nature

Biotangents

VisusNano

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Amount

$0.44M

$1.98M

$1.71M

New?

Yes

Yes

No

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Co-Investors

Sources

1

3

1

10

10

Innovate UK Portfolio Exits

29 Portfolio Exits

Innovate UK has 29 portfolio exits. Their latest portfolio exit was Aptus Clinical on May 04, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

5/4/2022

Acquired

2

3/30/2022

Merger

1

12/13/2021

Acquired

10

12/7/2021

Acquired

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10

11/16/2021

Acquired

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10

Date

5/4/2022

3/30/2022

12/13/2021

12/7/2021

11/16/2021

Exit

Acquired

Merger

Acquired

Acquired

Acquired

Companies

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Valuation

Acquirer

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Sources

2

1

10

10

10

Innovate UK Fund History

4 Fund Histories

Innovate UK has 4 funds, including Digital Health Projects.

Closing Date

Fund

Fund Type

Status

Amount

Sources

1/29/2019

Digital Health Projects

$4.72M

1

4/30/2018

Industrial Strategy Challenge Fund

$99M

10

5/12/2016

3D Printing Fund

$99M

10

6/25/2015

Aerospace Small Business Fund

$99M

10

Closing Date

1/29/2019

4/30/2018

5/12/2016

6/25/2015

Fund

Digital Health Projects

Industrial Strategy Challenge Fund

3D Printing Fund

Aerospace Small Business Fund

Fund Type

Status

Amount

$4.72M

$99M

$99M

$99M

Sources

1

10

10

10

Innovate UK Partners & Customers

10 Partners and customers

Innovate UK has 10 strategic partners and customers. Innovate UK recently partnered with GSK on December 12, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

12/9/2021

Partner

United Kingdom

Report Demonstrates Stevenage Bioscience Catalyst’s Key Role in Delivering the Economic Benefit From Leading Edge UK Life Sciences

Stevenage Bioscience Catalyst was formed through a collaboration between the Department for Business , Energy and Industrial Strategy , GlaxoSmithKline , Wellcome and Innovate UK .

1

12/9/2021

Partner

United Kingdom

Stevenage, UK – 9th December 2021. Report demonstrates Stevenage Bioscience Catalyst’s key role in delivering the economic benefit from leading edge UK life sciences

Stevenage Bioscience Catalyst was formed through a collaboration between the Department for Business , Energy and Industrial Strategy , GlaxoSmithKline , Wellcome and Innovate UK .

1

10/20/2021

Vendor

Canada

PHOTO ILLUSTRATION BY MONICA GUAN. By Barry Chong  |  October 20, 2021. British invasion: U.K. startups begin four-month virtual residency in Toronto - MaRS Discovery District

David Golding , head of global partnerships at Innovate UK , is excited to watch the partnership develop : `` MaRS Discovery District gives these promising ventures a launchpad to the North American market and the potential for exponential growth , '' he says .

1

8/11/2021

Partner

France, and United Kingdom

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10

6/3/2021

Vendor

United Kingdom

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10

Date

12/9/2021

12/9/2021

10/20/2021

8/11/2021

6/3/2021

Type

Partner

Partner

Vendor

Partner

Vendor

Business Partner

Country

United Kingdom

United Kingdom

Canada

France, and United Kingdom

United Kingdom

News Snippet

Report Demonstrates Stevenage Bioscience Catalyst’s Key Role in Delivering the Economic Benefit From Leading Edge UK Life Sciences

Stevenage Bioscience Catalyst was formed through a collaboration between the Department for Business , Energy and Industrial Strategy , GlaxoSmithKline , Wellcome and Innovate UK .

Stevenage, UK – 9th December 2021. Report demonstrates Stevenage Bioscience Catalyst’s key role in delivering the economic benefit from leading edge UK life sciences

Stevenage Bioscience Catalyst was formed through a collaboration between the Department for Business , Energy and Industrial Strategy , GlaxoSmithKline , Wellcome and Innovate UK .

PHOTO ILLUSTRATION BY MONICA GUAN. By Barry Chong  |  October 20, 2021. British invasion: U.K. startups begin four-month virtual residency in Toronto - MaRS Discovery District

David Golding , head of global partnerships at Innovate UK , is excited to watch the partnership develop : `` MaRS Discovery District gives these promising ventures a launchpad to the North American market and the potential for exponential growth , '' he says .

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Sources

1

1

1

10

10

Innovate UK Team

1 Team Member

Innovate UK has 1 team member, including current Chief Executive Officer, Charles Towers Clark.

Name

Work History

Title

Status

Charles Towers Clark

Chief Executive Officer

Current

Name

Charles Towers Clark

Work History

Title

Chief Executive Officer

Status

Current

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