Investments
547Portfolio Exits
29Funds
4Partners & Customers
10About 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
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.
Synthetic Biology
382 items
Latest Innovate UK News
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.
Innovate UK Investments Activity
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 | |||||
5/4/2022 | Grant |
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 | ||
Amount | $0.44M | $1.98M | $1.71M | ||
New? | Yes | Yes | No | ||
Co-Investors | |||||
Sources | 1 | 3 | 1 |
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 | |||
Date | 5/4/2022 | 3/30/2022 | 12/13/2021 | ||
|---|---|---|---|---|---|
Exit | Acquired | Merger | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 2 | 1 | 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 | ||||
5/12/2016 | 3D Printing Fund | ||||
6/25/2015 | Aerospace Small Business Fund |
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 | |||
Sources | 1 |
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 | 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 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 | 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 | ||||
6/3/2021 | Vendor |
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 | ||
News Snippet | Stevenage Bioscience Catalyst was formed through a collaboration between the Department for Business , Energy and Industrial Strategy , GlaxoSmithKline , Wellcome and Innovate UK . | Stevenage Bioscience Catalyst was formed through a collaboration between the Department for Business , Energy and Industrial Strategy , GlaxoSmithKline , Wellcome and Innovate UK . | 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 . | ||
Sources | 1 | 1 | 1 |
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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