Innovate UK

Innovate UK is a non-departmental public body established in 2007 and based in Swindon, United Kingdom. Funded by a government grant, it supports innovation in science and technology by providing funding services to businesses across various sectors and regions. The organization aims to drive productivity and economic growth by facilitating advancements that contribute to the UK’s economic landscape. In addition to funding, Innovate UK offers a range of services and information related to business and economic development, thereby fostering a supportive environment for innovation.

Mike Biddle

Programme Director of Industrial Strategy Challenge Fund

Will Drury

Executive Director, Digital and Technologies

Paul Gadd

Deputy Director

Dr. Tom Jenkins

Deputy Director

Tim Murley

Interim Chief Investment Officer

Scott James O'Brien

Director, Innovation Finance

Dave Wilkes

Director of Innovation Ecosystem

Past deals in Recycling

Kelpi

Grant in 2023
Operator of a material innovation company intended to develop a thin bio-plastic coating for paper and card that replaces fossil fuel plastics in packaging for food, drink, cosmetics, and personal care. The company's coating is made from renewable feedstocks, particularly compostable seaweed, and marine-safe, paper and card packaging coated with biomaterial has been certified recyclable, enabling users to eliminate the need for single-use plastics.

Vector Homes

Grant in 2022
Vector Homes creates a new method for constructing homes and choosing the materials to use. Vector Homes recycles the materials and enhance them with nanotechnologies to create unique properties for superior construction materials.

VEOLIA

Grant in 2022
Veolia is a global leader in resource management, specializing in water, waste, and energy solutions. The company operates across various sectors, including industrial, commercial, and municipal markets, providing services such as waste management, industrial cleaning, and energy recovery. With a workforce of approximately 179,000 employees, Veolia is dedicated to contributing to the sustainable development of communities and industries worldwide. Its comprehensive approach includes developing access to essential resources, preserving existing resources, and renewing them. Veolia serves millions of people, ensuring access to drinking water and sanitation, while also engaging in recycling and remediation services across diverse industries, including healthcare, manufacturing, and construction. The company is headquartered in Paris, France, and maintains a significant presence on five continents.

Recycl8

Grant in 2021
Recycl8 works in collaboration with the waste-to-energy and construction industries to transform incinerator bottom ash (IBA) - often destined for landfills - into a low-carbon concrete solution.

Greener

Pre Seed Round in 2021
Greener operates a business-to-business sustainability matchmaking platform designed to facilitate connections among companies seeking sustainable partners. By leveraging mathematical algorithms, the platform enables businesses to discover and collaborate with suitable sustainability partners, fostering the growth of genuinely sustainable supply chains. Greener aims to support the transition to a zero-carbon economy, empowering small businesses to learn from a global network of like-minded entrepreneurs. Through its innovative approach, Greener strives to build a sustainable future by enhancing collaboration and sharing best practices among businesses dedicated to sustainability.

Big Atom

Grant in 2021
Big Atom is a recycling company, with an in-house engineering capability developing technology to create circular economy for rubber and plastics. The company operates their facilities, initially focusing on treating end-of-life tyres (ELTs) in the UK. Big Atom's vision is to end polymer waste.

Cloud Cycle

Grant in 2021
Cloud Cycle is focused on transforming the concrete industry by addressing the significant waste and carbon emissions associated with concrete production. Each year, over 10 billion tons of concrete are produced globally, contributing to approximately 10% of global CO2 emissions, with around 5% of that concrete going to waste. Cloud Cycle has created an innovative on-truck device and sensor array that integrates with a cloud-based platform to ensure concrete meets specifications, thereby minimizing waste. When surplus concrete does occur, the company operates a marketplace that connects sellers with potential buyers, helping to mitigate losses. By leveraging advanced technology, including the Internet of Things and machine learning, Cloud Cycle enhances the quality control of concrete deliveries and facilitates interventions to reduce operational costs and emissions. The company's goal is to save the industry billions while aiming for a reduction of global CO2 emissions by 1%.

Cloud Cycle

Grant in 2020
Cloud Cycle is focused on transforming the concrete industry by addressing the significant waste and carbon emissions associated with concrete production. Each year, over 10 billion tons of concrete are produced globally, contributing to approximately 10% of global CO2 emissions, with around 5% of that concrete going to waste. Cloud Cycle has created an innovative on-truck device and sensor array that integrates with a cloud-based platform to ensure concrete meets specifications, thereby minimizing waste. When surplus concrete does occur, the company operates a marketplace that connects sellers with potential buyers, helping to mitigate losses. By leveraging advanced technology, including the Internet of Things and machine learning, Cloud Cycle enhances the quality control of concrete deliveries and facilitates interventions to reduce operational costs and emissions. The company's goal is to save the industry billions while aiming for a reduction of global CO2 emissions by 1%.

Cloud Cycle

Grant in 2020
Cloud Cycle is focused on transforming the concrete industry by addressing the significant waste and carbon emissions associated with concrete production. Each year, over 10 billion tons of concrete are produced globally, contributing to approximately 10% of global CO2 emissions, with around 5% of that concrete going to waste. Cloud Cycle has created an innovative on-truck device and sensor array that integrates with a cloud-based platform to ensure concrete meets specifications, thereby minimizing waste. When surplus concrete does occur, the company operates a marketplace that connects sellers with potential buyers, helping to mitigate losses. By leveraging advanced technology, including the Internet of Things and machine learning, Cloud Cycle enhances the quality control of concrete deliveries and facilitates interventions to reduce operational costs and emissions. The company's goal is to save the industry billions while aiming for a reduction of global CO2 emissions by 1%.

CageCapture

Grant in 2020
CageCapture creates, develops and supplies novel advanced materials to address some of the most pressing indoor air pollution problems facing modern society.

Cloud Cycle

Grant in 2019
Cloud Cycle is focused on transforming the concrete industry by addressing the significant waste and carbon emissions associated with concrete production. Each year, over 10 billion tons of concrete are produced globally, contributing to approximately 10% of global CO2 emissions, with around 5% of that concrete going to waste. Cloud Cycle has created an innovative on-truck device and sensor array that integrates with a cloud-based platform to ensure concrete meets specifications, thereby minimizing waste. When surplus concrete does occur, the company operates a marketplace that connects sellers with potential buyers, helping to mitigate losses. By leveraging advanced technology, including the Internet of Things and machine learning, Cloud Cycle enhances the quality control of concrete deliveries and facilitates interventions to reduce operational costs and emissions. The company's goal is to save the industry billions while aiming for a reduction of global CO2 emissions by 1%.

Skipping Rocks Lab

Grant in 2019
Skipping Rocks Lab is a London-based startup that develops natural and biodegradable packaging for liquids made from seaweed extract. It has developed Ooho!, an edible water bottle alternative to plastic bottles. Skipping Rocks Lab was co-founded by graduates from Imperial College and Royal College of Art and is currently incubated in the Climate KIC accelerator.
Cascade Water Products Ltd specializes in micro-greywater recycling systems designed to reduce water consumption for businesses. The company's innovative technology enables clients to achieve greater water efficiency by recycling domestic greywater, thus helping them save on water and energy bills while also lowering their carbon footprint. Cascade's systems are characterized by their low energy requirements, cost-effectiveness, and ease of installation and maintenance, making them an attractive option for enterprises looking to enhance sustainability and operational efficiency.
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