Innovate UK

Founded in 2007, Innovate UK is a non-profit organization based in Swindon, UK. It supports businesses across various economic sectors by offering funding services to promote science and technology innovations.

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

Scott James O'Brien

Director, Innovation Finance

Nigel Walker

Deputy Director, Lending and Investor Partnerships

Past deals in Business Development

MySalesCoach

Grant in 2025
MySalesCoach is a platform dedicated to improving sales performance by connecting teams with experienced coaches. Despite the proven impact of coaching on sales representative development, managers often lack time for effective coaching. MySalesCoach addresses this gap by providing curated coaching services, empowering teams and managers alike with essential skills and tactics.

CarbonLaces

Grant in 2024
CarbonLaces is a climate-focused fintech company that facilitates the flow of capital for decarbonization projects. It achieves this by providing transparent, data-driven insights and AI-powered tools, bridging the gap between investors seeking climate impact and projects in need of financing. The company aims to accelerate the decarbonization of the built environment and foster sustainable, resilient communities.

CircKit

Seed Round in 2024
CircKit is an AI-powered B2B SaaS platform for fashion and textiles brands to advance circular design and sustainable product development. It enables teams to design sustainable products, optimize material and production choices, and measure social and environmental indicators with real-time environmental impact tracking and compliance tools. The platform harmonises data and supports cross-team collaboration, helping brands reduce costs, improve profitability, and unlock revenue from circular design and end-of-life closed-loop initiatives. It provides lifecycle analysis at the design stage and end-of-life planning to support regulatory alignment and waste reduction.

University of Salford

Grant in 2024
Established with a clear vision to excel in teaching, research, innovation and engagement, Salford Business School enjoys an excellent national and international reputation for its courses, teaching quality and the progression of students into responsible positions across a variety of industries. Their emphasis of combining a highly contemporary curriculum with a range of professional development opportunities provides a mix of academic and hands on development.

Sum Vivas

Grant in 2023
Sum Vivas is a company that specializes in the development of AI-powered digital humans, offering businesses an innovative approach to enhance customer engagement through immersive experiences. The company creates interactive and highly realistic digital representations of individuals, along with virtual environments, apparel, and 3D digital assets, which can be utilized in both physical and digital settings. By leveraging its platform, organizations can produce digital doubles, facilitating improved customer service and potentially increasing sales. Sum Vivas aims to transform the user experience by blending technology with creativity, providing solutions that meet the evolving needs of businesses and their customers.

Captivise

Grant in 2023
Captivise is an end-to-end B2B Lead Gen mapping platform.

myGwork

Grant in 2023
myGwork is a global business community that connects LGBT+ professionals, graduates and inclusive employers to advance workplace equality. It provides a networking hub and job board where LGBTQ professionals and students can seek opportunities with inclusive organizations, connect with employers, find mentors, attend professional events and access industry news. The platform also offers training for corporate partners and hosts events to promote inclusive practices and personal growth.

ESG Bay

Grant in 2023
ESG Bay is a developer of a self-assessment platform focused on environmental, social, and governance (ESG) reporting. The platform simplifies the process of measuring ESG impacts, allowing businesses to produce clear and concise assessments. Designed for ease of use, even for those new to ESG reporting, ESG Bay utilizes straightforward and universal matrices to help organizations identify their priorities. This approach not only facilitates effective reporting but also aids businesses in mitigating risks by pinpointing and addressing potential ESG issues.

Flint Innovation

Grant in 2023
Flint Innovation is a consulting firm that tailors its services to the needs of persons who have hidden disabilities.

Digit Music

Grant in 2023
Digit Music, established to foster diversity and inclusion in the music industry, manufactures innovative musical instruments and controllers. Their products aim to make music creation accessible and enjoyable, with features like intuitive controls, integrated music theory, and plug-and-play functionality. This enables DJs, beat makers, and aspiring musicians to enhance their skills and express their creativity. The company's work is supported by the Innovate UK Inclusive Innovation Award.

Equality Group

Grant in 2023
Equality Group is a consulting organization established in 2018 and based in London, United Kingdom. It specializes in diversifying businesses across finance, technology, and social impact sectors. The firm offers a range of services, including executive search, strategic consultancy, and inclusion education. Additionally, Equality Group has developed Honordex, a data platform that benchmarks and ranks companies based on their equality, diversity, and inclusion (EDI) performance. Through these services and tools, Equality Group aims to enhance organizational effectiveness and promote a more inclusive business environment.

Elucidare

Grant in 2023
Elucidare is a boutique technology development and investment advisory business.

National Biofilms Innovation Centre

Grant in 2022
The National Biofilms Innovation Centre (NBIC) serves as a collaborative hub uniting academia, industry, government, and public policy to address the challenges posed by biofilms, which significantly impact global economic activity across sectors such as food, health, shipping, clean water, and energy. Supported by funding from the BBSRC, Innovate UK, and Hartree Centre, NBIC's mission focuses on fostering a network for research and innovation that catalyzes partnerships with industry to drive breakthrough innovations. The Centre facilitates the exploration of unmet needs and the exchange of ideas through various initiatives, including roadmaps, workshops, and conferences. Additionally, NBIC is dedicated to nurturing the next generation of scientists through PhD and Post-Doc programs, alongside entrepreneurial training, aimed at enhancing their expertise and understanding of the commercial landscape while promoting the creation of new start-ups.

Sub-10

Seed Round in 2022
Sub-10 offers a digital learning platform that leverages artificial intelligence to enhance employee engagement and drive business growth. The platform is designed to help organizations maximize their employees' potential by providing tailored learning experiences that align with individual preferences and performance levels. It features a dynamic library of educational units that adapts to the specific needs of each learner, including role-based requirements and preferred learning styles. By facilitating customized learning paths, Sub-10 enables companies to improve compliance, knowledge, and skills among their workforce, ultimately supporting organizational development and career advancement for employees.

SeeQC

Grant in 2021
SeeQC develops application-specific quantum computing systems using superconducting qubits. It serves industries such as machine learning/AI, logistics optimization, quantum chemistry, pharmaceuticals, and fintech globally. Founded in 2018, SeeQC is headquartered in Elmsford, New York with facilities in London, UK, and Naples, Italy.

SETsquared Partnership

Grant in 2021
SETsquared Partnership is a collaborative initiative established in 2001, based in Southampton, United Kingdom. It brings together the universities of Bath, Bristol, Exeter, Southampton, and Surrey to foster the growth of high-tech startups and new business ventures. The organization specializes in enterprise activities, including business incubation, spin-outs, and licensing. SETsquared provides comprehensive support to startups through mentoring, access to investors and industry experts, and tailored training programs. Additionally, it engages in research collaboration and consultancy with various industries, enhancing the innovation ecosystem in the region.

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.

YardLink

Grant in 2020
YardLink is a B2B platform for the construction industry that enables contractors to find, book, and pay for tools, equipment, bulk materials, fuel, waste management, and other services from approved suppliers. The platform aggregates supply and connects builders with equipment rental companies, optimizing distance to rental locations to streamline procurement and support a more sustainable construction supply chain. By prioritizing local suppliers, YardLink helps reduce project carbon footprints and accelerate procurement workflows. Founded in 2018 and headquartered in London.

AimHi Earth

Grant in 2020
AimHi Earth operates a sustainability training platform, offering live and online sessions to inspire and educate large teams within organizations. Their goal is to empower these teams to drive tangible behavior change and achieve their sustainability objectives, ultimately contributing to a healthier, cooler, and more verdant future.

HIVED

Grant in 2020
HIVED specializes in sustainable parcel delivery solutions. It focuses on the middle to final mile, aiming to enhance post-purchase experiences while reducing waste and providing real-time tracking for both shippers and recipients.

Juhudi Kilimo

Grant in 2020
Juhudi Kilimo provides asset financing, technical assistance, and business training to smallholder farmers and rural agribusinesses in Kenya. The company offers loans for dairy cows and goats, poultry, pigs, rabbits, fish farming, and other livestock, as well as financing for agricultural equipment, irrigation, agro-processing and energy-related equipment, and vehicles such as motorcycles and bicycles to transport farm goods. It operates as a microfinance institution focused on empowering rural livelihoods by delivering transformative financing alongside financial literacy and technical training. Founded in 2004 and based in Nairobi, Juhudi Kilimo supports clients across rural Kenya with flexible financing solutions designed to expand agricultural productivity and income.

WeFarm

Grant in 2020
WeFarm Limited, established in 2015, operates a unique agricultural platform that facilitates knowledge sharing among small-scale farmers worldwide. The company enables farmers to ask questions and receive crowd-sourced answers via SMS, connecting them with other farmers and relevant agribusinesses or micro-finance institutions. WeFarm's platform is accessible both online and offline, making it particularly useful for farmers with limited internet access. Headquartered in London, the company has field offices in Nairobi, Kampala, and Dar es Salaam, serving farmers across Africa and beyond. WeFarm has been recognized for its innovative approach, receiving awards such as FastCompany's Most Innovative Companies in Africa and Google's Impact Challenge Award.

Bodyswaps

Grant in 2020
Bodyswaps is a training technology company that provides an immersive platform for soft skills development. Using virtual reality, artificial intelligence and behavioral science, it delivers realistic workplace simulations where learners practice communication, leadership, collaboration and other soft skills with virtual characters and their own voice. The platform combines AI-enabled feedback and personalized recommendations to drive behavioral change at scale, enabling corporations and educational institutions to deliver scalable, cost-efficient, and personalized soft skills training for employees and students. Founded in 2019 and headquartered in London, Bodyswaps focuses on rapid, scalable upskilling for the new world of work.

Bodyswaps

Pre Seed Round in 2019
Bodyswaps is a training technology company that provides an immersive platform for soft skills development. Using virtual reality, artificial intelligence and behavioral science, it delivers realistic workplace simulations where learners practice communication, leadership, collaboration and other soft skills with virtual characters and their own voice. The platform combines AI-enabled feedback and personalized recommendations to drive behavioral change at scale, enabling corporations and educational institutions to deliver scalable, cost-efficient, and personalized soft skills training for employees and students. Founded in 2019 and headquartered in London, Bodyswaps focuses on rapid, scalable upskilling for the new world of work.

Cambridge Spark

Grant in 2019
Cambridge Spark specializes in personalized Data Science training. They offer intensive bootcamps, apprenticeships, and bespoke corporate courses led by industry experts, supplemented by their AI-powered talent development platform.

Storm ID

Grant in 2018
Storm ID is an award-winning digital consultancy that partners with ambitious, forward thinking clients, helping them transform processes and experiences as well as re-imagine legacy business models. The team at Storm ID are passionate about rethinking the future, combining their expertise in transformation consultancy with fast, agile delivery to create great user experiences that make a measurable difference.

Rewarding Visits

Non Equity Assistance in 2015
Rewarding Visits is an online platform that enables businesses to connect with customers. The platform offers its users with touchpoints, self-service kiosks that enables businesses to connect with consumers. Businesses can provide their information to the platform in order to increase recognition. Rewarding Visits was founded in 2012 by Martin Watson and John Cutler and is based in Birmingham.

whatimpact.com

Whatimpact is a UK-based social impact startup that operates an AI-enhanced software platform designed to assist companies in planning, implementing, and reporting on their social value activities. This two-sided marketplace addresses the growing demand for compliance with social value regulations, particularly in the context of tender submissions influenced by the UK government's Social Value Act and similar regulations emerging in several EU countries and the U.S. The platform aims to streamline corporate social responsibility (CSR) initiatives, maximizing their impact by ensuring that resources are directed to the most deserving recipients. By leveraging artificial intelligence for matchmaking and reporting, Whatimpact enhances transparency and efficiency in social value delivery. The company is supported by a network of angel investors and has received backing from Innovate UK. Its core team is composed entirely of women, supplemented by a network of freelancers and service providers.
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