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

Scott James O'Brien

Director, Innovation Finance

Nigel Walker

Deputy Director, Lending and Investor Partnerships

Dave Wilkes

Director of Innovation Ecosystem

Past deals in Construction

Low Carbon Materials

Grant in 2024
Low Carbon Materials is a climate-tech company specializing in the development of sustainable construction material alternatives. The company manufactures specialty materials that aim to replace traditional construction resources, significantly reducing environmental impact. By transforming post-consumer, post-industrial, and pre-manufacture waste plastic into lightweight, eco-friendly plastic aggregates, Low Carbon Materials offers innovative solutions that can partially substitute sand in conventional building materials. This approach not only enhances the thermal insulation properties of construction materials but also contributes to lowering carbon emissions in the construction industry.

Dragonfly Insulation

Grant in 2024
Dragonfly Insulation is a spin-out from Newcastle University focused on advancing aerogel manufacturing through an innovative and energy-efficient process. The company specializes in producing synthetic nanostructured porous ceramic products that provide exceptional thermal insulation across various industries, including aerospace, defense, marine, oil and gas, and construction. By simplifying the manufacturing process and reducing energy consumption, Dragonfly Insulation aims to deliver a range of aerogel products that enhance fire safety features and improve overall performance in civil applications.

ProjectPAY

Grant in 2024
ProjectPAY is a payment platform specifically designed for the building and construction industry. It offers a software-as-a-service (SaaS) solution that aims to enhance and expedite payment processes within construction projects. The platform facilitates innovative payment flows that ensure timely payments to subcontractors at all levels of the supply chain while safeguarding these payments from potential contractor insolvency. By addressing the prevalent issues of delayed payments and filling the working capital gap, ProjectPAY enables small business contractors and project owners to efficiently manage payment disbursement mechanisms. This includes streamlining the submission and approval of payment applications for various project works, ultimately improving the financial stability of all parties involved in the construction process.

Oakdale Greenscaping

Grant in 2023
Oakdale Greenscaping offers a variety of sustainable paving products made from recycled and locally sourced raw materials.

Concretene

Grant in 2023
Concretene is a concrete alternative that is designed to provide a viable CO2 reduction technology in the construction industry for cementitious products. It is developed by Nationwide Engineering Research and Development (NERD) with the Graphene Engineering Innovation Centre (GEIC).

Chartwell Marine

Grant in 2023
Chartwell Marine is a pioneer in next-generation vessel design. A reputed naval architect with an industry-leading track record designing award-winning high-speed vessels, we support ambitious boat builders and vessel operators around the world with specialist, independent design and consultancy services.

Adaptavate

Grant in 2022
Adaptavate Ltd is a company based in Stonehouse, United Kingdom, that specializes in the development, manufacturing, and commercialization of bio-composite materials for the construction industry. Founded in 2014, Adaptavate offers innovative products such as Breathaboard, a bio-composite alternative to traditional plasterboards, and Breathaplasta, a substitute for various plasters including gypsum and lime. These products are designed for easy application on solid masonry walls and effectively absorb vapor and moisture, promoting healthy indoor environments. By providing low-carbon construction solutions, Adaptavate aims to disrupt conventional practices in the construction sector and contribute to the creation of sustainable and long-lasting buildings. The company's offerings are available through retailers and an online shop.

Recycl8

Grant in 2021
Recycl8 is a company focused on reducing carbon emissions in the construction industry by transforming incinerator bottom ash (IBA) into a low-carbon concrete solution. By collaborating with the waste-to-energy and construction sectors, Recycl8 aims to divert IBA from landfills and repurpose it in concrete manufacturing. This innovative process not only helps concrete producers lower their carbon footprints but also supports broader climate goals. Through its environmentally conscious approach, Recycl8 contributes to sustainable construction practices while addressing the challenges of waste management.

Tended

Venture Round in 2021
Tended is a company that specializes in developing advanced wearable technology aimed at enhancing workplace safety in high-risk industries such as construction, manufacturing, utilities, and logistics. By leveraging a combination of innovative technology and behavioral science, Tended focuses on fostering positive behavioral change among employees, which leads to improved safety outcomes at both individual and organizational levels. The company's wearable devices are designed to detect accidents in real-time, promptly alerting emergency contacts or services with critical information. This proactive approach not only helps prevent accidents but also provides employees with reassurance and a sense of independence, ultimately contributing to a safer working environment.

Cloud Cycle

Grant in 2021
Cloud Cycle is a technology company focused on improving the concrete industry through innovative solutions. It has developed an on-truck device and sensor array that integrates with a cloud-based platform to ensure concrete is delivered in compliance with specifications, thereby minimizing waste. The company leverages the Internet of Things (IoT) and machine learning to predict potential quality issues and recommend timely interventions in the concrete delivery process. By addressing the significant problem of concrete waste, which accounts for a substantial financial cost and contributes to global CO2 emissions, Cloud Cycle aims to save the industry billions while promoting sustainability. Additionally, the company has established a marketplace for the local resale of surplus concrete, further enhancing resource efficiency. Through its advanced technology and commitment to the circular economy, Cloud Cycle seeks to transform the concrete sector and reduce its environmental impact.

Modulous

Debt Financing in 2021
Modulous Limited is a London-based company founded in 2018 that focuses on designing, developing, and delivering affordable and sustainable homes globally. The company operates a digitized software platform that creates engineered designs for multi-family housing using a defined kit of parts. By leveraging generative design, artificial intelligence, and 5D BIM modeling, Modulous provides property developers and architects with planning-compliant designs in minutes, allowing them to evaluate a range of design options efficiently before proceeding with planning submissions. The company aims to address the global housing shortage through innovative technology, promoting the construction of quality and sustainable living spaces.

Yardlink

Grant in 2020
Yardlink is a B2B procurement platform designed specifically for the construction industry, founded in 2018 and headquartered in London, England. The platform facilitates contractors' access to essential resources, including tools, equipment, bulk materials, fuel, waste management, and various service providers. By streamlining the procurement process, Yardlink enables contractors to find, book, and pay for necessary supplies efficiently. Additionally, the platform contributes to sustainability efforts by connecting contractors with approved local suppliers, thereby helping to reduce the carbon footprint of construction projects. Yardlink's technology also optimizes equipment rental by aggregating supply and improving access to the closest rental options, making it easier for builders to manage their equipment needs.

Cloud Cycle

Grant in 2020
Cloud Cycle is a technology company focused on improving the concrete industry through innovative solutions. It has developed an on-truck device and sensor array that integrates with a cloud-based platform to ensure concrete is delivered in compliance with specifications, thereby minimizing waste. The company leverages the Internet of Things (IoT) and machine learning to predict potential quality issues and recommend timely interventions in the concrete delivery process. By addressing the significant problem of concrete waste, which accounts for a substantial financial cost and contributes to global CO2 emissions, Cloud Cycle aims to save the industry billions while promoting sustainability. Additionally, the company has established a marketplace for the local resale of surplus concrete, further enhancing resource efficiency. Through its advanced technology and commitment to the circular economy, Cloud Cycle seeks to transform the concrete sector and reduce its environmental impact.

Cloud Cycle

Grant in 2020
Cloud Cycle is a technology company focused on improving the concrete industry through innovative solutions. It has developed an on-truck device and sensor array that integrates with a cloud-based platform to ensure concrete is delivered in compliance with specifications, thereby minimizing waste. The company leverages the Internet of Things (IoT) and machine learning to predict potential quality issues and recommend timely interventions in the concrete delivery process. By addressing the significant problem of concrete waste, which accounts for a substantial financial cost and contributes to global CO2 emissions, Cloud Cycle aims to save the industry billions while promoting sustainability. Additionally, the company has established a marketplace for the local resale of surplus concrete, further enhancing resource efficiency. Through its advanced technology and commitment to the circular economy, Cloud Cycle seeks to transform the concrete sector and reduce its environmental impact.

Tended

Seed Round in 2020
Tended is a company that specializes in developing advanced wearable technology aimed at enhancing workplace safety in high-risk industries such as construction, manufacturing, utilities, and logistics. By leveraging a combination of innovative technology and behavioral science, Tended focuses on fostering positive behavioral change among employees, which leads to improved safety outcomes at both individual and organizational levels. The company's wearable devices are designed to detect accidents in real-time, promptly alerting emergency contacts or services with critical information. This proactive approach not only helps prevent accidents but also provides employees with reassurance and a sense of independence, ultimately contributing to a safer working environment.

Albotherm

Grant in 2020
Albotherm specializes in the development and manufacturing of innovative passive cooling polymer coatings aimed at addressing climate change and its impacts. The company's core technology involves a smart transitioning coating that regulates surface temperatures without requiring energy input. This coating transitions reversibly from clear to white when temperatures exceed a specified trigger point, effectively reflecting unwanted light and preventing overheating. By offering this unique solution, Albotherm serves various industries seeking to enhance thermal management and reduce energy consumption associated with cooling.

Cloud Cycle

Grant in 2019
Cloud Cycle is a technology company focused on improving the concrete industry through innovative solutions. It has developed an on-truck device and sensor array that integrates with a cloud-based platform to ensure concrete is delivered in compliance with specifications, thereby minimizing waste. The company leverages the Internet of Things (IoT) and machine learning to predict potential quality issues and recommend timely interventions in the concrete delivery process. By addressing the significant problem of concrete waste, which accounts for a substantial financial cost and contributes to global CO2 emissions, Cloud Cycle aims to save the industry billions while promoting sustainability. Additionally, the company has established a marketplace for the local resale of surplus concrete, further enhancing resource efficiency. Through its advanced technology and commitment to the circular economy, Cloud Cycle seeks to transform the concrete sector and reduce its environmental impact.

Mykor

Grant in 2019
Mykor is a climate tech start-up focused on decarbonizing the construction industry through the development of sustainable building materials. The company specializes in manufacturing carbon-negative insulation and other materials using biotechnology and agro-industrial by-products. By leveraging waste products, Mykor aims to create commercially viable materials that possess desirable physical properties and functional designs while promoting radical sustainability. This innovative approach enables clients to construct buildings with a reduced carbon footprint, contributing to a more environmentally friendly construction sector.

Tended

Seed Round in 2019
Tended is a company that specializes in developing advanced wearable technology aimed at enhancing workplace safety in high-risk industries such as construction, manufacturing, utilities, and logistics. By leveraging a combination of innovative technology and behavioral science, Tended focuses on fostering positive behavioral change among employees, which leads to improved safety outcomes at both individual and organizational levels. The company's wearable devices are designed to detect accidents in real-time, promptly alerting emergency contacts or services with critical information. This proactive approach not only helps prevent accidents but also provides employees with reassurance and a sense of independence, ultimately contributing to a safer working environment.

Sensat

Grant in 2018
Sensat, established in 2015 and headquartered in London, specializes in cloud-based 3D virtual engineering solutions. The company operates a platform called Mapp, which uses mapping drones to generate precise survey data, enabling infrastructure owners and operators to visualize and manage projects in 2D, 3D, and 4D. This allows for optimized pre-construction planning, design, and bidding, as well as real-time tracking of project performance, facilitating data-driven decision-making without the need for on-site visits.

Corrosion RADAR

Seed Round in 2018
CorrosionRADAR Ltd is a company specializing in corrosion monitoring systems through innovative sensor technology aimed at detecting and predicting hidden corrosion. Founded in 2017 and headquartered in Cambridge, United Kingdom, with a research facility in Bedfordshire, the company serves a diverse range of industries, including oil and gas, power and utilities, industrial manufacturing, and civil infrastructure. Its advanced technologies utilize distributed sensing and analytics to offer predictive corrosion management, enabling clients to effectively monitor corrosion and moisture levels, particularly in challenging environments. By providing insights into corrosion severity and location, CorrosionRADAR supports safe, reliable, and cost-effective maintenance and inspection practices across various sectors, including offshore and onshore energy operations, chemical plants, and infrastructure projects.

Corrosion RADAR

Grant in 2018
CorrosionRADAR Ltd is a company specializing in corrosion monitoring systems through innovative sensor technology aimed at detecting and predicting hidden corrosion. Founded in 2017 and headquartered in Cambridge, United Kingdom, with a research facility in Bedfordshire, the company serves a diverse range of industries, including oil and gas, power and utilities, industrial manufacturing, and civil infrastructure. Its advanced technologies utilize distributed sensing and analytics to offer predictive corrosion management, enabling clients to effectively monitor corrosion and moisture levels, particularly in challenging environments. By providing insights into corrosion severity and location, CorrosionRADAR supports safe, reliable, and cost-effective maintenance and inspection practices across various sectors, including offshore and onshore energy operations, chemical plants, and infrastructure projects.

Corrosion RADAR

Seed Round in 2018
CorrosionRADAR Ltd is a company specializing in corrosion monitoring systems through innovative sensor technology aimed at detecting and predicting hidden corrosion. Founded in 2017 and headquartered in Cambridge, United Kingdom, with a research facility in Bedfordshire, the company serves a diverse range of industries, including oil and gas, power and utilities, industrial manufacturing, and civil infrastructure. Its advanced technologies utilize distributed sensing and analytics to offer predictive corrosion management, enabling clients to effectively monitor corrosion and moisture levels, particularly in challenging environments. By providing insights into corrosion severity and location, CorrosionRADAR supports safe, reliable, and cost-effective maintenance and inspection practices across various sectors, including offshore and onshore energy operations, chemical plants, and infrastructure projects.

Corrosion RADAR

Grant in 2017
CorrosionRADAR Ltd is a company specializing in corrosion monitoring systems through innovative sensor technology aimed at detecting and predicting hidden corrosion. Founded in 2017 and headquartered in Cambridge, United Kingdom, with a research facility in Bedfordshire, the company serves a diverse range of industries, including oil and gas, power and utilities, industrial manufacturing, and civil infrastructure. Its advanced technologies utilize distributed sensing and analytics to offer predictive corrosion management, enabling clients to effectively monitor corrosion and moisture levels, particularly in challenging environments. By providing insights into corrosion severity and location, CorrosionRADAR supports safe, reliable, and cost-effective maintenance and inspection practices across various sectors, including offshore and onshore energy operations, chemical plants, and infrastructure projects.

TaperedPlus

TaperedPlus Limited is a specialist in flat roof design and building services, catering to domestic, commercial, and industrial markets. Founded in 2014 and headquartered in Stockton-on-Tees, United Kingdom, with an additional office in Wolverhampton, the company focuses on modernizing and promoting tapered insulation within the UK. TaperedPlus offers a range of services, including U-value calculations, technical support, site surveys, and comprehensive supply chain support. The company supplies various insulation materials, such as tapered and flat boards, designed to prevent water drainage from flat roofs while enhancing thermal insulation in buildings. Its target sectors include education, healthcare, retail, and residential industries.
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