Innovate UK

Innovate U.K. is a NPO that offers funding services to support science and technology innovations. The organization offers services and information on births, deaths, marriages, business, self-employed, childcare, parenting, citizenship, law, disabled persons, transportation, education, environment, housing, money, tax, travel, immigration, and jobs. Innovate U.K. is based in Swindon.

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 Electronics

Q5D

Debt Financing in 2025
Q5D is an innovative company that specializes in automating the manufacture and assembly of wiring looms and harnesses across various industrial sectors. By developing advanced laser micromachining technology, Q5D streamlines the intricate process of connecting electrical components. This technology enhances global manufacturing capabilities, particularly in consumer goods, electronics, automotive, aerospace, and robotics. By enabling the direct addition of wires and printed electronics to product surfaces, Q5D improves quality, productivity, and functionality while reducing manufacturing costs. As a result, the company provides its clients with a significant advantage in achieving efficiency, resilience, and sustainability in their operations.

Paragraf

Grant in 2025
Paragraf Ltd. is a UK-based company specializing in the development of graphene technology and the production of two-dimensional materials. Established in 2015, Paragraf focuses on creating graphene-based electronic devices, including magnetic sensors and biosensors, that are designed to enhance technological performance in various sectors such as electronics, energy, research, automation, and healthcare. The company employs contamination-free technology to ensure the production of high-purity graphene products that meet commercial quality standards. Paragraf's innovations aim to optimize process control, improve quality assurance, and facilitate monitoring of environmental and health conditions, thereby contributing to advancements in green energy generation and other critical applications.

SmartKem

Grant in 2024
SmartKem Limited is a Manchester-based company that develops and markets organic semiconductors for various display technologies, including liquid crystal and organic light-emitting diode displays. Established in 2008, the company specializes in the design, development, industrialization, and technology transfer of low-temperature, solution-deposited organic semiconductors for use in transistor backplanes. SmartKem's patented TRUFLEX inks enable the production of organic thin-film transistor circuits on low-cost substrates, facilitating applications in mini-LED displays, AMOLED displays, fingerprint sensors, and logic circuits. The company generates revenue through the sale of these inks and demonstration products, contributing to the advancement of a new generation of displays and sensors.

Vector Photonics

Grant in 2024
Vector Photonics is a spin-out company from the University of Glasgow, located in Glasgow, Scotland, a notable center for optical and photonics innovation. The company specializes in developing advanced semiconductor laser technology aimed at enhancing data communications and additive manufacturing processes, including metal and plastic printing. Its innovative approach centers on photonic crystal surface-emitting lasers, which are cost-effective and emit light from their top surface, similar to vertical-cavity surface-emitting lasers (VCSELs). This design facilitates easy packaging and integration into printed circuit boards (PCBs) and electronic assemblies, allowing various industries to seamlessly adopt this semiconductor laser technology into their operations.

SleepCogni

Grant in 2024
SleepCogni is focused on developing innovative sleep aid technology that facilitates a personalized wind-down process to enhance sleep quality. The company's device, activated manually, utilizes sensors worn on the user's index finger to monitor key physiological and behavioral indicators, including heart rate, mental alertness, skin temperature, and movement. By employing cognitive behavioral therapy through biofeedback—delivered via visual, auditory, and tactile cues—SleepCogni aims to help users relearn healthy sleep patterns. This approach is designed to assist individuals in overcoming insomnia and improving their overall sleep cycle, offering a tailored solution to address common sleep challenges.

Sprint Electric

Grant in 2024
Sprint Electric produces digital motor control solutions. Their product includes pl/x series, jl/x series, pl/xd series, open chassis-mount dc drives, and ancillary items. They offer customer support through email and phone contact.

Optrical

Grant in 2024
Optrical Limited, founded in 2016 and headquartered in Rotherham, United Kingdom, specializes in the development and manufacturing of micro-optic elements. The company focuses on producing advanced micro-optic film products, primarily for LED and OLED lighting applications, as well as for optical anti-counterfeiting and traceability solutions. Their flagship products include Illumax, which enhances light extraction and management in lighting systems, and Authntrace, designed to provide authentication and traceability features. Optrical utilizes innovative designs and custom UV materials to create printed microstructures that effectively manipulate light, catering to various client needs in the optical sector.

Q5D

Grant in 2024
Q5D is an innovative company that specializes in automating the manufacture and assembly of wiring looms and harnesses across various industrial sectors. By developing advanced laser micromachining technology, Q5D streamlines the intricate process of connecting electrical components. This technology enhances global manufacturing capabilities, particularly in consumer goods, electronics, automotive, aerospace, and robotics. By enabling the direct addition of wires and printed electronics to product surfaces, Q5D improves quality, productivity, and functionality while reducing manufacturing costs. As a result, the company provides its clients with a significant advantage in achieving efficiency, resilience, and sustainability in their operations.

KAMIM Technologies LTD

Pre Seed Round in 2023
KAMIM Technologies is a leading EPC (Engineering, Procurement, and Construction) company. We specialize in crafting tailored engineering & solar energy solutions for residential, commercial, and industrial sectors. Beyond conventional solar solutions, we emphasize creating solar-powered systems, especially for the agricultural sector. Our innovative products such as solar-powered cold rooms, irrigation systems, and driers aim to revolutionize agricultural productivity and sustainability. We were founded by members with over 40 years of combined industry experience.

Kubos Semiconductors

Grant in 2023
Kubos Semiconductors Ltd, established in 2017 and based in Cambridge, United Kingdom, specializes in the development and commercialization of cubic gallium nitride (GaN) technology for the LED manufacturing industry. The company focuses on producing high-efficiency, low-cost semiconductors that enable the creation of green light-emitting diode stacks. By utilizing exclusive licenses for cubic growth and silicon substrates, Kubos Semiconductors aims to enhance energy savings for its clients while reducing production costs. Its innovative approach positions the company as a key player in advancing LED technology through the application of its intellectual property.

Skylark Lasers

Grant in 2023
Skylark Lasers is a photonics company that specializes in the development and production of continuous wave (CW) single frequency diode-pumped solid-state (DPSS) lasers. Utilizing its proprietary BRaMMS Technology® platform, the company offers lasers known for their exceptional spectral performance and high output power. Skylark Lasers serves a diverse clientele across various industrial and scientific fields, providing solutions for applications such as microchip inspection, quantum sensing, metrology, avionics, wind power generation, defense, financial data servers, and biomedical research. The compact design of Skylark's NX lasers enables customers to reveal the unseen, detect the invisible, and measure the unknown effectively.

Lightricity

Grant in 2023
Lightricity’s mission is to enable a scalable and sustainable IoT by providing the world’s highest efficiency light energy harvesting technology and battery free IoT devices. Lightricity has unique indoor PV technology that is up to 6 x more efficient than the nearest commercially available competition under low light levels. This is available as PV component technology that enables powering of devices not previously possible or the reduction of the area of PV used on very small wireless devices. It is also available in our own battery free PV powered IoT tracker and sensor devices. Our technology enables IoT to really scale efficiently.

Mymanu

Grant in 2023
Mymanu is an innovative manufacturer of consumer Audio electronics and software to improve people's lifes.

Silveray

Seed Round in 2022
Silveray develop affordable large-area direct conversion detectors for the X-ray imaging market.

Paragraf

Grant in 2022
Paragraf Ltd. is a UK-based company specializing in the development of graphene technology and the production of two-dimensional materials. Established in 2015, Paragraf focuses on creating graphene-based electronic devices, including magnetic sensors and biosensors, that are designed to enhance technological performance in various sectors such as electronics, energy, research, automation, and healthcare. The company employs contamination-free technology to ensure the production of high-purity graphene products that meet commercial quality standards. Paragraf's innovations aim to optimize process control, improve quality assurance, and facilitate monitoring of environmental and health conditions, thereby contributing to advancements in green energy generation and other critical applications.

SleepCogni

Debt Financing in 2021
SleepCogni is focused on developing innovative sleep aid technology that facilitates a personalized wind-down process to enhance sleep quality. The company's device, activated manually, utilizes sensors worn on the user's index finger to monitor key physiological and behavioral indicators, including heart rate, mental alertness, skin temperature, and movement. By employing cognitive behavioral therapy through biofeedback—delivered via visual, auditory, and tactile cues—SleepCogni aims to help users relearn healthy sleep patterns. This approach is designed to assist individuals in overcoming insomnia and improving their overall sleep cycle, offering a tailored solution to address common sleep challenges.

Lightricity

Grant in 2021
Lightricity’s mission is to enable a scalable and sustainable IoT by providing the world’s highest efficiency light energy harvesting technology and battery free IoT devices. Lightricity has unique indoor PV technology that is up to 6 x more efficient than the nearest commercially available competition under low light levels. This is available as PV component technology that enables powering of devices not previously possible or the reduction of the area of PV used on very small wireless devices. It is also available in our own battery free PV powered IoT tracker and sensor devices. Our technology enables IoT to really scale efficiently.

Potenza Technology

Grant in 2021
Potenza Technology Limited, established in 1999 and based in Warwickshire, United Kingdom, specializes in the design and development of electric and hybrid powertrain systems. As a subsidiary of FPT Industrial S.p.A., the company focuses on low and zero-emission technology, offering expertise in battery management systems, systems integration and control, and safety engineering. Potenza Technology designs and manufactures prototype and low-volume high-energy density lithium battery packs, providing clients with a comprehensive range of electronics systems tailored for automotive applications, including body systems and powertrain control.

Light Science Technologies

Grant in 2021
Light Science Technologies specializes in the development and manufacturing of electronic boards and lighting products tailored for the Controlled Environment Agriculture (CEA) sector. The company offers innovative solutions that enhance plant monitoring and lighting, enabling growers to optimize their yields while minimizing resource use. Its primary revenue stream comes from contract electronics manufacturing, reflecting its commitment to providing high-quality technology products that support efficient agricultural practices. Through its focus on research-backed solutions, Light Science Technologies aims to empower growers to achieve better outcomes in their operations.

Warwick Acoustics

Grant in 2020
Warwick Acoustics is a UK-based technology company focused on delivering High-Resolution Audio solutions for the automotive and headphone markets. The company utilizes its patented High Precision Electrostatic Laminate (HPEL) technology to produce ultra-thin, lightweight audio systems that provide superior sound quality, significantly outperforming traditional moving coil speakers in both bandwidth and form factor. HPELs are less than a quarter of the weight and one-tenth of the thickness of conventional speakers, allowing for exceptional design flexibility. Warwick Acoustics aims to enhance the in-car audio experience, particularly within electric vehicles, by integrating low-power electroacoustic panels made from upcycled and recyclable materials. Their innovative audio systems combine precision electrostatic transducers with low distortion features, optimizing power consumption and weight in personal audio and automotive applications.

Evince

Grant in 2020
Evince Technology is a UK-based start-up focused on developing innovative electron devices for various industries, including metrology, healthcare, communications, and advanced manufacturing. The company has created a new type of solid-state switch that aims to transform the high-frequency electronics sector. Its technology leverages synthetic diamonds to enhance the performance of these devices through thermionic valves, which utilize the exceptional thermal and electronic properties of diamonds. This advancement positions Evince as a key player in providing efficient solutions for effective electrical energy control, catering to the needs of developers and manufacturing partners.

Evince

Venture Round in 2020
Evince Technology is a UK-based start-up focused on developing innovative electron devices for various industries, including metrology, healthcare, communications, and advanced manufacturing. The company has created a new type of solid-state switch that aims to transform the high-frequency electronics sector. Its technology leverages synthetic diamonds to enhance the performance of these devices through thermionic valves, which utilize the exceptional thermal and electronic properties of diamonds. This advancement positions Evince as a key player in providing efficient solutions for effective electrical energy control, catering to the needs of developers and manufacturing partners.

Spectrum Logic

Grant in 2020
Spectrum Logic is an innovator and manufacturer of detection and imaging products using CMOS image sensors. We develop custom detectors for X-ray, electron beam, near infrared and ultraviolet imaging with experience in wafer scale CMOS image sensors (50 μm to 150 μm pixel pitch), sCMOS and NIR sensors.

Circada

Grant in 2020
Circada's unique lighting controls improve health and well-being. This consists of an adapter that connects to existing tuneable white LED drivers and is simple to retrofit without the need for complex commissioning, with a standard light switch serving as its interface. We can provide additional configuration prior to installation if necessary for a specific project in order to match the lighting specification, once again providing advanced circadian lighting that is plug-and-play and commission free.

Corrosion RADAR

Seed Round in 2018
CorrosionRADAR Ltd specializes in developing advanced corrosion monitoring systems utilizing innovative sensor technology to detect and predict hidden corrosion and moisture. Founded in 2017 and headquartered in Cambridge, United Kingdom, the company serves various industries, including oil and gas, power and utilities, industrial manufacturing, and civil infrastructure. Its solutions are particularly valuable for refineries, offshore and onshore rigs, power plants, storage tanks, chemical plants, wind turbines, bridges, and tunnels. By leveraging patent-pending distributed sensing technology and advanced analytics, CorrosionRADAR enables predictive corrosion management, allowing clients to implement safe and cost-effective maintenance and inspection programs, even in challenging environments.

Transmission Dynamics

Venture Round in 2018
Transmission Dynamics is an industrial internet of things solutions provider. They provide remote condition monitoring services. They provide engineering consulting, gear alignment, transducer development, strain gauge installation, and gear microgeometry optimization services. Their products include digital telemetry system, radio microscopy, and building vibration monitoring system.

Corrosion RADAR

Seed Round in 2018
CorrosionRADAR Ltd specializes in developing advanced corrosion monitoring systems utilizing innovative sensor technology to detect and predict hidden corrosion and moisture. Founded in 2017 and headquartered in Cambridge, United Kingdom, the company serves various industries, including oil and gas, power and utilities, industrial manufacturing, and civil infrastructure. Its solutions are particularly valuable for refineries, offshore and onshore rigs, power plants, storage tanks, chemical plants, wind turbines, bridges, and tunnels. By leveraging patent-pending distributed sensing technology and advanced analytics, CorrosionRADAR enables predictive corrosion management, allowing clients to implement safe and cost-effective maintenance and inspection programs, even in challenging environments.

Corrosion RADAR

Grant in 2017
CorrosionRADAR Ltd specializes in developing advanced corrosion monitoring systems utilizing innovative sensor technology to detect and predict hidden corrosion and moisture. Founded in 2017 and headquartered in Cambridge, United Kingdom, the company serves various industries, including oil and gas, power and utilities, industrial manufacturing, and civil infrastructure. Its solutions are particularly valuable for refineries, offshore and onshore rigs, power plants, storage tanks, chemical plants, wind turbines, bridges, and tunnels. By leveraging patent-pending distributed sensing technology and advanced analytics, CorrosionRADAR enables predictive corrosion management, allowing clients to implement safe and cost-effective maintenance and inspection programs, even in challenging environments.

Trameto

Grant in 2017
Trameto is developing intelligent, ultra-efficient power management devices for universal micro energy harvesting - to enable applications such as ‘self-sustaining’ autonomous wireless devices for the internet of things.

SleepCogni

Grant in 2017
SleepCogni is focused on developing innovative sleep aid technology that facilitates a personalized wind-down process to enhance sleep quality. The company's device, activated manually, utilizes sensors worn on the user's index finger to monitor key physiological and behavioral indicators, including heart rate, mental alertness, skin temperature, and movement. By employing cognitive behavioral therapy through biofeedback—delivered via visual, auditory, and tactile cues—SleepCogni aims to help users relearn healthy sleep patterns. This approach is designed to assist individuals in overcoming insomnia and improving their overall sleep cycle, offering a tailored solution to address common sleep challenges.

Inductosense

Grant in 2015
Inductosense Ltd specializes in the manufacture of wireless, battery-free sensors that detect cracks, corrosion, and defects in various structures and products. Founded in 2015 and based in Bristol, United Kingdom, the company has developed the Wireless And Non Destructive (WAND) Evaluation System, which includes a handheld measurement probe and a set of sensors that can be permanently attached to surfaces. These sensors operate under coatings, insulation, or repairs, allowing for efficient and non-invasive inspections. Additionally, Inductosense offers TRND systems designed for monitoring internal corrosion and erosion in pipework and vessels. Their technology facilitates fast, repeatable inspections and enables clients to gather consistent data on structural integrity over time, making it valuable for applications in large structures and composite repairs.

Cella Energy

Grant in 2013
Cella Energy Limited is an advanced materials and technologies company based in Didcot, United Kingdom, with additional offices and a laboratory in Florida. Founded in 2011, it specializes in developing and producing hydrogen storage materials capable of storing significant amounts of hydrogen per gram, facilitating transportation at room temperature. The company offers a range of products, including smaller-scale tray-type and industrial-scale freeze-drying facilities, flowable pellets, static and cartridge systems, and flowing pellet systems. Cella Energy serves various applications across low, medium, and high power sectors, including unmanned aerial vehicles, lower-emission diesel vehicles, and zero-emission vehicles. Additionally, it provides military power solutions for unmanned systems and radiation shielding materials designed to protect satellites from harmful radiation, thereby extending their operational lifespan.

Diamond Microwave Devices

Grant in 2009
Diamond Microwave Devices Ltd. specializes in the development of semiconductor devices utilizing chemical vapor deposition (CVD) diamond technology. Founded in 2006 and headquartered in Leeds, United Kingdom, the company focuses on creating devices that serve both civil and defense sectors, specifically for microwave power amplifier and transmitter applications. As a subsidiary of Element Six (Pty) Ltd., Diamond Microwave Devices aims to advance the performance and efficiency of microwave technologies through innovative diamond-based solutions.
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