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 Energy

Tewke

Grant in 2024
Tewke, established in 2020 in London, specializes in developing AI-driven home automation technology to reduce energy consumption and enhance living experiences. The company's flagship product, Tap, is an intelligent light switch that requires no rewiring, serving as the foundation for Tewke's energy control and home automation platform. Tap has been recognized internationally, including winning the Red Dot Design Award.

AceOn

Grant in 2024
AceOn Group is an innovative energy storage and battery manufacturer that develops a diverse array of battery solutions for utility-scale, residential, and off-grid portable applications. The company specializes in custom battery design and assembly, along with distribution and storage systems tailored to the needs of commercial, industrial, and utility-scale sectors. By focusing on providing high-quality energy storage solutions, AceOn enables clients across various industries to effectively address their energy storage challenges.

Pipeline Organics

Grant in 2024
Pipeline Organics is an early-stage cleantech company developing higher efficiency biofuel cells. These cells generate clean, continuous renewable electricity from wastewater, harnessing its untapped chemical potential to meet industrial power demands while reducing energy costs and offsetting carbon emissions.

Marine Power Systems

Grant in 2024
Marine Power Systems Ltd. is a Swansea-based company focused on developing innovative marine renewable energy technologies. Established in 2008 by engineering graduates from Swansea University, the company specializes in the WaveSub, a wave energy converter designed to harness wave energy for electricity generation. The WaveSub operates underwater, adjusting its depth to optimize energy capture and to withstand severe weather conditions. By utilizing orbital motion with the waves, Marine Power Systems aims to reduce the costs associated with wave energy generation, contributing to the advancement of sustainable energy solutions.

enee.io

Grant in 2024
enee.io designs and develops battery monitoring systems that enhance profitability for both users and suppliers of renewable energy systems.

Eco Wave Power

Grant in 2024
Eco Wave Power is a Sweden-based company specializing in wave energy technology. It is the sole inventor, owner, and developer of the EWP wave energy converters, which are designed to convert ocean and sea waves into clean electricity. The company's innovative technology utilizes point absorber floating devices, known as floaters, that can be installed on existing marine structures like piers and breakwaters or in locations where such structures are needed. Eco Wave Power's approach is aimed at providing a smart and cost-efficient solution for energy harvesting from waves. The company has been recognized for its advancements in the field, having received the Frost & Sullivan Product Innovation Award, marking a significant achievement in the wave energy sector. With projects in places such as Gibraltar and Israel, Eco Wave Power is positioned to become a leader in renewable energy generation through wave power.

Energy Local

Grant in 2023
Energy Local is a groundbreaking social venture that brings together communities and local renewables to build local fair energy markets that keep more money in the community.

AceOn

Grant in 2023
AceOn Group is an innovative energy storage and battery manufacturer that develops a diverse array of battery solutions for utility-scale, residential, and off-grid portable applications. The company specializes in custom battery design and assembly, along with distribution and storage systems tailored to the needs of commercial, industrial, and utility-scale sectors. By focusing on providing high-quality energy storage solutions, AceOn enables clients across various industries to effectively address their energy storage challenges.

Ev.energy

Grant in 2022
Ev.energy is a London-based company established in 2018, specializing in smart charging software for electric vehicles (EVs). Its platform optimizes EV charging during off-peak hours, tracks energy usage and costs, supports solar energy integration, and enables drivers to schedule and monitor charging via an app, thereby reducing both costs and carbon emissions.

enee.io

Grant in 2021
enee.io designs and develops battery monitoring systems that enhance profitability for both users and suppliers of renewable energy systems.

Ovon Home

Seed Round in 2021
Ovon Home creates beautiful & easy to install smart home devices, offering superb comfort & energy saving in a stylish way. The new Ovon heating system, with our 5G, cellular-enabled boiler controller, offers a cutting-edge, self-charging platform that eliminates waste and provides a future-proof, energy-saving solution. With the capacity for remote diagnostics and predictive maintenance and the ability to interface with any boiler on the market, Ovon’s products have the potential to revolutionise home servicing while improving comfort.

AceOn

Grant in 2021
AceOn Group is an innovative energy storage and battery manufacturer that develops a diverse array of battery solutions for utility-scale, residential, and off-grid portable applications. The company specializes in custom battery design and assembly, along with distribution and storage systems tailored to the needs of commercial, industrial, and utility-scale sectors. By focusing on providing high-quality energy storage solutions, AceOn enables clients across various industries to effectively address their energy storage challenges.

Connected Energy

Grant in 2021
Connected Energy Ltd, founded in 2010 and based in Newcastle upon Tyne, United Kingdom, specializes in energy storage solutions by utilizing recycled electric vehicle batteries through its innovative E-STOR technology. This system allows businesses to convert used car batteries into energy storage systems, enabling them to store excess energy for later use. Connected Energy's offerings include software and services that enhance load management, optimizing efficiency and cost savings across various sectors, including healthcare, education, industrial, retail, and utilities. The company has established a diverse client base and operates systems across the UK, Belgium, Germany, and the Netherlands, with capacities ranging from 60 kW to 1.2 MW, and plans for larger installations in the future. As a subsidiary of Future Transport Systems Ltd, Connected Energy aims to commercialize the research and development conducted by its parent company.

Iceni Labs

Grant in 2020
Iceni Labs is an innovation commercialisation enterprise, with integrated research, development, test and manufacturing capability. Inter-disciplinary by nature, we combine commercial expertise with academic excellence, across the Defence and Security, Energy, Health and Consumer sectors. Our professional networks bridge artificial intelligence, automated creativity, electronics, energy, materials, nanotechnology and software. We invent and innovate in-house, foster high-potential technologies, and aggregate capabilities globally, to produce innovative, disruptive products that deliver more than the sum of their parts. By providing technical, executive, commercial and capital support, our Innovation-Exploitation Programme enhances value proposition and reduces risk exposure, while developing creativity, flexibility and robustness. Our goal is for our ‘wrap around’ idea to patent to product approach to become recognised globally as a catalyst for successful innovation. We are bridging the challenging gap between ‘thinking’ and ‘doing’.

enee.io

Grant in 2020
enee.io designs and develops battery monitoring systems that enhance profitability for both users and suppliers of renewable energy systems.

Mocean Energy

Grant in 2020
Mocean Energy develops technologies to harness wave power and accelerate the transition to a zero-carbon future. Based in Edinburgh, United Kingdom, the company designs an energy converter with a power take-off mechanism that converts wave kinetic energy into electricity, enabling reliable, affordable renewable power for subsea applications such as control systems, remotely operated vehicles, and autonomous underwater vehicles.

Ovon Home

Seed Round in 2020
Ovon Home creates beautiful & easy to install smart home devices, offering superb comfort & energy saving in a stylish way. The new Ovon heating system, with our 5G, cellular-enabled boiler controller, offers a cutting-edge, self-charging platform that eliminates waste and provides a future-proof, energy-saving solution. With the capacity for remote diagnostics and predictive maintenance and the ability to interface with any boiler on the market, Ovon’s products have the potential to revolutionise home servicing while improving comfort.

Corridor Technology

Grant in 2020
Corridor Technology is a technology company. It will entail the development of a fully standardised imagery and video data review system to allow asset inspectors in road, rail and energy corridors to review remote condition monitoring data (RCM), output from Corridor’s Machine Learning systems.

Evince

Grant in 2020
Evince Technology is a UK-based startup focused on the development of innovative electron devices utilizing synthetic diamonds. The company aims to revolutionize the high-frequency electronics industry by introducing a new type of solid-state switch that serves as a foundational element for effective electrical energy control. Its products are designed for various applications, including metrology, healthcare, communications, and advanced manufacturing. By harnessing the superior thermal and electronic properties of diamonds, Evince Technology provides manufacturers and developers with the potential for enhanced performance through its licensed thermionic valve technology.

Evince

Venture Round in 2020
Evince Technology is a UK-based startup focused on the development of innovative electron devices utilizing synthetic diamonds. The company aims to revolutionize the high-frequency electronics industry by introducing a new type of solid-state switch that serves as a foundational element for effective electrical energy control. Its products are designed for various applications, including metrology, healthcare, communications, and advanced manufacturing. By harnessing the superior thermal and electronic properties of diamonds, Evince Technology provides manufacturers and developers with the potential for enhanced performance through its licensed thermionic valve technology.

Iceni Labs

Grant in 2020
Iceni Labs is an innovation commercialisation enterprise, with integrated research, development, test and manufacturing capability. Inter-disciplinary by nature, we combine commercial expertise with academic excellence, across the Defence and Security, Energy, Health and Consumer sectors. Our professional networks bridge artificial intelligence, automated creativity, electronics, energy, materials, nanotechnology and software. We invent and innovate in-house, foster high-potential technologies, and aggregate capabilities globally, to produce innovative, disruptive products that deliver more than the sum of their parts. By providing technical, executive, commercial and capital support, our Innovation-Exploitation Programme enhances value proposition and reduces risk exposure, while developing creativity, flexibility and robustness. Our goal is for our ‘wrap around’ idea to patent to product approach to become recognised globally as a catalyst for successful innovation. We are bridging the challenging gap between ‘thinking’ and ‘doing’.

SolarisKit

Grant in 2020
SolarisKit is a cleantech company specializing in the production of flat-packable solar thermal collectors. Their innovative design enables easy assembly, enhancing energy efficiency and facilitating global adoption for residential and commercial sectors to reduce carbon emissions.

Ev.energy

Grant in 2019
Ev.energy is a London-based company established in 2018, specializing in smart charging software for electric vehicles (EVs). Its platform optimizes EV charging during off-peak hours, tracks energy usage and costs, supports solar energy integration, and enables drivers to schedule and monitor charging via an app, thereby reducing both costs and carbon emissions.

Inclusive Energy

Grant in 2019
Inclusive Energy specializes in remote monitoring and analytics solutions tailored for solar and biogas companies in the Global South. The company develops energy monitoring and control devices that capture real-time data from biogas digesters and solar photovoltaic systems. This data is transmitted to the cloud for analysis, providing valuable insights and automated control functions. By bridging the gap between off-grid energy providers, end-users, and carbon markets, Inclusive Energy aims to enhance customer engagement and support efficient management within the clean energy sector.

Iceni Labs

Grant in 2019
Iceni Labs is an innovation commercialisation enterprise, with integrated research, development, test and manufacturing capability. Inter-disciplinary by nature, we combine commercial expertise with academic excellence, across the Defence and Security, Energy, Health and Consumer sectors. Our professional networks bridge artificial intelligence, automated creativity, electronics, energy, materials, nanotechnology and software. We invent and innovate in-house, foster high-potential technologies, and aggregate capabilities globally, to produce innovative, disruptive products that deliver more than the sum of their parts. By providing technical, executive, commercial and capital support, our Innovation-Exploitation Programme enhances value proposition and reduces risk exposure, while developing creativity, flexibility and robustness. Our goal is for our ‘wrap around’ idea to patent to product approach to become recognised globally as a catalyst for successful innovation. We are bridging the challenging gap between ‘thinking’ and ‘doing’.

Centre for Renewable Energy Systems Technology

Grant in 2019
For over 20 years CREST (Centre for Renewable Energy Systems Technology) has overseen the research and development of the most progressive renewable energy technologies. New technologies to develop viable fossil fuel alternatives and support rapid growth within the global sustainable energy sector are essential. CREST continues to instigate, lead and deliver high quality, original research, collaborating with industry and international academic networks.

UrbanChain

Grant in 2019
UrbanChain operates a global peer-to-peer energy exchange platform powered by blockchain technology. It connects renewable energy generators with consumers, enabling significant savings on energy bills and facilitating large consumers' transition to net-zero carbon emissions. The solution is regulated and expanding globally.

Brilliant Planet

Grant in 2019
Brilliant Planet develops algae-based biomass production to permanently sequester carbon at large scale using open-air pond systems on coastal desert land. The approach grows microalgae without fresh water, leveraging natural processes to sequester carbon while supporting ocean and air health, and it also provides a source of protein to meet rising demand.

D-Wave Systems

Grant in 2017
D-Wave Systems Inc. is a pioneering company in the field of quantum computing, recognized as the world’s first commercial supplier of quantum computers. Founded in 1999 and headquartered in Burnaby, Canada, D-Wave specializes in the development, fabrication, and integration of superconducting quantum computers. The company offers a range of products, including the D-Wave Two System, a commercial quantum computer, and D-Wave Hybrid, an open-source platform for creating hybrid quantum-classical applications. Leap, its cloud-based service, provides real-time access to quantum computing resources along with development tools and educational content. D-Wave’s quantum computers are applied across various sectors, addressing challenges in mission planning, logistics, machine learning, and optimization problems, among others. The company serves diverse industries, including defense, finance, energy, and academia, and also offers professional services, training, and customer support to enhance user experience and application development.

Dearman

Grant in 2017
Dearman Ltd., established in 2011 and headquartered in London, specializes in developing and delivering clean cold and power technologies. The company's core product, the Dearman engine, is a piston engine driven by the expansion of liquid nitrogen or liquid air, producing zero-emission power and cooling. This technology is applied in various sectors, including refrigerated transport systems for cooling cargo in trucks, backup power and cooling for buildings, and assisting the main drive engine in city buses and urban vehicles. Dearman's innovations aim to reduce operating costs, fuel usage, and emissions, while maintaining low capital costs. The company is currently in commercial trials for its transport refrigeration application, with plans for multi-country trials later in 2016.

Onzo

Grant in 2015
Onzo, Ltd. is a London-based company specializing in the design of energy management systems for residential use. Established in 2007, Onzo offers a range of products including smart energy kits, which consist of sensors and displays integrated with a website, enabling consumers to monitor and manage their energy usage effectively. The company's display tools provide users with valuable insights to better understand their energy consumption, while the ONZO Insights platform allows utility companies to analyze various data dimensions. By combining technology and design expertise, Onzo aims to empower consumers to reduce their energy consumption, lower their bills, and minimize carbon emissions, while also offering utilities innovative solutions to enhance customer engagement and operational efficiency. The company also has an office in Denver, Colorado.

ZOEX

ZOEX is the world's first wave energy converter system that is dependable, modular, and commercially feasible.
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