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 Intellectual Property

Optrical

Grant in 2024
Founded in 2016, Optrical specializes in developing and manufacturing micro-optic film products. Their offerings include Illumax for LED/OLED lighting solutions and Authntrace for optical anti-counterfeiting and traceability services.

Kubos Semiconductors

Grant in 2023
Kubos Semiconductors Ltd, established in 2017 and headquartered in Cambridge, United Kingdom, specializes in the development and commercialization of semiconductors. The company focuses on cubic-GaN technology, which is used to produce high-efficiency, low-cost light-emitting diodes (LEDs). Kubos Semiconductors leverages its intellectual property to create wafers for LED manufacturers, aiming to enhance energy savings through advanced semiconductor solutions.

Intanify

Grant in 2023
Intanify is a technology company that leverages artificial intelligence to help organizations recognize and value their intangible assets, which often account for a significant portion of a company's overall value. By utilizing expert knowledge graphs, Intanify identifies assets such as intellectual property, data, and brand equity, enabling businesses to monetize these resources effectively and secure additional funding. The company also automates workflows for funders, lawyers, and other professionals involved in managing and advising on intellectual property matters. Through its platform, Intanify offers services that include asset type identification, inventory management, valuation, and risk assessment, facilitating connections between businesses and legal or financial experts to enhance asset management and strategic decision-making.

New Motion Labs

Debt Financing in 2023
New Motion Labs is a United Kingdom based mechanical engineering technology company that licenses its intellectual property related to sprocket tooth profiles. The company develops patented sprocket designs, notably the Enduo profile, that enable dual-point engagement on both sides of a sprocket tooth and aim to improve power transfer in chain drive systems. The technology is designed to extend wear life, reduce energy losses, and is retrofittable to existing chain-drive setups for cycling, e-mobility, and industrial equipment. Through licensing, New Motion Labs partners with sprocket manufacturers to integrate the profile into various applications, offering a pathway to longer-lasting drives and improved efficiency without requiring complete system overhauls.

Panivox

Grant in 2022
Panivox is an editor, player and publishing platform for interactive titles. It provides an entertainment platform designed for user-generated content creators to unlock commercial opportunities. The platform lets clients create, share and publish device-agnostic interactive media using a visual no-code system, reducing development costs to roughly one-tenth of traditional methods while enabling rapid adoption.

Intanify

Grant in 2022
Intanify is a technology company that leverages artificial intelligence to help organizations recognize and value their intangible assets, which often account for a significant portion of a company's overall value. By utilizing expert knowledge graphs, Intanify identifies assets such as intellectual property, data, and brand equity, enabling businesses to monetize these resources effectively and secure additional funding. The company also automates workflows for funders, lawyers, and other professionals involved in managing and advising on intellectual property matters. Through its platform, Intanify offers services that include asset type identification, inventory management, valuation, and risk assessment, facilitating connections between businesses and legal or financial experts to enhance asset management and strategic decision-making.

UltraSoC

Grant in 2019
UltraSoC Technologies Ltd., established in 2005 and headquartered in Cambridge, UK, specializes in semiconductor intellectual property (IP) for system monitoring, analysis, and optimization. The company's core offering is an independent, non-intrusive system-level architecture that enables real-time, wire-speed monitoring of System-on-Chip (SoC) internal behavior. This IP accelerates and de-risks development by providing engineers with insights into complex interactions between on-chip sub-systems, buses, and software. UltraSoC's toolkit comprises configurable modules and software for IP configuration, debug, and analytics, serving applications in SoC debug, analytics and optimization, in-field monitoring, and security. Since June 2020, UltraSoC operates as a subsidiary of Siemens AG.

Ubiquigent

Grant in 2018
Ubiquigent Limited is a biotechnology company based in Dundee, United Kingdom, founded in 2009. It specializes in the development and supply of high-quality reagents, kits, and drug discovery assay development services, focusing on the ubiquitin and ubiquitin-like signaling systems. The company provides protein degradation-focused drug discovery services and designs novel deubiquitylase (DUB) enzyme inhibitors as potential therapeutics for addressing unmet medical needs. Ubiquigent collaborates with both academic and pharmaceutical researchers, supporting fundamental scientific discovery and the exploration of innovative drug candidates targeting DUBs. Its hybrid business model emphasizes the generation of intellectual property while maintaining an internal pipeline of drug discovery programs aimed at optimizing compounds for critical therapeutic areas.

Irresistible Materials

Grant in 2018
Irresistible Materials Ltd is a materials technology company based in Swansea, United Kingdom, specializing in the development and commercialization of fullerene-based photoresist technology. Founded in 2010 as a spin-out from the University of Birmingham, the company collaborates with Nano-C Inc in the United States to create advanced materials for next-generation lithography applications. Irresistible Materials focuses on providing innovative solutions, including EUV resists, spin-on-carbon, and e-beam resists, aimed at meeting the demands of the semiconductor industry for increasingly smaller microchip feature sizes. The company has established a robust patent portfolio that encompasses various resist and hard-mask materials and maintains strong partnerships with the University of Birmingham and a network of global collaborators to further advance its materials offerings.

Vitamica

Grant in 2018
Vitamica Ltd is a diagnostic technology company based in Bristol, United Kingdom, founded in 2018 as a spin-out from the University of Bristol. The company specializes in rapid antimicrobial susceptibility testing (AST) that enables the swift identification of pathogenic bacteria and their resistance to antibiotics. By utilizing advanced optical technology, Vitamica's innovative approach detects nanoscale fluctuations in live bacteria, providing clinicians with critical information to guide antibiotic treatment decisions. With a growing portfolio of intellectual property, Vitamica aims to make significant contributions to the healthcare, veterinary, and pharmaceutical sectors through its novel diagnostic methods.
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