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 Internet of Things

TwinLabs.ai

Grant in 2024
Through easy-to-use Digital Twins, TwinLabs.ai enables venue and event operators to reduce their costs, increase sustainability, improve safety and generate new revenue streams using the very latest AI, IoT, 3D graphics and Digital Twin technologies.

OctaiPipe

Grant in 2024
OctaiPipe specializes in Federated Learning Operations (FL-Ops) for Edge AIoT devices. It streamlines the entire lifecycle of developing distributed IoT solutions, enabling data scientists to create scalable, adaptable systems while minimizing monitoring and maintenance costs.

Mumbli

Grant in 2023
Mumbli enhances hearing experiences by integrating wireless sound sensors into venues. Their IoT system monitors and reports on sound performance in real-time, benefiting individuals with hearing difficulties or noise sensitivities.

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.

Mediprospects AI

Grant in 2023
Mediprospects AI is a software company that offers big data, artificial intelligence, IoT, cyber security, and data analytics solutions.

OctaiPipe

Grant in 2022
OctaiPipe specializes in Federated Learning Operations (FL-Ops) for Edge AIoT devices. It streamlines the entire lifecycle of developing distributed IoT solutions, enabling data scientists to create scalable, adaptable systems while minimizing monitoring and maintenance costs.

MiiCare

Grant in 2021
MiiCare designs an AI-driven home care platform for aging individuals, co-created with older adults, families, and caregivers. It transforms homes into safe, connected spaces using telehealth devices, passive sensors, acoustic sensing, and AI digital therapeutics. The platform's conversational AI, Monica, acts as a health coach, monitoring users' homes, ensuring medication adherence, motivating healthy habits, and alerting caregivers to behavior or health changes. MiiCare aims to reduce care costs, staff burden, and hospitalizations while improving user engagement.

MiiCare

Grant in 2021
MiiCare designs an AI-driven home care platform for aging individuals, co-created with older adults, families, and caregivers. It transforms homes into safe, connected spaces using telehealth devices, passive sensors, acoustic sensing, and AI digital therapeutics. The platform's conversational AI, Monica, acts as a health coach, monitoring users' homes, ensuring medication adherence, motivating healthy habits, and alerting caregivers to behavior or health changes. MiiCare aims to reduce care costs, staff burden, and hospitalizations while improving user engagement.

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.

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.

Cloud Cycle

Grant in 2021
Cloud Cycle develops a cloud-based real-time concrete management software that ensures concrete meets specifications, reducing waste and associated CO2 emissions. The platform uses IoT and machine learning to predict quality issues and suggest interventions, improving concrete standards and operational efficiency.

Addvalue Technologies

Grant in 2020
Addvalue Technologies Ltd is a Singapore-based company specializing in satellite-based communication and digital broadband products aimed at enhancing connectivity across various sectors. Founded in 1994, the company develops and manufactures a diverse range of terminals that operate on satellite networks for land, maritime, and aeronautical applications. It focuses on providing solutions for both voice and internet protocol-based data applications. Addvalue's offerings include agile communication systems that leverage software-defined radio and machine learning tools, catering to the needs of governments and commercial enterprises. The company also provides turnkey contracting services for system integration and managed services that combine edge processing in terminals with cloud-based platforms. Its products and solutions are marketed under the Wideye brand, and the company has established partnerships, such as with AIOT Chile SpA, to deliver advanced IoT/M2M solutions. Operating in multiple geographic segments, Addvalue Technologies primarily generates revenue from the Asia Pacific region, which includes markets in Singapore, Malaysia, Korea, and China.

Mumbli

Grant in 2020
Mumbli enhances hearing experiences by integrating wireless sound sensors into venues. Their IoT system monitors and reports on sound performance in real-time, benefiting individuals with hearing difficulties or noise sensitivities.

MiiCare

Grant in 2020
MiiCare designs an AI-driven home care platform for aging individuals, co-created with older adults, families, and caregivers. It transforms homes into safe, connected spaces using telehealth devices, passive sensors, acoustic sensing, and AI digital therapeutics. The platform's conversational AI, Monica, acts as a health coach, monitoring users' homes, ensuring medication adherence, motivating healthy habits, and alerting caregivers to behavior or health changes. MiiCare aims to reduce care costs, staff burden, and hospitalizations while improving user engagement.

Cloud Cycle

Grant in 2020
Cloud Cycle develops a cloud-based real-time concrete management software that ensures concrete meets specifications, reducing waste and associated CO2 emissions. The platform uses IoT and machine learning to predict quality issues and suggest interventions, improving concrete standards and operational efficiency.

The Smart Container Company

Grant in 2020
This company specializes in IoT technology for beverage supply chains. Its flagship product, KegTracker, is an IoT device that monitors containers in real-time, while its AI-driven platform, BeverEDGE, analyzes this data to enhance distribution efficiency and reduce carbon footprint.

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.

Configured Things

Grant in 2020
Configured Things specializes in cross-domain configuration management solutions aimed at safely managing systems across trust boundaries. The company develops a configuration management tool that allows for decentralized control over various types of equipment. This tool is designed to configure dynamic systems and environments, with particular emphasis on applications such as physical and virtualized control rooms, as well as multi-use digital spaces. By enabling clients to effectively manage complex collections of devices and services, Configured Things addresses the challenges associated with managing intricate systems across diverse operational contexts.

Cloud Cycle

Grant in 2020
Cloud Cycle develops a cloud-based real-time concrete management software that ensures concrete meets specifications, reducing waste and associated CO2 emissions. The platform uses IoT and machine learning to predict quality issues and suggest interventions, improving concrete standards and operational efficiency.

Synnefa

Grant in 2020
Synnefa is a company that offers an ecosystem of Smart Greenhouses and Solar Dryers, integrated with FarmShield™ IoT sensors and FarmCloud™ software. This innovative approach enables farmers to optimize their operations by doubling their incomes on less land, conserving water, reducing post-harvest losses, and accessing premium markets. Additionally, Synnefa has developed an online farm record-keeping platform that enhances crop farming efficiency by collecting data from sensor-enabled irrigation systems and environmental monitoring devices. This platform provides soil analysis and real-time insights into the irrigation needs of crops, allowing farmers to manage their farms remotely via mobile devices and improve overall production.

Cloud Cycle

Grant in 2019
Cloud Cycle develops a cloud-based real-time concrete management software that ensures concrete meets specifications, reducing waste and associated CO2 emissions. The platform uses IoT and machine learning to predict quality issues and suggest interventions, improving concrete standards and operational efficiency.

Crypta Labs

Debt Financing in 2019
Crypta Labs Ltd is a London-based company founded in 2014 that specializes in quantum security technology. The firm focuses on developing quantum random number generation chips to enhance security protocols for the Internet of Things (IoT) across various sectors, including transportation, military, intelligence, and healthcare. Its main products include a Quantum Random Number Generation (QRNG) encryption module, which integrates a light source, detector, and processor into a single Application Specific Integrated Circuit (ASIC) chip, delivering military-grade encryption. Additionally, Crypta Labs offers a Mobile Security Technology Module, which utilizes mobile phone cameras along with an Application Process Interface (API) and Software Development Kit (SDK) to aid mobile application developers in securing their software. This innovative approach aims to future-proof the cybersecurity of IoT systems for various industries.

Wyld Networks

Grant in 2019
Founded in 2016, Wyld Networks specializes in wireless communication solutions for the Internet of Things (IoT), focusing on smart cities, retail, events, health, and industrial sectors. The company leverages low-power wireless technology and low-earth orbiting satellites to enable affordable IoT connectivity worldwide, particularly in areas with limited wireless coverage.

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.

CorrosionRADAR

Seed Round in 2018
CorrosionRADAR is a company that develops corrosion monitoring systems using distributed sensor technology to detect and predict hidden corrosion and moisture in critical assets. Its remote sensing solutions are designed for oil and gas facilities including refineries, offshore and onshore rigs, pipelines, as well as power plants, storage tanks, and industrial infrastructure. The technology combines IIoT-enabled sensors and advanced analytics to quantify corrosion severity, locate corrosion in inaccessible environments, and enable online monitoring and predictive maintenance. Applications span industrial manufacturing, utility pipelines, chemical plants, wind turbines, bridges, tunnels, and civil infrastructure, helping clients improve safety, reliability, and maintenance costs.

CorrosionRADAR

Grant in 2018
CorrosionRADAR is a company that develops corrosion monitoring systems using distributed sensor technology to detect and predict hidden corrosion and moisture in critical assets. Its remote sensing solutions are designed for oil and gas facilities including refineries, offshore and onshore rigs, pipelines, as well as power plants, storage tanks, and industrial infrastructure. The technology combines IIoT-enabled sensors and advanced analytics to quantify corrosion severity, locate corrosion in inaccessible environments, and enable online monitoring and predictive maintenance. Applications span industrial manufacturing, utility pipelines, chemical plants, wind turbines, bridges, tunnels, and civil infrastructure, helping clients improve safety, reliability, and maintenance costs.

IOTech

Seed Round in 2018
IOTech Systems Limited specializes in developing and deploying open and secure software edge platforms tailored for the Industrial Internet of Things (IIoT). The company addresses critical challenges in IoT deployments, such as latency, network bandwidth, reliability, and security, which traditional cloud-only models cannot effectively manage. IOTech offers a scalable, software-defined compute infrastructure that allows applications and services to be orchestrated locally across various domains. Central to its offerings is EdgeX Foundry, an open-source edge software platform that promotes interoperability among devices, applications, and services. Additionally, IOTech provides Edge Xpert, a commercial-grade platform designed for IIoT edge computing, which includes full support and maintenance subscriptions. Their services encompass onboarding partner software, operational technology integration, platform testing, and tailored training solutions. Established in 2017 and headquartered in Newcastle upon Tyne, United Kingdom, IOTech aims to enhance the deployment speed of IoT systems while minimizing integration costs for its partners across diverse market sectors.

CorrosionRADAR

Seed Round in 2018
CorrosionRADAR is a company that develops corrosion monitoring systems using distributed sensor technology to detect and predict hidden corrosion and moisture in critical assets. Its remote sensing solutions are designed for oil and gas facilities including refineries, offshore and onshore rigs, pipelines, as well as power plants, storage tanks, and industrial infrastructure. The technology combines IIoT-enabled sensors and advanced analytics to quantify corrosion severity, locate corrosion in inaccessible environments, and enable online monitoring and predictive maintenance. Applications span industrial manufacturing, utility pipelines, chemical plants, wind turbines, bridges, tunnels, and civil infrastructure, helping clients improve safety, reliability, and maintenance costs.

CorrosionRADAR

Grant in 2017
CorrosionRADAR is a company that develops corrosion monitoring systems using distributed sensor technology to detect and predict hidden corrosion and moisture in critical assets. Its remote sensing solutions are designed for oil and gas facilities including refineries, offshore and onshore rigs, pipelines, as well as power plants, storage tanks, and industrial infrastructure. The technology combines IIoT-enabled sensors and advanced analytics to quantify corrosion severity, locate corrosion in inaccessible environments, and enable online monitoring and predictive maintenance. Applications span industrial manufacturing, utility pipelines, chemical plants, wind turbines, bridges, tunnels, and civil infrastructure, helping clients improve safety, reliability, and maintenance costs.

Miotify

Grant in 2017
Miotify Ltd. is a company that specializes in developing software and online toolkits aimed at enhancing the quality of digital health applications. Founded in 2015 and based in Windsor, United Kingdom, Miotify's system is designed to empower both developers and non-IT personnel to create applications within a structured framework, ensuring quality is integrated from the outset. The software facilitates the auto-generation of evidence for regulatory submissions while transforming data from devices and sensors for remote patient monitoring in clinical trials. Additionally, Miotify's solutions provide medical practitioners and researchers with tools for iterations tracking, lifecycle management, and the analysis of clinical data. This enables healthcare professionals to make informed clinical decisions and gather insights that significantly improve patient care.

Trameto

Grant in 2017
Trameto Ltd. is a manufacturer based in Swansea, United Kingdom, specializing in power management integrated circuits (PMICs) and wireless IoT edge devices. Established in 2016, the company focuses on developing intelligent, ultra-efficient power management solutions that facilitate micro energy harvesting. Trameto's innovative products aim to eliminate the need for batteries in ultra-low-power systems, enabling the creation of self-sustaining autonomous wireless devices for various Internet of Things applications. By providing effective and economical alternatives to traditional battery dependency, Trameto is poised to drive advancements in the field of energy management for wireless technologies.

BuffaloGrid

Grant in 2017
BuffaloGrid is a pioneering company that provides mobile power and internet connectivity solutions to off-grid communities worldwide. Their mission is to empower the next billion smartphone users in frontier markets, enabling them to improve their quality of life and business activities through access to mobile digital services. The company's innovative technology includes an advanced off-grid phone charging system powered by solar energy, which can also communicate with a cloud platform using SMS and the internet. This allows users to access digital content and services, bridging the digital divide and fostering socio-economic development.

Scout

Grant in 2017
Scout is developing an innovative web assistance technology that aims to transform how individuals navigate the internet. The company is creating a content-aware browser that not only presents webpages but also comprehends their content and understands user intentions across multiple tasks. This advanced browser will function as a digital assistant, facilitating various online activities such as shopping by finding alternative prices and summarizing reviews, and event planning by checking users' calendars and suggesting routes. By employing techniques such as semantic graphing, natural language processing, and reinforcement learning, Scout's software will enable users to access relevant information seamlessly, eliminating the need for manual searches and enhancing overall online efficiency.

BuffaloGrid

Grant in 2017
BuffaloGrid is a pioneering company that provides mobile power and internet connectivity solutions to off-grid communities worldwide. Their mission is to empower the next billion smartphone users in frontier markets, enabling them to improve their quality of life and business activities through access to mobile digital services. The company's innovative technology includes an advanced off-grid phone charging system powered by solar energy, which can also communicate with a cloud platform using SMS and the internet. This allows users to access digital content and services, bridging the digital divide and fostering socio-economic development.

BuffaloGrid

Grant in 2017
BuffaloGrid is a pioneering company that provides mobile power and internet connectivity solutions to off-grid communities worldwide. Their mission is to empower the next billion smartphone users in frontier markets, enabling them to improve their quality of life and business activities through access to mobile digital services. The company's innovative technology includes an advanced off-grid phone charging system powered by solar energy, which can also communicate with a cloud platform using SMS and the internet. This allows users to access digital content and services, bridging the digital divide and fostering socio-economic development.

GridDuck

Grant in 2017
GridDuck transforms homes and businesses into part of the smart grid. It uses a Zigbee wireless network for real-time energy monitoring and control via its gateway, connected plugs, relays, and switches. The system also monitors grid conditions and responds to commands from the gateway.

GridDuck

Grant in 2016
GridDuck transforms homes and businesses into part of the smart grid. It uses a Zigbee wireless network for real-time energy monitoring and control via its gateway, connected plugs, relays, and switches. The system also monitors grid conditions and responds to commands from the gateway.

LuJam Cyber

Grant in 2016
LuJam Cyber is a cybersecurity company specializing in protecting small and medium-sized enterprises' networks. Its SaaS-based platform complements existing firewall and antivirus software, detecting various uncovered security threats, including those related to IoT devices.

GridDuck

Grant in 2015
GridDuck transforms homes and businesses into part of the smart grid. It uses a Zigbee wireless network for real-time energy monitoring and control via its gateway, connected plugs, relays, and switches. The system also monitors grid conditions and responds to commands from the gateway.

Sensing Feeling

Grant in 2015
Founded in London in 2013, Sensing Feeling develops IoT-based products that use computer vision and machine learning to measure human behavior in real-time. Their solutions enhance safety, improve customer experiences, and help businesses manage risks effectively.

BuffaloGrid

Grant in 2013
BuffaloGrid is a pioneering company that provides mobile power and internet connectivity solutions to off-grid communities worldwide. Their mission is to empower the next billion smartphone users in frontier markets, enabling them to improve their quality of life and business activities through access to mobile digital services. The company's innovative technology includes an advanced off-grid phone charging system powered by solar energy, which can also communicate with a cloud platform using SMS and the internet. This allows users to access digital content and services, bridging the digital divide and fostering socio-economic development.
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