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.
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 OLED
SmartKem
Grant in 2024
SmartKem designs and markets organic semiconductors for displays and related devices. It develops low-temperature, solution-deposited organic semiconductors for transistor backplanes and undertakes design, development, industrialization, and technology transfer of its semiconductor platform. Its TRUFLEX inks enable organic thin-film transistor circuits on low-cost substrates, supporting applications in mini-LED and AMOLED displays, fingerprint sensors, and logic circuits. Revenue comes from sales of TRUFLEX inks and demonstration products, with a focus on partnering with display and electronics manufacturers to enable cost-effective, high-performance organic electronics.
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.
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