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 Recycling

Scott Bros

Grant in 2025
Scott Bros. is a recycling, haulage, and plant hire business established in Thornaby-on-Tees. Over the years, they have developed their business by being customer-focused and offering flexible solutions to suit their customers' and clients' requirements. This is only possible due to their team of dedicated, hardworking staff, who strive to provide the possible service.

BindEthics

Grant in 2024
BindEthics is a business specializing in the production and supply of eco-friendly adhesives. Their primary product is a sustainable, non-toxic glue that is not derived from fossil fuels. This innovative adhesive is designed to replace traditional, petroleum-based adhesives, particularly in the manufacturing of engineered wood products like furniture. By offering a bio-based alternative, BindEthics enables its customers to produce non-toxic, sustainable, and recyclable products, thereby promoting a more environmentally responsible approach to manufacturing.

Eslando

Grant in 2024
Eslando operates an AI-powered B2B marketplace designed to streamline textile waste trading. It connects waste collectors, recyclers, and corporate brands for efficient, traceable, and profitable transactions.

HUID

Grant in 2024
HUID is a company focused on developing eco-friendly materials from waste onion skins. It aims to reduce single-use plastic consumption by creating home-compostable packaging materials. HUID specializes in producing a card-like material made from biologically processed onion skin fibers, offering a sustainable alternative to traditional wood fiber paper for secondary packaging products.

Low Carbon Materials

Grant in 2024
Low Carbon Materials is a climate-tech company that develops low-carbon construction material alternatives. It manufactures specialty materials that transform waste plastics into lightweight, eco-friendly plastic aggregates that are thermally insulating, enabling partial replacement of sand in traditional building materials and reducing carbon emissions. By focusing on sustainable, low-carbon options, it aims to help construction projects lower their environmental footprint.

PuriFire Energy

Grant in 2024
Transforming Waste Water and wet feedstocks into Green Methanol and other sustainable fuels

Birl

Grant in 2024
Birl is a technology company that facilitates a sustainable fashion ecosystem. It enables customers to exchange unwanted clothing for store credit on partner brand websites, reducing textile waste. Birl's platform also offers brands new revenue streams, enhanced customer loyalty, and comprehensive resale management, including logistics and technology, allowing brands to focus on their core business.

Nexam Chemical

Grant in 2023
Nexam Chemical enhances polymer properties, enabling industries like aerospace, electronics, and recycling to improve performance cost-effectively.

Oakdale Greenscaping

Grant in 2023
Oakdale Greenscaping offers a variety of sustainable paving products made from recycled and locally sourced raw materials.

Carbogenics

Seed Round in 2023
Carbogenics is a UK-based company that develops and produces sustainable agricultural and waste-to-resource technologies. It focuses on turning disposable coffee cups and other non-recyclable paper waste into value-added products, including carbon-rich materials that stimulate biogas production and improve plant growth, and it offers CreChar as a carbon additive. The company provides plant fertilizer products and consultancy and analytical services for anaerobic digestion facilities, supporting operators in wastewater and biogas applications. Its low-carbon technology converts difficult-to-recycle organic waste into carbon adsorbents used to boost digestion performance and agricultural yields. Founded in 2016 and based in Edinburgh, Carbogenics aims to create circular economy solutions by transforming waste streams into fertilizers, soil amendments, and bio-additives for farming and digestion processes.

Eslando

Grant in 2023
Eslando operates an AI-powered B2B marketplace designed to streamline textile waste trading. It connects waste collectors, recyclers, and corporate brands for efficient, traceable, and profitable transactions.

Automedi

Grant in 2023
Automedi is a sustainable manufacturing platform focused on transforming waste into consumer products through a decentralized Circularity-as-a-Service model. By integrating 12 innovative technologies, it establishes localized "microeconomies" that allow for the rapid conversion of plastic waste into finished products in as little as 25 minutes. This edge manufacturing system minimizes transportation needs and operates with low energy consumption, repurposing significantly more plastic compared to traditional recycling methods. Automedi's approach enables on-demand production without minimum order requirements, making it accessible to entrepreneurs and underserved communities. By facilitating efficient recycling and product creation, Automedi aims to address plastic pollution and promote equity while contributing to significant carbon reduction efforts.

Recyclus Group

Grant in 2023
Recyclus Group is a company dedicated to end-to-end recycling services for lithium-ion and lead-acid batteries, primarily serving the automotive, aviation, and heavy vehicle markets. By focusing on the efficient recycling of these batteries, Recyclus aims to facilitate the transition towards electrification and promote environmentally sustainable consumption. The company's efforts enable clients to repurpose batteries, thereby contributing to a more sustainable approach to battery management and reducing environmental impact.

Alora Baby

Grant in 2023
Alora’s mission is to drive a circular consumption revolution. Alora turns currently lose-lose scenarios - where both consumer and planet suffer - into win-wins, by developing high-quality, radically sustainable products. The company’s core value lies in developing, protecting and commercialising re-manufacturable products, and the processes that convert ‘used’ into ‘brand new’ - with over 90% less raw material required and major emissions reductions. Starting in the notoriously wasteful baby market, the Alora Bedside Crib is the world's most sustainable bedside crib - powered by a circular sale-and-buyback model - delivered and collected by us for re-manufacture.

Kelpi

Grant in 2023
Kelpi is a sustainable biotech startup and material innovation company that uses seaweed to bio-refine a biodegradable bioplastic coating for paper and card packaging. The coating provides a renewable alternative to fossil-fuel plastics used in packaging for food, beverages, cosmetics and personal care, and is designed to be recyclable, biodegradable and home-compostable in suitable environments. By enabling a thin seaweed-based biomaterial to coat paper and card, Kelpi aims to eliminate single-use plastics while delivering marine-safe packaging.

Veolia UK

Grant in 2022
Veolia UK is a prominent provider of environmental solutions, focusing on the management of water, waste, and energy. The company delivers a wide range of services, including water treatment, sustainable water management, wastewater reuse, waste sorting, and collection. Operating as part of a global group with a significant workforce, Veolia UK supports various sectors, including industrial, commercial, healthcare, and municipal organizations. Its commitment to sustainability aims to enhance resource access, preserve existing resources, and promote their replenishment. Veolia UK plays a vital role in contributing to the sustainable development of communities and industries throughout the region.

Recycl8

Grant in 2021
Recycl8 is a company focused on reducing carbon emissions in the construction industry by transforming incinerator bottom ash (IBA) into a low-carbon concrete solution. By collaborating with the waste-to-energy and construction sectors, Recycl8 aims to divert IBA from landfills and repurpose it in concrete manufacturing. This innovative process not only helps concrete producers lower their carbon footprints but also supports broader climate goals. Through its environmentally conscious approach, Recycl8 contributes to sustainable construction practices while addressing the challenges of waste management.

Big Atom

Grant in 2021
Big Atom is a recycling technology company focused on creating a circular economy for polymer materials and waste, particularly waste tyres. The company offers comprehensive recycling solutions that cater to the entire waste tyre supply chain, including local garages and tyre wholesalers. Big Atom collects used tyres and processes them by shredding and granulating, transforming them into rubber granules that can be repurposed as raw materials. This process not only helps industries convert waste into valuable resources but also contributes to environmental sustainability by reducing the impact of waste on the ecosystem.

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.

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.

Icaruus

Pre Seed Round in 2020
Icaruus is a company that specializes in the design and manufacturing of apparel for brands, designers, and businesses through local, on-demand production methods. It focuses on sustainable fashion, offering a range of clothing products including base layers, mid-layers, t-shirts, and technical wear. Icaruus is committed to advancing circular manufacturing and apparel data analytics in the UK, collaborating with various sustainable fashion partners to develop innovative software and hardware solutions for the apparel industry. The company's efforts contribute to the evolution of apparel recycling and promote sustainable innovation within the sector.

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.

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.
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