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 Simulation

Monumo

Grant in 2024
Monumo is a deeptech engineering company specializing in the creation of advanced electric motors. It leverages simulation, machine learning, AI, and motor design technology to develop next-generation EV motor systems that surpass human capabilities.

Physiomics

Grant in 2023
Physiomics Plc is a consulting firm based in Oxford, United Kingdom, specializing in services for pharmaceutical companies in the realms of quantitative pharmacology and computational biology. Established in 2001, the company utilizes its proprietary Virtual Tumour predictive software to offer modeling, simulation, and data analysis services, primarily focused on oncology research and development. By combining systems biology with advanced mathematical techniques, Physiomics aims to optimize dosing and scheduling of oncology drugs during pre-clinical and clinical trials, enhancing the efficacy of drug combinations and streamlining the overall drug development process. The company's operations extend across the United Kingdom, the European Union, Switzerland, and the United States, with a commitment to advancing personalized medicine through innovative technology.

Productive Machines

Grant in 2023
Productive Machines enhances metal cutting efficiency by employing digital twins of machining processes. This enables rapid simulation of millions of parameters, improving CAM and G-code for increased productivity and part quality.

AutoNeura

Grant in 2022
AutoNeura specializes in intelligent control software for vehicle propulsion system testing. It serves manufacturers, institutions, and powertrain test providers, aiming to reduce development costs while improving efficiency.

FinCrime Dynamics

Grant in 2020
FinCrime Dynamics specializes in enhancing financial system safety through rapid AI deployment for financial crime analytics. They create enriched synthetic data to simulate fraud and money laundering scenarios, helping businesses benchmark their financial crime analytics capabilities.

Marion Surgical

Seed Round in 2020
Founded in 2016, Marion Surgical develops and manufactures virtual reality surgical simulators. Their products include K181 PCNL and Kidney Access Array for percutaneous access procedures, and PTE Simulator for pulmonary thrombo-endarterectomy surgery. These stimulators enable surgeons to learn, collaborate, practice, and share procedures in a realistic, safe, cloud-hosted environment.

Sensat

Grant in 2018
Sensat, established in 2015 and headquartered in London, specializes in cloud-based 3D virtual engineering solutions. The company operates a platform called Mapp, which uses mapping drones to generate precise survey data, enabling infrastructure owners and operators to visualize and manage projects in 2D, 3D, and 4D. This allows for optimized pre-construction planning, design, and bidding, as well as real-time tracking of project performance, facilitating data-driven decision-making without the need for on-site visits.

Inovus Medical

Grant in 2018
Inovus Medical is a company that specializes in designing and manufacturing medical simulation products, primarily aimed at enhancing surgical training. Founded in 2012 and based in Saint Helens, United Kingdom, Inovus produces a range of simulators, including take-home and institutional laparoscopic simulators, which facilitate the training of surgical trainees and residents. Their products cover essential procedures such as laparoscopic appendectomy and cholecystectomy, as well as training tools for critical care and general medicine. By providing accessible and versatile healthcare training equipment, Inovus Medical aims to improve surgical skills and, consequently, the quality of patient care. The company serves its customers through online platforms, making its training solutions widely available.

Physiomics

Grant in 2018
Physiomics Plc is a consulting firm based in Oxford, United Kingdom, specializing in services for pharmaceutical companies in the realms of quantitative pharmacology and computational biology. Established in 2001, the company utilizes its proprietary Virtual Tumour predictive software to offer modeling, simulation, and data analysis services, primarily focused on oncology research and development. By combining systems biology with advanced mathematical techniques, Physiomics aims to optimize dosing and scheduling of oncology drugs during pre-clinical and clinical trials, enhancing the efficacy of drug combinations and streamlining the overall drug development process. The company's operations extend across the United Kingdom, the European Union, Switzerland, and the United States, with a commitment to advancing personalized medicine through innovative technology.

MedaPhor

Grant in 2017
MedaPhor Limited is an e-learning company based in Cardiff, United Kingdom, that specializes in creating training products for postgraduate medical professionals. The company focuses on enhancing ultrasound examination techniques through its innovative simulation technology solutions. MedaPhor's offerings include Blue Phantom, which provides ultrasound phantoms for hands-on simulation training in gynaecology and obstetrics, and True Anatomy, an endovaginal training model designed for ultrasound simulation. Additionally, MedaPhor develops models for intrauterine pregnancy, ectopic pregnancy, and general pathology, contributing to the advancement of medical education and training. Established in 2004, MedaPhor aims to improve the skills and knowledge of healthcare practitioners through its comprehensive training solutions.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.