
Biotech & Life SciencesHardware & SemiconductorsData & AnalyticsManufacturingPropTechRobotics & AutomationEnterprise SoftwareCybersecurityDeveloper Tools
Innovate UK's investment focus is on driving economic growth by supporting business-led innovation across all sectors, technologies, and UK regions, with a particular emphasis on net zero, healthy living and agriculture, and digital and technologies. Their strategy involves providing grants and innovation loans, often in partnership with private investors, to help businesses develop and commercialize new products, processes, and services, ultimately aiming for the UK to be a global innovation hub.
Their most common stage is seed (45% of deals). Average disclosed round size is $2.8M (across 11 rounds with reported amounts).
Portfolio
11
Fund Size
—
Top Stage
Seed
Last 12 Mo
3
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
11 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Seed | $3.5M | Mar 2026 | |
| AAnaphite | Series A | $1.6M | Dec 2025 |
| PPlanet Smart | Pre-Seed | $1M | Nov 2025 |
| NNew Wave Biotech | Seed | $1.2M | Dec 2024 |
| Seed | $5.3M | Nov 2024 | |
| BBendi | Pre-Seed | $960K | Oct 2024 |
| CChromacity | Unknown | $1.3M | Jul 2024 |
| Pre-Seed | $1.7M | Feb 2024 | |
| Seed | $1.1M | Dec 2022 | |
| OOutThink | Seed | $10M | Oct 2022 |
| Pre-Seed | $3.4M | — |
Top Co-Investors
TriplePoint Capital1 shared
Forward Partners1 shared
Y Combinator1 shared
World Fund1 shared
The Vertical Group1 shared
Speedinvest1 shared
another.vc1 shared
Martlet1 shared
Eos Advisory1 shared
Scottish Enterprise1 shared
EIT Food1 shared
Chasing Rainbows1 shared
Sparkfood1 shared
SOSV1 shared
Scrum Ventures1 shared
Index Ventures1 shared
Last updated: 16 April 2026