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The Venture Codex

Innovate UK

Polaris House, North Star Avenue, Swindon, Wiltshire, SN2 1FL, United Kingdom

Overview

Funding services to support science and technology innovations.

Deals · 12mo

54

Links

WebsiteLinkedInX (Twitter)

Stage focus

Grant
Seed

Geographic focus

United Kingdom

Sector focus

Finance
Financial Services
Government

Investment portfolio

217rounds
NAMEDATESIZE
iBoxit
Oct 2026Participated
$1 MOther Equity
52 North Health
Sep 2026Participated
$4 MOther Equity
SolarSub
Sep 2026Participated
$2 MSeed
Productive Machines
Sep 2026Participated
$3 MOther Equity
Dragonfly Advanced Materials
Sep 2026Led
$1 MSeed
Magnitude Biosciences
Sep 2026Participated
$2 MSeed
Dimension Biotechnologies
Sep 2026Participated
$0.95 MSeed
KVector
Sep 2026Participated
$5 MOther Equity
Strolll
Sep 2026Participated
$7 MDebt
Ki 13
Sep 2026Participated
$5 MSeed
Pure Capture Innovations
Sep 2026Participated
$0.72 MSeed
Versatile RobotX
Aug 2026Led
$1 MSeed
iBoxit
Oct 2026Participated
$1 MOther Equity
52 North Health
Sep 2026Participated
$4 MOther Equity
SolarSub
Sep 2026Participated
$2 MSeed
Productive Machines
Sep 2026Participated
$3 MOther Equity
Dragonfly Advanced Materials
Sep 2026Led
$1 MSeed
Magnitude Biosciences
Sep 2026Participated
$2 MSeed
Dimension Biotechnologies
Sep 2026Participated
$0.95 MSeed
KVector
Sep 2026Participated
$5 MOther Equity
Strolll
Sep 2026Participated
$7 MDebt
Ki 13
Sep 2026Participated
$5 MSeed
Pure Capture Innovations
Sep 2026Participated
$0.72 MSeed
Versatile RobotX
Aug 2026Led
$1 MSeed
217
Items
...
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Insights

Time horizon

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Deal Distribution

Innovate UK: 217 funding rounds are recorded in the selected participation categories.All available history.
Innovate UK: 217 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed1057
Series A113
Other Equity2353
Grant504
Debt42

Monthly Deal Activity

Innovate UK: 217 deals are recorded across 202 months.All available history.
Innovate UK: 217 deals are recorded across 202 months. All available history
MonthDeals
Jan '101
Feb '100
Mar '100
Apr '100
May '100
Jun '100
Jul '100
Aug '100
Sep '100
Oct '100
Nov '100
Dec '100
Jan '110
Feb '110
Mar '110
Apr '110
May '110
Jun '110
Jul '110
Aug '110
Sep '110
Oct '110
Nov '110
Dec '110
Jan '120
Feb '120
Mar '120
Apr '120
May '121
Jun '120
Jul '120
Aug '120
Sep '120
Oct '120
Nov '123
Dec '120
Jan '131
Feb '130
Mar '131
Apr '130
May '130
Jun '131
Jul '130
Aug '131
Sep '130
Oct '131
Nov '130
Dec '130
Jan '140
Feb '140
Mar '141
Apr '140
May '141
Jun '142
Jul '140
Aug '140
Sep '142
Oct '143
Nov '140
Dec '142
Jan '150
Feb '150
Mar '150
Apr '150
May '151
Jun '150
Jul '151
Aug '151
Sep '151
Oct '151
Nov '150
Dec '150
Jan '160
Feb '161
Mar '161
Apr '160
May '161
Jun '160
Jul '160
Aug '160
Sep '160
Oct '160
Nov '160
Dec '160
Jan '170
Feb '170
Mar '172
Apr '171
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '171
Dec '171
Jan '180
Feb '180
Mar '181
Apr '181
May '180
Jun '181
Jul '180
Aug '180
Sep '181
Oct '181
Nov '180
Dec '181
Jan '190
Feb '190
Mar '191
Apr '190
May '191
Jun '190
Jul '191
Aug '190
Sep '191
Oct '191
Nov '190
Dec '190
Jan '200
Feb '201
Mar '200
Apr '200
May '200
Jun '202
Jul '203
Aug '200
Sep '201
Oct '200
Nov '204
Dec '200
Jan '212
Feb '210
Mar '212
Apr '212
May '212
Jun '210
Jul '210
Aug '211
Sep '210
Oct '210
Nov '212
Dec '212
Jan '221
Feb '222
Mar '221
Apr '223
May '221
Jun '220
Jul '221
Aug '223
Sep '221
Oct '222
Nov '221
Dec '223
Jan '232
Feb '232
Mar '232
Apr '232
May '230
Jun '230
Jul '235
Aug '233
Sep '230
Oct '232
Nov '231
Dec '233
Jan '242
Feb '244
Mar '2411
Apr '242
May '246
Jun '243
Jul '241
Aug '244
Sep '242
Oct '243
Nov '244
Dec '243
Jan '251
Feb '251
Mar '252
Apr '250
May '250
Jun '252
Jul '251
Aug '250
Sep '251
Oct '250
Nov '258
Dec '253
Jan '262
Feb '262
Mar '261
Apr '264
May '265
Jun '269
Jul '266
Aug '263
Sep '2610
Oct '261

Sector Breakdown

Innovate UK: Health & Life Sciences is the largest displayed sector by deal count (93 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Innovate UK: Health & Life Sciences is the largest displayed sector by deal count (93 deals). All available history
SectorDeals
Health & Life Sciences93
Manufacturing39
Clean Energy & Sustainability38
Space & Frontier Tech36
AI & Machine Learning34
Hardware & Robotics21
Transportation & Logistics20
Networks, Cloud & Communication19
Professional Services19
Enterprise Software15
Consumer & Lifestyle13
Food & Agriculture12
Data, Analytics & IT11
Real Estate & Construction11
Marketing & Advertising8
Fintech8
E-Commerce & Retail6
Education & Workforce5
Cybersecurity & Privacy5
Developer Tools5
AR/VR4
Media & Entertainment4
Crypto & Blockchain2
Government & Defense1
Gaming & eSports1

Deal Size Distribution

Innovate UK: 217 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Innovate UK: 217 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M183
$5M-$10M20
$10M-$25M12
$25M-$50M0
$50M-$100M0
$100M-$250M2
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Innovate UK: Europe has the largest recorded deal count among the displayed regions (203 deals).All available history.

Top 7 of 7 regions; European countries are grouped as Europe.

Innovate UK: Europe has the largest recorded deal count among the displayed regions (203 deals). All available history
RegionDeals
Europe203
United States8
Israel2
Cb22 3at1
ViệT Nam1
Kenya1
146231
Innovate UK: 20 co-investors are shown, with Scottish Enterprise sharing 14 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Innovate UK: 20 co-investors are shown, with Scottish Enterprise sharing 14 recorded deals. All available history
Co-investorShared deals
Scottish Enterprise14
SFC Capital11
Northstar Ventures8
The FSE Group5
British Business Bank4
DSW Ventures4
Elbow Beach Capital4
Parkwalk Advisors4
QantX4
Advanced Propulsion Centre3
Aerospace Technology Institute3
Amadeus Capital Partners3
Archangels3
Bristol Private Equity Club3
British Design Fund3
Cambridge Enterprise3
Department for Business & Trade3
Department for Environment, Food and Rural Affairs3
Empirical Ventures3
Equity Gap3

Investment Strategy

Innovate UK: Led accounts for 41% and participating for 59% of round participation.All available history.
Innovate UK: Led accounts for 41% and participating for 59% of round participation. All available history
CategoryDeals (count)Share (%)
Led8841%
Participating12959%
Innovate UK: Single-lead accounts for 75% and co-led for 25% of lead dynamics.All available history.
Innovate UK: Single-lead accounts for 75% and co-led for 25% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead6675%
Co-led2225%

Team

Ben Masheder

Access to Funding and Finance Manager

CHRIS DANKS
Damien Jefferies
Dr. Tom Jenkins

Deputy Director

Martin Webb

KTP Stakeholder Manager

Matt Clifford

Council Member (non-exec director)

Matt Sansam

Head of Product Development

Ryan Davies
Scott James O'Brien
Tim Just

Head of Portfolio

Tom Adeyoola
Tom Fiddian

Head of AI & Data Economy Programmes

Will Drury

Executive Director, Digital and Technologies