Sector portfolio · VC firm · United Kingdom

Innovate UK's Biotech portfolio

Innovate UK has backed 88 Biotech startups in rounds we track, $1.7B between them, shown by the stage each has reached. The best-funded is Storm Therapeutics.

88startups backed
5stages
$1.7Braised between them
Stage not reportedbiggest stage

Innovate UK's whole portfolioInnovate UK's profile

Stage not reported

47

+23 more

Pre-seed and seed

27

+3 more

Series B

6

Series A

4

Series C and later

4

Segment by segment

Stage not reported

47 startups · $510M raised

  1. MISSION TherapeuticsMission Therapeutics is a clinical-stage biopharmaceutical company based in Cambridge, UK, focused on drug discovery and developmeUnited Kingdom$113M
  2. Constructive BioConstructive Bio is a biotechnology company based in Cambridge, UK, founded in 2021 as a spin-out from Professor Jason Chin’s laboratory.United Kingdom$73M
  3. IIxakaIxaka is a private cell and gene therapy company with a focus on the natural power of the body to cure disease.United Kingdom$54M
  4. DIOSynVaxDIOSynVax is a clinical-stage biotechnology company based in Cambridge, UK, focused on developing next-generation vaccines using aUnited Kingdom$44M
  5. Mestag TherapeuticsMestag Therapeutics is a biotechnology company that develops new therapies for diseases using fibroblast technology.United Kingdom$42M
  6. Autifony TherapeuticsAutifony Therapeutics is a clinical-stage biotechnology company founded in 2011 as a spinout from GSK.United Kingdom$32M
  7. National Biofilms Innovation CentreNational Biofilms Innovation Centre is the central hub where academia, industry, government, and public policy come together.United Kingdom$28M
  8. SynaptixBioSynaptixBio is a biotechnology research company that develops lifesaving therapies for severe leukodystrophies.United Kingdom$18M

Pre-seed and seed

27 startups · $200M raised

  1. EpitopeaEpitopea is a cancer immunotherapeutics company founded in 2021, with headquarters in Montreal, Canada, and Cambridge, UK.United Kingdom$45M
  2. Oxford GeneticsOxford Genetics is a biotechnology company producing versatile cloning plasmids for research.United Kingdom$34M
  3. Eleven TherapeuticsEleven Therapeutics is a biotechnology company founded in 2020, specializing in next-generation RNA therapeutics.United Kingdom$22M
  4. ODOrbit DiscoveryUnited Kingdom$17M
  5. Neobe TherapeuticsAt Neobe Therapeutics we are engineering tumour-colonizing bacteria that will disrupt tumour micro environment barriers and enableUnited Kingdom$9.1M
  6. EmmEmm is a UK-based femtech company founded in 2020, focused on advancing menstrual health through innovative technology.United Kingdom$9.0M
  7. Kynos TherapeuticsKynos Therapeutics develops KMO inhibitors across key indications in inflammation, immunity, and metabolism.United Kingdom$8.5M
  8. DJS AntibodiesDJS Antibodies designs and discovers novel therapeutic monoclonal antibodies against GPCRs.-$8.0M

Series B

6 startups · $340M raised

  1. FreelineFreeline Therapeutics specializes in CMC process development, analytics and AAV technologies.United Kingdom$142M
  2. AccurxAccurx is a British health technology company that provides a communication platform connecting patients with healthcare professioUnited Kingdom$50M
  3. Evox TherapeuticsEvox Therapeutics is a biotechnology company that harnesses and engineer the natural trafficking capabilities of extracellular vesicles.United Kingdom$48M
  4. ProkariumProkarium is a clinical-stage biopharmaceutical company based in London, UK, focused on pioneering microbial immunotherapy for canUnited Kingdom$46M
  5. Pathios TherapeuticsPathios Therapeutics is a clinical-stage biotechnology company based in Oxford, UK, founded in 2017.United Kingdom$34M
  6. Celtic RenewablesCeltic Renewables is a Scottish biotechnology company founded in 2012, based in Edinburgh.United Kingdom$20M

Series A

4 startups · $215M raised

  1. AstronauTxAstronauTx Ltd.United Kingdom$124M
  2. TheolyticsTheolytics is a clinical stage biotechnology company developing next-generation viral therapies.United Kingdom$48M
  3. XamplaXampla is a materials innovation company based in Cambridge, UK, founded in 2018 as a spin-out from the University of Cambridge.United Kingdom$23M
  4. Oxford EndovascularOxford Endovascular are developing a novel treatment for treating brain aneurysms.United Kingdom$21M

Series C and later

4 startups · $417M raised

  1. STORM TherapeuticsTargeting pathways that modify RNA to deliver novel cancer therapeuticsUnited Kingdom$317M
  2. Lightpoint MedicalLightpoint Medical, a medical device company, develops intra-operative imaging technology that can detect cancer during surgery.United Kingdom$61M
  3. Eagle GenomicsEagle Genomics is a TechBio company based at the Wellcome Genome Campus in Cambridge, UK.United Kingdom$33M
  4. Metrion BiosciencesMetrion Biosciences is a preclinical drug discovery contract research organization (CRO) based in Cambridge, UK.United Kingdom$4.7M

How this map is made. Every startup here works in Biotech and has raised money in a round we track that names Innovate UK as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026.

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