# Innovate UK's Biotech Investments: 88 Startups in Its Portfolio (2026) > The 88 Biotech startups Innovate UK has backed, by stage: $1.7B raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/innovate-uk-biotech-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Stage not reported 47 - [MISSION Therapeutics](https://millionrounds.com/company/mission-therapeutics) - [Constructive Bio](https://millionrounds.com/company/constructive-bio) - [*I* Ixaka](https://millionrounds.com/company/ixaka) - [DIOSynVax](https://millionrounds.com/company/diosynvax) - [Mestag Therapeutics](https://millionrounds.com/company/mestag-therapeutics) - [Autifony Therapeutics](https://millionrounds.com/company/autifony-therapeutics) - [National Biofilms Innovation Centre](https://millionrounds.com/company/national-biofilms-innovation-centre) - [SynaptixBio](https://millionrounds.com/company/synaptixbio) - [Autolomous](https://millionrounds.com/company/autolomous) - [Lunac Therapeutics](https://millionrounds.com/company/lunac-therapeutics) - [Jellagen](https://millionrounds.com/company/jellagen) - [Mykor](https://millionrounds.com/company/mykor) - [Sixfold Bioscience](https://millionrounds.com/company/sixfold-bioscience) - [Dxcover](https://millionrounds.com/company/dxcover) - [Kelpi](https://millionrounds.com/company/kelpi) - [BIOS](https://millionrounds.com/company/bios) - [Reacta Healthcare](https://millionrounds.com/company/reacta-healthcare) - [Thalia Therapeutics](https://millionrounds.com/company/thalia-therapeutics) - [Spirea](https://millionrounds.com/company/spirea) - [Stemnovate](https://millionrounds.com/company/stemnovate) - [Dyneval](https://millionrounds.com/company/dyneval) - [Aelius Biotech](https://millionrounds.com/company/aelius-biotech) - [Phast](https://millionrounds.com/company/phast) - [StimOxyGen](https://millionrounds.com/company/stimoxygen) +23 more ## Pre-seed and seed 27 - [Epitopea](https://millionrounds.com/company/epitopea) - [Oxford Genetics](https://millionrounds.com/company/oxford-genetics) - [Eleven Therapeutics](https://millionrounds.com/company/eleven-therapeutics) - [*OD* Orbit Discovery](https://millionrounds.com/company/orbit-discovery) - [Neobe Therapeutics](https://millionrounds.com/company/neobe-therapeutics) - [Emm](https://millionrounds.com/company/emm) - [Kynos Therapeutics](https://millionrounds.com/company/kynos-therapeutics) - [DJS Antibodies](https://millionrounds.com/company/djs-antibodies) - [SENISCA](https://millionrounds.com/company/senisca) - [Rinri Therapeutics](https://millionrounds.com/company/rinri-therapeutics) - [BoobyBiome](https://millionrounds.com/company/boobybiome) - [Antler Bio](https://millionrounds.com/company/antler-bio) - [Magnitude Biosciences](https://millionrounds.com/company/magnitude-biosciences) - [InvenireX](https://millionrounds.com/company/invenirex) - [Lentitek](https://millionrounds.com/company/lentitek) - [Mesenbio](https://millionrounds.com/company/mesenbio) - [ClotProtect Therapeutics](https://millionrounds.com/company/clotprotect-therapeutics) - [Cytochroma](https://millionrounds.com/company/cytochroma) - [Dia Beta Labs](https://millionrounds.com/company/dia-beta-labs) - [NK:IO](https://millionrounds.com/company/nk-io) - [BugBiome](https://millionrounds.com/company/bugbiome) - [Corryn Biotechnologies](https://millionrounds.com/company/corryn-biotechnologies) - [Cellexcel](https://millionrounds.com/company/cellexcel) - [Respiro Diagnostics](https://millionrounds.com/company/respiro-diagnostics) +3 more ## Series B 6 - [Freeline](https://millionrounds.com/company/freeline) - [Accurx](https://millionrounds.com/company/accurx) - [Evox Therapeutics](https://millionrounds.com/company/evox-therapeutics) - [Prokarium](https://millionrounds.com/company/prokarium) - [Pathios Therapeutics](https://millionrounds.com/company/pathios-therapeutics) - [Celtic Renewables](https://millionrounds.com/company/celtic-renewables) ## Series A 4 - [AstronauTx](https://millionrounds.com/company/astronautx) - [Theolytics](https://millionrounds.com/company/theolytics) - [Xampla](https://millionrounds.com/company/xampla) - [Oxford Endovascular](https://millionrounds.com/company/oxford-endovascular) ## Series C and later 4 - [STORM Therapeutics](https://millionrounds.com/company/storm-therapeutics) - [Lightpoint Medical](https://millionrounds.com/company/lightpoint-medical) - [Eagle Genomics](https://millionrounds.com/company/eagle-genomics) - [Metrion Biosciences](https://millionrounds.com/company/metrion-biosciences) ## Segment by segment ### Stage not reported 47 startups · $510M raised - [**MISSION Therapeutics**](https://millionrounds.com/company/mission-therapeutics) Mission Therapeutics is a clinical-stage biopharmaceutical company based in Cambridge, UK, focused on drug discovery and developme United Kingdom $113M - [**Constructive Bio**](https://millionrounds.com/company/constructive-bio) Constructive 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 - [*I* **Ixaka**](https://millionrounds.com/company/ixaka) Ixaka is a private cell and gene therapy company with a focus on the natural power of the body to cure disease. United Kingdom $54M - [**DIOSynVax**](https://millionrounds.com/company/diosynvax) DIOSynVax is a clinical-stage biotechnology company based in Cambridge, UK, focused on developing next-generation vaccines using a United Kingdom $44M - [**Mestag Therapeutics**](https://millionrounds.com/company/mestag-therapeutics) Mestag Therapeutics is a biotechnology company that develops new therapies for diseases using fibroblast technology. United Kingdom $42M - [**Autifony Therapeutics**](https://millionrounds.com/company/autifony-therapeutics) Autifony Therapeutics is a clinical-stage biotechnology company founded in 2011 as a spinout from GSK. United Kingdom $32M - [**National Biofilms Innovation Centre**](https://millionrounds.com/company/national-biofilms-innovation-centre) National Biofilms Innovation Centre is the central hub where academia, industry, government, and public policy come together. United Kingdom $28M - [**SynaptixBio**](https://millionrounds.com/company/synaptixbio) SynaptixBio is a biotechnology research company that develops lifesaving therapies for severe leukodystrophies. United Kingdom $18M ### Pre-seed and seed 27 startups · $200M raised - [**Epitopea**](https://millionrounds.com/company/epitopea) Epitopea is a cancer immunotherapeutics company founded in 2021, with headquarters in Montreal, Canada, and Cambridge, UK. United Kingdom $45M - [**Oxford Genetics**](https://millionrounds.com/company/oxford-genetics) Oxford Genetics is a biotechnology company producing versatile cloning plasmids for research. United Kingdom $34M - [**Eleven Therapeutics**](https://millionrounds.com/company/eleven-therapeutics) Eleven Therapeutics is a biotechnology company founded in 2020, specializing in next-generation RNA therapeutics. United Kingdom $22M - [*OD* **Orbit Discovery**](https://millionrounds.com/company/orbit-discovery) United Kingdom $17M - [**Neobe Therapeutics**](https://millionrounds.com/company/neobe-therapeutics) At Neobe Therapeutics we are engineering tumour-colonizing bacteria that will disrupt tumour micro environment barriers and enable United Kingdom $9.1M - [**Emm**](https://millionrounds.com/company/emm) Emm is a UK-based femtech company founded in 2020, focused on advancing menstrual health through innovative technology. United Kingdom $9.0M - [**Kynos Therapeutics**](https://millionrounds.com/company/kynos-therapeutics) Kynos Therapeutics develops KMO inhibitors across key indications in inflammation, immunity, and metabolism. United Kingdom $8.5M - [**DJS Antibodies**](https://millionrounds.com/company/djs-antibodies) DJS Antibodies designs and discovers novel therapeutic monoclonal antibodies against GPCRs. - $8.0M ### Series B 6 startups · $340M raised - [**Freeline**](https://millionrounds.com/company/freeline) Freeline Therapeutics specializes in CMC process development, analytics and AAV technologies. United Kingdom $142M - [**Accurx**](https://millionrounds.com/company/accurx) Accurx is a British health technology company that provides a communication platform connecting patients with healthcare professio United Kingdom $50M - [**Evox Therapeutics**](https://millionrounds.com/company/evox-therapeutics) Evox Therapeutics is a biotechnology company that harnesses and engineer the natural trafficking capabilities of extracellular vesicles. United Kingdom $48M - [**Prokarium**](https://millionrounds.com/company/prokarium) Prokarium is a clinical-stage biopharmaceutical company based in London, UK, focused on pioneering microbial immunotherapy for can United Kingdom $46M - [**Pathios Therapeutics**](https://millionrounds.com/company/pathios-therapeutics) Pathios Therapeutics is a clinical-stage biotechnology company based in Oxford, UK, founded in 2017. United Kingdom $34M - [**Celtic Renewables**](https://millionrounds.com/company/celtic-renewables) Celtic Renewables is a Scottish biotechnology company founded in 2012, based in Edinburgh. United Kingdom $20M ### Series A 4 startups · $215M raised - [**AstronauTx**](https://millionrounds.com/company/astronautx) AstronauTx Ltd. United Kingdom $124M - [**Theolytics**](https://millionrounds.com/company/theolytics) Theolytics is a clinical stage biotechnology company developing next-generation viral therapies. United Kingdom $48M - [**Xampla**](https://millionrounds.com/company/xampla) Xampla is a materials innovation company based in Cambridge, UK, founded in 2018 as a spin-out from the University of Cambridge. United Kingdom $23M - [**Oxford Endovascular**](https://millionrounds.com/company/oxford-endovascular) Oxford Endovascular are developing a novel treatment for treating brain aneurysms. United Kingdom $21M ### Series C and later 4 startups · $417M raised - [**STORM Therapeutics**](https://millionrounds.com/company/storm-therapeutics) Targeting pathways that modify RNA to deliver novel cancer therapeutics United Kingdom $317M - [**Lightpoint Medical**](https://millionrounds.com/company/lightpoint-medical) Lightpoint Medical, a medical device company, develops intra-operative imaging technology that can detect cancer during surgery. United Kingdom $61M - [**Eagle Genomics**](https://millionrounds.com/company/eagle-genomics) Eagle Genomics is a TechBio company based at the Wellcome Genome Campus in Cambridge, UK. United Kingdom $33M - [**Metrion Biosciences**](https://millionrounds.com/company/metrion-biosciences) Metrion 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. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Sector portfolio **Innovate UK's AI portfolio** 65 startups · $872M](https://millionrounds.com/portfolio-maps/innovate-uk-ai-portfolio)[Sector portfolio **Innovate UK's Healthtech portfolio** 57 startups · $287M](https://millionrounds.com/portfolio-maps/innovate-uk-healthtech-portfolio)[Sector portfolio **Innovate UK's Agtech portfolio** 34 startups · $107M](https://millionrounds.com/portfolio-maps/innovate-uk-agtech-portfolio)[Sector portfolio **Innovate UK's Big Data & Analytics portfolio** 17 startups · $118M](https://millionrounds.com/portfolio-maps/innovate-uk-big-data-analytics-portfolio)[Sector portfolio **Innovate UK's IT Services portfolio** 17 startups · $152M](https://millionrounds.com/portfolio-maps/innovate-uk-it-services-portfolio)[Sector portfolio **Innovate UK's Cleantech portfolio** 14 startups · $72M](https://millionrounds.com/portfolio-maps/innovate-uk-cleantech-portfolio) ## Raising from investors like Innovate UK? 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