# Innovate UK's Chemicals & Materials Investments: 11 Startups in Its Portfolio (2026)

> The 11 Chemicals & Materials startups Innovate UK has backed, by stage: $400M raised between them. From the rounds we track; updated nightly.

Source: https://millionrounds.com/portfolio-maps/innovate-uk-chemicals-materials-portfolio (Millionrounds; every figure on the page links to its filing or article)

## Stage not reported

7

- [Metalchemy](https://millionrounds.com/company/metalchemy)
- [*IM* IRRESISTIBLE MATERIALS](https://millionrounds.com/company/irresistible-materials)
- [OCEANIUM](https://millionrounds.com/company/oceanium)
- [Chromatwist](https://millionrounds.com/company/chromatwist)
- [Integrals Power](https://millionrounds.com/company/integrals-power)
- [Cella Energy](https://millionrounds.com/company/cella-energy)
- [New Wave Biotech](https://millionrounds.com/company/new-wave-biotech)

## Pre-seed and seed

4

- [Nanomox](https://millionrounds.com/company/nanomox)
- [Dragonfly Advanced Materials](https://millionrounds.com/company/dragonfly-advanced-materials)
- [Planet Smart](https://millionrounds.com/company/planet-smart)
- [Dyman Advanced Materials](https://millionrounds.com/company/dyman-advanced-materials)

## Segment by segment

### Stage not reported

7 startups · $392M raised

- [**Metalchemy**](https://millionrounds.com/company/metalchemy) Metalchemy is a UK-based nanotechnology startup and chemical manufacturer focused on producing sustainable colloidal metals, inclu United Kingdom $331M
- [*IM* **IRRESISTIBLE MATERIALS**](https://millionrounds.com/company/irresistible-materials) Birmingham Research Park, Vincent Drive, Birmingham, B15 2SQ, United Kingdom. United Kingdom $36M
- [**OCEANIUM**](https://millionrounds.com/company/oceanium) Oceanium develops innovative, all-natural food and nutraceutical products and sustainable materials from sustainably-sourced seaweed. United Kingdom $19M
- [**Chromatwist**](https://millionrounds.com/company/chromatwist) ChromaTwist Ltd is a UK-based company that specializes in the manufacture of dyes and pigments. United Kingdom $2.3M
- [**Integrals Power**](https://millionrounds.com/company/integrals-power) Integrals Power is a battery nanomaterial company. United Kingdom $2.2M
- [**Cella Energy**](https://millionrounds.com/company/cella-energy) Cella Energy is an advanced materials and technologies company with first-mover advantage in hydrogen storage technology. United Kingdom $1.7M
- [**New Wave Biotech**](https://millionrounds.com/company/new-wave-biotech) New Wave Biotech is a biotechnology software company based in Manchester, United Kingdom, founded in 2022. United Kingdom $164K

### Pre-seed and seed

4 startups · $8.0M raised

- [**Nanomox**](https://millionrounds.com/company/nanomox) Nanomox is a London-based sustainable chemistry startup founded in 2020. United Kingdom $4.2M
- [**Dragonfly Advanced Materials**](https://millionrounds.com/company/dragonfly-advanced-materials) Dragonfly Advanced Materials is a UK-based company specializing in advanced materials, particularly as the sole producer of silica United Kingdom $2.0M
- [**Planet Smart**](https://millionrounds.com/company/planet-smart) Planet Smart produces compostable, bio-based superabsorbent polymers for sustainable hygiene products, agriculture and mining waste. United Kingdom $1.0M
- [**Dyman Advanced Materials**](https://millionrounds.com/company/dyman-advanced-materials) Dyman Advanced Materials is a synthetic diamond producer. United Kingdom $882K

**How this map is made.** Every startup here works in Chemicals & Materials 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 Biotech portfolio** 88 startups · $1.7B](https://millionrounds.com/portfolio-maps/innovate-uk-biotech-portfolio)[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 IT Services portfolio** 17 startups · $152M](https://millionrounds.com/portfolio-maps/innovate-uk-it-services-portfolio)[Sector portfolio **Innovate UK's Big Data & Analytics portfolio** 17 startups · $118M](https://millionrounds.com/portfolio-maps/innovate-uk-big-data-analytics-portfolio)

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