# Who Invests With Innovate UK: 146 Co-Investors (2026) > The 146 investors that have backed two or more of the same startups as Innovate UK, by kind: vc firms, accelerators and government funds. Source: https://millionrounds.com/portfolio-maps/innovate-uk-co-investors (Millionrounds; every figure on the page links to its filing or article) ## VC firms 103 - [Parkwalk](https://millionrounds.com/fund/parkwalk) - [Crowdcube](https://millionrounds.com/fund/crowdcube) - [Future Planet Capital](https://millionrounds.com/fund/future-planet-capital) - [Northstar Ventures](https://millionrounds.com/fund/northstar-ventures) - [*UR* UK Research and Innovation](https://millionrounds.com/fund/uk-research-and-innovation) - [SyndicateRoom](https://millionrounds.com/fund/syndicateroom) - [Mercia Asset Management](https://millionrounds.com/fund/mercia-ventures) - [IP Group](https://millionrounds.com/fund/ip-group) - [Oxford Science Enterprises](https://millionrounds.com/fund/oxford-science-enterprises) - [The FSE Group](https://millionrounds.com/fund/the-fse-group) - [Mercia Tech](https://millionrounds.com/fund/mercia-tech) - [Techstars](https://millionrounds.com/fund/techstars) - [*TS* Technology Strategy Board](https://millionrounds.com/fund/technology-strategy-board) - [Sustainable Ventures](https://millionrounds.com/fund/sustainable-ventures) - [N1](https://millionrounds.com/fund/n1) - [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) - [*EC* European Commission](https://millionrounds.com/fund/european-commission) - [SOSV](https://millionrounds.com/fund/sosv) - [British Design Fund](https://millionrounds.com/fund/british-design-fund) - [Amadeus Capital Partners](https://millionrounds.com/fund/amadeus-capital-partners) - [ACF Investors](https://millionrounds.com/fund/acf-investors) - [Seedrs](https://millionrounds.com/fund/seedrs) - [LocalGlobe](https://millionrounds.com/fund/localglobe) - [Ascension](https://millionrounds.com/fund/ascension) +79 more ## Accelerators 11 - [MassChallenge](https://millionrounds.com/fund/masschallenge) - [Google for Startups](https://millionrounds.com/fund/google-for-startups) - [Plug and Play](https://millionrounds.com/fund/plug-and-play) - [Y Combinator](https://millionrounds.com/fund/y-combinator) - [Carbon13](https://millionrounds.com/fund/carbon13) - [Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) - [EIT Food RisingFoodstars](https://millionrounds.com/fund/eit-food-risingfoo) - [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) - [Founders Factory](https://millionrounds.com/fund/founder-s-factory) - [SVG Ventures](https://millionrounds.com/fund/svg-ventures) - [Google](https://millionrounds.com/fund/google-assistant-investments) ## Government funds 10 - [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) - [Development Bank of Wales](https://millionrounds.com/fund/development-bank-of-wales) - [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) - [SBRI Healthcare](https://millionrounds.com/fund/sbri-healthcare) - [Advanced Propulsion Centre UK](https://millionrounds.com/fund/advanced-propulsion-centre-uk) - [UK government](https://millionrounds.com/fund/uk-government) - [EASME - EU Executive Agency for SMEs](https://millionrounds.com/fund/easme-eu-executi) - [European Union](https://millionrounds.com/fund/european-union) - [Innosuisse](https://millionrounds.com/fund/innosuisse) - [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) ## Corporate investors 8 - [British Business Bank](https://millionrounds.com/fund/national-security-strategic-investment-fund) - [Wayra](https://millionrounds.com/fund/wayra) - [Google Ventures](https://millionrounds.com/fund/gv) - [Pfizer](https://millionrounds.com/fund/pfizer) - [M Ventures](https://millionrounds.com/fund/m-ventures) - [Aramco Ventures](https://millionrounds.com/fund/aramco-ventures) - [*BI* Boehringer Ingelheim Venture Fund](https://millionrounds.com/fund/boehringer-ingelheim-venture-fund) - [Meta](https://millionrounds.com/fund/meta) ## Angels and networks 6 - [SFC Capital](https://millionrounds.com/fund/sfc-capital) - [Green Angel Ventures](https://millionrounds.com/fund/green-angel-ventures) - [Cambridge Angels](https://millionrounds.com/fund/cambridge-angels) - [24 Haymarket](https://millionrounds.com/fund/24haymarket) - [*EL* Edward Lando](https://millionrounds.com/fund/edward-lando) - [*5G* 500 Global](https://millionrounds.com/fund/500-startups) ## Private equity and asset managers 5 - [Business Growth Fund](https://millionrounds.com/fund/bgf) - [Maven Capital Partners](https://millionrounds.com/fund/maven-capital-partners) - [Foresight Group](https://millionrounds.com/fund/foresight-group) - [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) - [Beringea](https://millionrounds.com/fund/beringea) ## Growth funds 3 - [Catalyst Fund](https://millionrounds.com/fund/catalyst-fund-2) - [UTokyo Innovation Platform](https://millionrounds.com/fund/utokyo-innovation-platform) - [Gresham House Ventures](https://millionrounds.com/fund/gresham-house-ventures) ## Segment by segment ### VC firms 103 investors - [**Parkwalk**](https://millionrounds.com/fund/parkwalk) VC firm United Kingdom 21 backed - [**Crowdcube**](https://millionrounds.com/fund/crowdcube) VC firm United Kingdom 17 backed - [**Future Planet Capital**](https://millionrounds.com/fund/future-planet-capital) VC firm United Kingdom 14 backed - [**Northstar Ventures**](https://millionrounds.com/fund/northstar-ventures) VC firm United Kingdom 12 backed - [*UR* **UK Research and Innovation**](https://millionrounds.com/fund/uk-research-and-innovation) VC firm - 12 backed - [**SyndicateRoom**](https://millionrounds.com/fund/syndicateroom) VC firm United Kingdom 12 backed - [**Mercia Asset Management**](https://millionrounds.com/fund/mercia-ventures) VC firm United Kingdom 11 backed - [**IP Group**](https://millionrounds.com/fund/ip-group) VC firm United Kingdom 11 backed ### Accelerators 11 investors - [**MassChallenge**](https://millionrounds.com/fund/masschallenge) Accelerator United States 11 backed - [**Google for Startups**](https://millionrounds.com/fund/google-for-startups) Accelerator United States 10 backed - [**Plug and Play**](https://millionrounds.com/fund/plug-and-play) Accelerator United States 8 backed - [**Y Combinator**](https://millionrounds.com/fund/y-combinator) Accelerator United States 8 backed - [**Carbon13**](https://millionrounds.com/fund/carbon13) Accelerator United Kingdom 7 backed - [**Entrepreneur First**](https://millionrounds.com/fund/entrepreneurs-first) Accelerator United Kingdom 6 backed - [**EIT Food RisingFoodstars**](https://millionrounds.com/fund/eit-food-risingfoo) Accelerator Belgium 6 backed - [**Creative Destruction Lab**](https://millionrounds.com/fund/creative-destruction-lab) Accelerator Canada 5 backed ### Government funds 10 investors - [**Scottish Enterprise**](https://millionrounds.com/fund/scottish-enterprise) Government fund United Kingdom 21 backed - [**Development Bank of Wales**](https://millionrounds.com/fund/development-bank-of-wales) Government fund United Kingdom 10 backed - [**EIC Accelerator**](https://millionrounds.com/fund/eic-accelerator) Government fund European Union 10 backed - [**SBRI Healthcare**](https://millionrounds.com/fund/sbri-healthcare) Government fund United Kingdom 8 backed - [**Advanced Propulsion Centre UK**](https://millionrounds.com/fund/advanced-propulsion-centre-uk) Government fund United Kingdom 7 backed - [**UK government**](https://millionrounds.com/fund/uk-government) Government fund - 7 backed - [**EASME - EU Executive Agency for SMEs**](https://millionrounds.com/fund/easme-eu-executi) Government fund Belgium 4 backed - [**European Union**](https://millionrounds.com/fund/european-union) Government fund United Kingdom 4 backed ### Corporate investors 8 investors - [**British Business Bank**](https://millionrounds.com/fund/national-security-strategic-investment-fund) Corporate investor United Kingdom 8 backed - [**Wayra**](https://millionrounds.com/fund/wayra) Corporate investor Germany 3 backed - [**Google Ventures**](https://millionrounds.com/fund/gv) Corporate investor United States 3 backed - [**Pfizer**](https://millionrounds.com/fund/pfizer) Corporate investor United States 3 backed - [**M Ventures**](https://millionrounds.com/fund/m-ventures) Corporate investor Switzerland 2 backed - [**Aramco Ventures**](https://millionrounds.com/fund/aramco-ventures) Corporate investor Saudi Arabia 2 backed - [*BI* **Boehringer Ingelheim Venture Fund**](https://millionrounds.com/fund/boehringer-ingelheim-venture-fund) Corporate investor Germany 2 backed - [**Meta**](https://millionrounds.com/fund/meta) Corporate investor United States 2 backed ### Angels and networks 6 investors - [**SFC Capital**](https://millionrounds.com/fund/sfc-capital) Angel network United Kingdom 41 backed - [**Green Angel Ventures**](https://millionrounds.com/fund/green-angel-ventures) Angel network United Kingdom 9 backed - [**Cambridge Angels**](https://millionrounds.com/fund/cambridge-angels) Angel network United Kingdom 6 backed - [**24 Haymarket**](https://millionrounds.com/fund/24haymarket) Angel network United Kingdom 3 backed - [*EL* **Edward Lando**](https://millionrounds.com/fund/edward-lando) Angel investor United States 2 backed - [*5G* **500 Global**](https://millionrounds.com/fund/500-startups) Angel investor United States 2 backed ### Private equity and asset managers 5 investors - [**Business Growth Fund**](https://millionrounds.com/fund/bgf) Private equity United Kingdom 8 backed - [**Maven Capital Partners**](https://millionrounds.com/fund/maven-capital-partners) Private equity United Kingdom 7 backed - [**Foresight Group**](https://millionrounds.com/fund/foresight-group) Private equity United Kingdom 6 backed - [**Morgan Stanley Investment Management**](https://millionrounds.com/fund/morgan-stanley-investment-management) Private equity United States 2 backed - [**Beringea**](https://millionrounds.com/fund/beringea) Private equity United States 2 backed ### Growth funds 3 investors - [**Catalyst Fund**](https://millionrounds.com/fund/catalyst-fund-2) Growth fund United States 2 backed - [**UTokyo Innovation Platform**](https://millionrounds.com/fund/utokyo-innovation-platform) Growth fund Japan 2 backed - [**Gresham House Ventures**](https://millionrounds.com/fund/gresham-house-ventures) Growth fund United Kingdom 2 backed **How this map is made.** Every investor here has backed two or more of the same startups as Innovate UK, in rounds we track. Grouped by kind, each ranked by how many startups it shares with Innovate UK. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Portfolio map **Innovate UK portfolio map** 357 startups · $4.7B](https://millionrounds.com/portfolio-maps/innovate-uk-portfolio-map)[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) ## Raising from investors like Innovate UK? 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