Sector portfolio · VC firm · United Kingdom

Innovate UK's Energy portfolio

Innovate UK has backed 11 Energy startups in rounds we track, $61M between them, shown by the stage each has reached. The best-funded is Anaphite.

11startups backed
3stages
$61Mraised between them
Stage not reportedbiggest stage

Innovate UK's whole portfolioInnovate UK's profile

Segment by segment

Stage not reported

7 startups · $35M raised

  1. Connected EnergyConnected Energy is a UK-based leader in second-life electric vehicle (EV) battery energy storage systems, founded in 2010.United Kingdom$18M
  2. HIHyperdrive InnovationHyperdrive Innovation develops innovative technologies to power electric vehicles, homes and businesses.United Kingdom$8.6M
  3. Mocean EnergyMocean Energy develops new technologies that can harness the power of waves and accelerate the transition to a zero-carbon world.United Kingdom$4.6M
  4. Cambridge Photon TechnologyCambridge Photon Technology (CPT) is a deep-tech startup founded in 2019, emerging from the University of Cambridge.United Kingdom$1.2M
  5. Pipeline OrganicsPipeline Organics is a cleantech startup based in Nottingham, UK, founded in 2021.United Kingdom$1.0M
  6. enee.ioenee.io is a UK-founded energy technology company focused on Nigeria, providing low-cost hardware and software solutions for energy systems.United Kingdom$840K
  7. Recyclus GroupRecyclus Group is focusing on the delivery of national end-to-end recycling of Li-ion and lead-acid batteries.United Kingdom$151K

Pre-seed and seed

2 startups · $1.8M raised

  1. SolarSubSolarSub is an environmental firm that offers floating solar cooling system.United Kingdom$1.8M
  2. Ovon HomeWe create stylish home automation, IoT devices that save energy and improve comfort.United Kingdom$45K

Series A

2 startups · $25M raised

  1. AnaphiteAnaphite is a technology company based in Bristol, specializing in solvent-free, dry coating precursor (DCP®) powders for lithium-United Kingdom$24M
  2. GridDuckGridDuck is a UK-based technology company founded in 2015 and headquartered in London.United Kingdom$632K

How this map is made. Every startup here works in Energy 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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