# Innovate UK's Energy Investments: 11 Startups in Its Portfolio (2026) > The 11 Energy startups Innovate UK has backed, by stage: $61M raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/innovate-uk-energy-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Stage not reported 7 - [Connected Energy](https://millionrounds.com/company/connected-energy) - [*HI* Hyperdrive Innovation](https://millionrounds.com/company/hyperdrive-innovation) - [Mocean Energy](https://millionrounds.com/company/mocean-energy) - [Cambridge Photon Technology](https://millionrounds.com/company/cambridge-photon-technology) - [Pipeline Organics](https://millionrounds.com/company/pipeline-organics) - [enee.io](https://millionrounds.com/company/enee-io) - [Recyclus Group](https://millionrounds.com/company/recyclus-group) ## Pre-seed and seed 2 - [SolarSub](https://millionrounds.com/company/solarsub) - [Ovon Home](https://millionrounds.com/company/ovon-home) ## Series A 2 - [Anaphite](https://millionrounds.com/company/anaphite) - [GridDuck](https://millionrounds.com/company/gridduck) ## Segment by segment ### Stage not reported 7 startups · $35M raised - [**Connected Energy**](https://millionrounds.com/company/connected-energy) Connected Energy is a UK-based leader in second-life electric vehicle (EV) battery energy storage systems, founded in 2010. United Kingdom $18M - [*HI* **Hyperdrive Innovation**](https://millionrounds.com/company/hyperdrive-innovation) Hyperdrive Innovation develops innovative technologies to power electric vehicles, homes and businesses. United Kingdom $8.6M - [**Mocean Energy**](https://millionrounds.com/company/mocean-energy) Mocean Energy develops new technologies that can harness the power of waves and accelerate the transition to a zero-carbon world. United Kingdom $4.6M - [**Cambridge Photon Technology**](https://millionrounds.com/company/cambridge-photon-technology) Cambridge Photon Technology (CPT) is a deep-tech startup founded in 2019, emerging from the University of Cambridge. United Kingdom $1.2M - [**Pipeline Organics**](https://millionrounds.com/company/pipeline-organics) Pipeline Organics is a cleantech startup based in Nottingham, UK, founded in 2021. United Kingdom $1.0M - [**enee.io**](https://millionrounds.com/company/enee-io) enee.io is a UK-founded energy technology company focused on Nigeria, providing low-cost hardware and software solutions for energy systems. United Kingdom $840K - [**Recyclus Group**](https://millionrounds.com/company/recyclus-group) Recyclus 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 - [**SolarSub**](https://millionrounds.com/company/solarsub) SolarSub is an environmental firm that offers floating solar cooling system. United Kingdom $1.8M - [**Ovon Home**](https://millionrounds.com/company/ovon-home) We create stylish home automation, IoT devices that save energy and improve comfort. United Kingdom $45K ### Series A 2 startups · $25M raised - [**Anaphite**](https://millionrounds.com/company/anaphite) Anaphite is a technology company based in Bristol, specializing in solvent-free, dry coating precursor (DCP®) powders for lithium- United Kingdom $24M - [**GridDuck**](https://millionrounds.com/company/gridduck) GridDuck 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. ## 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) ## Raising from investors like Innovate UK? 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