Investment in the UK Innovation & Science Seed Fund (UKI2S), a driving force in supporting early-stage innovation and high-impact businesses, now totals £102m.
This follows further investment into its patient capital fund by UK Research and Innovation (UKRI) and the Ministry of Defence (MOD).
Continued investment in UKI2S, which is managed by impact-led venture capital firm Future Planet Capital, reflects its excellent track record of nurturing ground-breaking businesses and fostering sustainable growth across the UK.
Companies supported by UKI2S have continued to grow by garnering additional funding from other public and private sector investors, enabling them to create impact and solve real-world challenges.