UK Innovation and Science Seed Fund
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Investment Portfolio
Ascension secures £1.7m in funding from UKI2S and Innovate UK to tap geothermal critical mineral reserves
Ascension develops technology to recover critical minerals from underground geothermal systems. It enables extraction from volcanic rock deposits without surface mining, reducing environmental impact and reliance on concentrated supply chains.
Ternary Therapeutics raises a £3.6m seed round led by daphni to engineer molecular glue medicines
Ternary Therapeutics develops computational and laboratory tools to design molecular glue medicines. Its platform predicts how proteins interact and suggests molecules that can bring them together, helping researchers target disease-driving proteins previously considered undruggable.
Spotlight Pathology lands a £1.4m seed round led by UK Innovation and Science Seed Fund to help in the diagnosis of blood cancers with AI-powered tools
Spotlight Pathology develops software that analyses digital pathology images to help clinicians diagnose blood cancers more quickly and consistently. The technology supports pathologists by prioritising cases and integrating into existing clinical workflows.
Cytotrait secures a £3m seed round led by Northern Gritstone to develop novel genetic traits for crops
Cytotrait develops genetic engineering technology designed to introduce new traits into crops. Its platform targets chloroplasts and mitochondria to enable localised, high-level gene expression for crop improvement.
HotHouse Therapeutics emerges from stealth with £3m pre-seed led by SynBioVen to develop plant-based drug compounds
HotHouse Therapeutics develops plant-based methods for producing pharmaceutical compounds, using AI and bioengineering to create scalable alternatives to scarce natural ingredients in drug and vaccine supply chains.
Astut lands £1.6m seed round led by East X Ventures and Sure Valley Ventures to commercialise AI for crisis decision-making
Astut develops reasoning-based AI systems for high-stakes decisions, designed for situations where there is little historical data to learn from.
Messium raises £3.3m seed round led by UKI2S and Expansion Aerospace to tackle nitrogen efficiency in farming
Messium uses hyperspectral satellite imagery and AI models to help farmers optimise fertiliser use, improving yields while cutting waste, costs and environmental impact.
Spaceflux raises £5.4m seed round led by UKI2S, Foresight and Blackfinch to scale global satellite tracking network
Spaceflux operates a global optical sensor network that tracks satellites and debris, providing continuous space situational awareness data to support collision avoidance and asset protection.
Q5D raises £10m Series A led by Lockheed Martin Ventures to automate product electrification with robotic wiring cells
Q5D develops robotic manufacturing cells that embed wiring directly into products, automating electrification and reducing the cost, weight and supply chain complexity of wiring in industrial manufacturing.
Sention raises £3.7m seed round led by Twin Path Ventures to commercialise AI-powered battery diagnostics
Sention develops contactless battery diagnostics using ultrasonic scanning and AI software to analyse internal cell structure, predict battery health and failure, and support manufacturers and operators in improving safety, performance and reducing waste across production and deployment.
More venture news
- 16 Apr 2026
OpenmooveOpenmoove lands £700k in funding led by Development Bank of Wales to streamline property transaction workflows
EquityProperty - 15 Apr 2026
The Little LoopThe Little Loop secures £750k in funding from The FSE Group for B2B2C clothing trade-in and resale platform
EquityCommerce - 15 Apr 2026
AscensionAscension secures £1.7m in funding from UKI2S and Innovate UK to tap geothermal critical mineral reserves
EquityIndustrial
