UK Innovation & Science Seed Fund

UKI2S invests in innovations emerging from the UK's publicly funded science and knowledge base. The fund specialises in engineering biology, defence & security, fusion energy, and space to facilitate sustainable growth, enhance the health and security of society, improve productivity, and deliver economic gains emerging from UK's public funding portfolio. UKI2S makes equity and convertible loan investments for a financial return. The fund invests in the pre-seed and seed stage and is often the first investor. Entry cheques are typically between £100k and £500k with follow-on investment capacity up to £1.5m in best-performing companies. The fund is happy to lead investments or follow, so long as their investment is a meaningful part of the round. To receive UKI2S funding, applicants must fulfil one of the following criteria: be based at one of their research campuses, work in a strategic priority area (engineering biology, defence & security, fusion energy, or space), or have innovation based on intellectual property associated with one of their partners.