UK Innovation & Science Seed Fund (UKI2S)
01 · Thesis & focus
Evergreen, government-backed pre-seed+ fund managed by Future Planet Capital. It invests in UK science and public-sector research spinouts across deep tech, including fusion, space, defence & security, engineering biology, clean energy and healthcare. A June 2026 top-up of £33.25m (UKAEA £20m, UK Space Agency £9.25m, MoD £4m) raised total capacity to £150m, and the fund reports £55.7m deployed across 123 companies.
02 · Recent publicly announced deals
Sheffield startup profiling mammalian cells and developing precision media additives to raise biomanufacturing yields.
Founders: Adam B.Enzyme-based catalysts replacing precious-metal catalysts in chemical manufacturing
Founders: Holly R., Sarah P.Compact particle-accelerator platform producing medical, industrial and energy isotopes near the point of use. London.
Founders: Ross A., Richard P.Digital-twin software optimising CNC machining feed rates and spindle speeds to eliminate chatter. Sheffield/Rotherham, UK.
Founders: Erdem O., Huseyin C.X-ray detection/security screening technology company; round led by Agilent, with UKI2S and MEIF following on.
UK MEMS semiconductor manufacturer for defence, space and sensing applications; West Hill Capital led.
Peptide therapies targeting 'undruggable' cancer transcription factors; led by QantX with UKI2S and University of Bath following on.
Founders: Mark T.Neuroplastic AI for real-time adaptive control of robots, motors and automotive systems using sparse neural networks. Abingdon, UK.
Founders: Matthew C., Alex M., Phil L.03 · Similar firms
Oxford Innovation EIS Growth Fund£150k – £400k · Also Pre-seed · DeepTech VV Voima Ventures
£170k – £2.5M · Also Pre-seed · DeepTech
Techstarsup to £120k · Also Pre-seed · DeepTech
Horizan VC£10k – £20k · Also Pre-seed · DeepTech LC Lux Capital
£1M – £20M · Also Seed · DeepTech
Seedcamp£140k – £700k · Also Pre-seed · DeepTech
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