Innovation news, success stories and blogs

Supported by Innovate UK, Stemnovate is enjoying a period of strong growth and external investment. The drug discovery start-up has attracted the attention of several large tier 1 drug companies and expects to achieve a turnover of £500m in the next five years.

Supported by Innovate UK EDGE, TFY (Transformify Ltd) has built a workforce and vendor management system that automates billing, payments, compliance and onboarding of vendors, service providers, independent contractors and freelancers.

Although mental health is widely recognised as a major disease burden, it does not receive the same level of attention or funding as diseases such as cancer or cardiovascular health. David Newton, chief operating officer at Akrivia Health, says there has been a historic lack of investment and therefore, a lack of discovery, in the fields of psychiatry and dementia.

A Bristol innovator is using interactive digital technology to help advanced manufacturing businesses create powerful and visually compelling sales experiences and communicate complex concepts to their clients. It has developed a pioneering new product, refined its marketing strategy and tripled its revenue – all with Innovate UK EDGE support.

Bristol-based Learn.ink, which has developed a mobile training platform for smartphone users in emerging economies, has revamped its growth and IP strategies and secured £20,000 in grant funding with Innovate UK EDGE support. 

Supported by Innovate UK EDGE, DataQube Global developed and raised significant funding for its innovative, standalone podular data centre system business, enabling high-speed, high-performance and low latency processing at the edge. The fully scalable solution reduces both energy consumption and CO2 emissions by more than half.