Research Ventures Catalyst: successful applications
FinalistSuccessful andapplications shortlistedthat applicationswill progress to the next stage of the Research Ventures Catalyst programme to stimulate the creation of novel research ventures.
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Artemis Metrics
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Bind
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ResearchCybergenX
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EVA
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Guy's and St Thomas' NHS Foundation Trust, in collaboration with Oxford Nanopore
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Materials MedTech Centre
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MeMetic
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PharosAI
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Plant projectsCell Research Centre
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Psychiatry Consortium
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UK Centre of Excellence for Precision Therapeutic Implants (UKCEPTI)
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Details
12 successful applications that will progress to the next stage of the Research Ventures Catalyst programme. This follows an open call for proposals to establish new organisational models for tackling research challenges.
Successful applicants will receive up to £100,000 ‘seed corn’ funding. This funding will be used by applicants over the next 6 months to fully develop plans for their proposals. The Department for Science, Innovation and Technology (DSIT) may ultimately fund the best proposals with up to £25 million each.
PharosAIThe 12 successful proposals are:
Revolutionising
1. cancerArtemis caseMetrics
A consortium led by acceleratingGreensphere Capital propose to establish a Focused Research Organisation (FRO) to develop science-based decision support tools to accurately and ethically map, measure, monitor and verify biodiversity to deliver outputs for entrepreneurial companies to develop user-friendly, trusted products. Key members of the developmentconsortium include the Gaia Sciences Innovation, Royal Botanic Gardens, Kew, the UK Centre for Ecology and Hydrology, and the University of York.
2. Bind
An interdisciplinary team of researchers proposes to establish a FRO to deliver new tools and drugs for currently untreatable diseases involving disordered proteins.
3. CybergenX
Academics at Edinburgh University seek to establish an FRO that will usher in the nextera generationof Generative Pre-trained Transformers for Engineering Biology by pioneering a technology that allows intracellular signals to be mapped at unprecedented scale and resolution.
4. EVA
Researchers at Edinburgh University are creating a Venture Builder that will co-locate researchers, innovators and investors, along with commercial/government users, with the aim of pushing the frontiers of next-generation semiconductor technologies for AI.
5. modelsGuy’s and St Thomas’ NHS Foundation Trust, in collaboration with Oxford Nanopore
A proposal for diagnosisan organisation to be established by Guy’s and treatment.
BindSt Research
OfferingThomas’s potentialNHS curesFoundation Trust in collaboration with Oxford Nanopore technologies that will develop a prototype end-to-end automated metagenomic sequencing test that can be used to cancerimprove critical early patient treatment decisions and Alzheimer’sprovide throughdata targetingfor disorderedantimicrobial proteins.resistance or pandemic surveillance.
6. Materials MedTech Centre
A consortium from the Henry Royce Institute and Tata Steel Ltd proposes a MedTech centre to pursue a new approach to applying materials innovations to support the nation’s health, focusing on bio-electronics, wound care, and bone replacement.
7. MEMetic
Developing
Academics worldfrom firstAston biomimeticUniversity membranespropose capableto establish an FRO to drive forward a novel technology with utility wherever waste meets water. Through the use of addressingexquisitely today’sselective, mostbiometric pressingmembranes, the team aims to combat water challenges.pollution, recover high value waste in manufacturing processes, and streamline bioprocesses amongst other applications.
8. Newton’s Cradle
ContactNewton’s researchventures@dsit.gov.ukTree proposes to establish Newton’s Cradle, a medical AI venture builder delivered by a consortium of healthcare providers, academia and a multi-vendor network. The Cradle will develop a validated methodology for informationbuilding aboutmedical eachAI project.products, in collaboration with the health system, to improve patient outcomes and operational efficiency.
Shortlisted9. applications
InKing’s FebruaryCollege 2024,London 12are shortlistedleading applicationsa progressedconsortium from academia, healthcare, and industry to thedeliver nexta stagenovel platform providing highly curated and clinically valuable multi-modal datasets and digital solutions for swift development, robust clinical evaluation, and efficient deployment of AI powered innovation into the NHS.
10. Plant Cell Research VenturesCentre
Researchers Catalystfrom programmethe John Innes Centre and The Sainsbury Laboratory propose a plant cell research centre to accelerate the development of nutrient-dense, low-input and climate-resilient crops for UK agriculture and to support global food security and global sustainability goals.
11. Psychiatry Consortium
Medicines Discovery Catapult is leading a proposal for a Psychiatry Consortium to deliver transformative discoveries and capabilities for medicine discovery in mental health.
12. UK Centre of Excellence for Precision Therapeutic Implants (RVCUKCEPTI).)
A Theyteam receivedof upresearchers from Oxford University and entrepreneurs propose establishing a UK centre of excellence for precision therapeutic implants to £100,000accelerate ‘seedand corn’scale fundingthe process for organ repair and support healthy ageing.
Contact us
Proposals will need to fullysecure developmatched funding from non-public sources to deliver their proposals.venture. Investors who are interested in any of the proposals above may contact applicants directly via the details provided on this page, or contact the RVC team at researchventures@dsit.gov.uk.
Background
Updates
DSIT expects to thisfund page
Publishedbetween 92-5 Februaryproposals 2024
Lastwhich updatedwill 11be Februarybased 2025
+ showon allan updates
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theprojectsfullselectedplansoutdevelopedinthenextstagetheprogramme.Thisbuildsonthedepartment’scommitmenttotestdifferentmodelsoffundingsciencebysupportingrangeof 12innovativeproposalsorganisationalhavemodels,receivedwithseedthecornaimfundingofviaspurringgreaterco-investmentfromprivatesectorandphilanthropy.Learnmoreabout.
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Full details of the 12 successful applications that will progress to the next stage of the Research Ventures Catalyst Programme, published.
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First published.
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Update history
2025-02-11 00:01
3 projects selected out of a shortlist of 12 proposals have received seed corn funding via the Research Ventures Catalyst programme.
2024-03-26 16:11
Full details of the 12 successful applications that will progress to the next stage of the Research Ventures Catalyst Programme, published.
2024-02-09 00:01
First published.