We are creating a unified UKRI website that brings together the existing research council, Innovate UK and Research England websites.
If you would like to be involved in its development let us know.

Investment accelerator funds corrosion sensor for oil and gas pipelines

The oil and gas industry spends around £3.5billion managing corrosion every year. A Midlands-based company that develops remote sensors for monitoring corrosion in oil and gas pipelines has secured £250,000 of investment from early-stage technology investor, Mercia Fund Managers. This has been met with a further £104,000 from Innovate UK’s Investment Accelerator pilot programme. The investment will support CorrosionRADAR with developing its technology and business to secure commercial partners for initial field tests.

Investment Accelerator is a new approach to finance innovation, highlighting the potential to scale by attracting significant private sector funding into UK R&D from both domestic and foreign investors.