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Innovation Ulster

Venture capital

Newtownabbey · Seed–Series A

Also known as Uutech Limited

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Stage
Seed–Series A
HQ
Newtownabbey, GB
Instruments
Equity
Founded
1997
Last 12 months
1 investment
Tracked investments
6

What they invest in

from 6 of 6 portfolio companies

SaaS ×3Fintech ×2Hardware ×2Healthtech ×2AgTech ×1AI & Machine Learning ×1Biotech ×1Cleantech ×1

HQs:United Kingdom×2Sweden×2

Investments · 6 tracked

founders shown can be your intro path
Dia Beta Labsdiabetalabs.comin

Dia Beta Labs is a drug discovery and development company focused on diabetes and obesity research.

BiotechDigital HealthHealthtechLongevityMedical DevicesBelfast, GB

Dr. Ryan Lafferty(Founder, CEO)Prof. Peter Simpson(Executive Chair, Co-Founder)Prof. Nigel Irwin(Academic Director, Co-Founder)Prof. Peter Flatt(Scientific Committee, Co-Founder)Prof. Finbarr O'Harte(Scientific Committee, Co-Founder)Prof. Victor Gault(Scientific Committee, Co-Founder)

Co-investorsDSW VenturesQUBISClarendon Fund Managers Ltd.Innovate UKInvest Northern Ireland

Frodafroda.sein

Froda provides financing to small and medium-sized businesses, aiming to give them the same growth opportunities as large companies through accessible funding.

FintechSaaS

Olle Lundin(Founder)inMartin Roxland(Founder)Oliver Mohseni Skoglund(Founder)

Co-investorsCNIIncore Invest

Ilimexilimex.co.ukNov 2025

ILIMEX develops UV-C air sterilisation systems engineered for poultry, agricultural, and agri-food environments to eliminate airborne pathogens and strengthen biosecurity.

AgTechCleantechFoodTechHardwareHealthtechBelfast, GB

Gerry Corrigan(CEO)inRichie McCauley(CTO)Anthony Fanning(COO)in

Co-investorsClarendon Fund Managers Ltd.

Inclutechinclutech.coJul 2025

Inclutech develops public and personal safety solutions designed with an emphasis on inclusion, aimed at protecting vulnerable individuals.

HardwareImpact & Social Good

Co-investorsClarendon Fund Managers Ltd.

Myntmynt.comin

Mynt provides a platform for managing company spending, combining corporate cards, expense management, and invoice handling with automated bookkeeping.

Enterprise SoftwareFintechSaaSStockholm, SE

Baltsar Sahlin(Founder)inJohan Max Obermayer(Founder)inMagnus Widerberg(CTO och medgrundare)Magnus Wideberg(Founder)

Co-investorsCNIIncore InvestLuminar Ventures

Retinizeretinize.com𝕏Feb 2025

RETìníZE builds Animotive, a VR SaaS tool that uses spatial computing, generative AI, and real-time rendering to simplify and lower the cost of 3D animation production.

AI & Machine LearningMedia & EntertainmentSaaS

Phil Morrow(Co-founder)inJack Morrow(Co-founder)in

Co-investorsClarendon Fund Managers Ltd.QUBISSure Valley VenturesTechstart Ventures

Principals & officers · per Companies House

what is this? ⓘ
Timothy John Brundle

Secretary & Director · since 2017

Elaine Hartin

Director · Irish · since 2022

Liam Philip Professor Maguire

Director · Irish · since 2021

James Andrew Professor Mclaughlin

Director · Northern Irish · since 2022

Kristel Professor Miller

Director · Northern Irish · since 2022

Ownership & control

Ulster University — 75–100% of shares

Frequently asked questions

How many investments has Innovation Ulster made?
Innovation Ulster has 6 tracked investments, including 3 dated in the last 24 months.
What stage does Innovation Ulster invest at?
Innovation Ulster invests at the Seed, Series A stages.
What sectors does Innovation Ulster focus on?
Innovation Ulster focuses on Biotech, Healthtech, IoT.
Where is Innovation Ulster located?
Innovation Ulster is headquartered in Newtownabbey, GB.

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