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United Kingdom Atomic Energy Authority (UKAEA) commits £20M to UKI2S fund for fusion innovation

 The UK Atomic Energy Authority (UKAEA) has contributed a further £20
million to the UK Innovation & Science Seed Fund (UKI2S) to back UK-based
spinouts and early-stage companies. UKI2S is a government-backed seed fund
managed by Future Planet Capital that invests in and grows early-stage deep
tech companies emerging from UK research, helping turn science into
commercially viable businesses.

The investment forms part of a wider
£33.25 million funding increase across three UKI2S sub-funds (Space,
Defence and Fusion), taking the fund’s total capacity to £150 million.
The capital includes £9.25 million from the UK Space Agency, £4 million
from the Ministry of Defence and £20 million from UKAEA. The cumulative
investment from UKAEA in the UKI2S fund is £28 million.

 UKAEA 10th June 2026, https://www.gov.uk/government/news/ukaea-commits-20m-to-uki2s-fund-for-fusion-innovation

June 15, 2026 - Posted by | business and costs, UK

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