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UK Innovation & Science Seed Fund, also known as the Rainbow Seed Fund, is a venture capital and private equity firm offering an early-stage venture capital fund dedicated to investing in technology companies developed by publicly funded research facilities in the United Kingdom that is headquartered in Birmingham, Great Britain and was founded in 2002 by the Department for Business, Energy, and Industrial Strategy. The UK Innovation & Science Seed Fund is partnered with the following companies and organizations: Science and Technology Facilities Council (STFC), Biotechnology & Biological Sciences Research Council (BBSRC), Defense Science & Technology Laboratory (DSTL), Natural Environment Research Council (NERC), Public Health England (PHE), The Animal and Plant Health Agency (APHA), The National Physical Laboratory (NPL), The James Hutton Institute, and Culham Centre for Fusion Energy (CCFE).
The UK Innovation & Science Seed Fund focuses investing in environmental technologies, manufacturing engineering, medical biotechnology, consumer services, software, and hardware. Notable investments made by the UK Innovation & Science Seed Fund include: AgPlus Diagnostics, AiTua, Cobalt, Eagle Genomics, Linear Diagnostics, Perfectus Biomed, SFH Oxford, Synthace, Tokamak Energy, and Zentraxa.