Plexal

Plexal is committed to achieving the potential of emerging technology through strategic collaboration with the government, industry, startups and academia. Founded by Delancey in 2017, Plexal works to solve society’s most pressing problems through accelerating access to novel startup solutions by closing the gap between organisations – small and large, private and public, local and global. It’s driving national security progress, economic growth and social prosperity by building physical places for innovation, delivering innovation services through programmes and consultancy and establishing regional clusters of excellence nationwide. The innovation company has offices in London, Manchester and Cheltenham. Plexal has supported the growth of more than 1,200 businesses and contributed £731m to the UK economy since 2017, helping generate 9,400 jobs. And over the last 12 months alone, Plexal has unlocked £183m in gross value added, 25% of the total GVA from the last seven years, and helped create 2,360 jobs. The business has delivered innovation programmes for organisations including the Department for Science, Innovation and Technology, the National Cyber Security Centre, IBM, Airbus and Amazon. Of the companies supported by Plexal-run programmes, 141 have received funding and collectively raised £898m in investment and £69m in innovation grants.