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Advanced Propulsion Centre UK

Europe, Coventry, United Kingdom, Coventry

Description

The Advanced Propulsion Centre UK (APC UK) is a pivotal non-profit organization established as a joint venture between the UK government and the automotive industry. Based in Coventry, its core mission is to accelerate the development, industrialization, and commercialization of low-carbon propulsion technologies within the United Kingdom. Unlike traditional venture capital firms, APC UK operates primarily as a grant-funding body, strategically deploying government funds to foster innovation and secure the future of the UK's automotive sector in the transition to net-zero.

APC UK manages various funding competitions and programs, notably the Advanced Propulsion Centre (APC) Collaborative R&D competitions and the larger-scale Automotive Transformation Fund (ATF). These initiatives are designed to support a wide spectrum of projects, from early-stage research and development to the establishment of gigafactories and other significant manufacturing capabilities for electric vehicle components. Funding is typically awarded to collaborative projects involving businesses, academia, and research organizations, with a strong emphasis on delivering tangible economic and environmental benefits for the UK.

Since its inception in 2013, APC UK has demonstrated substantial impact on the UK's automotive landscape. It has committed over £1.4 billion (approximately $1.75 billion USD) in grant funding across 225 projects, engaging 440 distinct organizations in the pursuit of sustainable mobility solutions. These investments are projected to create or safeguard approximately 59,000 jobs within the UK, underscoring the Centre's role not just in technological advancement but also in economic growth and resilience.

The typical "check size" or grant amount provided by APC UK varies significantly depending on the nature and scale of the project. While smaller feasibility studies might receive grants of up to £100,000 (approximately $125,000 USD), the bulk of their funding is directed towards large-scale collaborative R&D projects, where grants commonly range from £2.5 million to £20 million. For strategic, large-scale industrialization projects under the Automotive Transformation Fund, grants can extend significantly higher, potentially reaching up to £100 million (approximately $125 million USD) for critical infrastructure developments. This broad range reflects APC UK's comprehensive approach to supporting the entire innovation lifecycle, from concept to mass production, for the next generation of clean automotive technologies.

Investor Profile

Advanced Propulsion Centre UK has backed more than 103 startups, with 2 new investments in the last 12 months alone. The firm has led 95 rounds, about 92% of its total and boasts 24 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Grant rounds (top funding stages).
  • Majority of deals are located in United Kingdom, United States, France.
  • Strong thematic focus on Manufacturing, Automotive, Electric Vehicle.
  • Led 1 rounds in the past year.
  • Typical check size: $125K – $125M.

Stage Focus

  • Grant (100%)

Country Focus

  • United Kingdom (86%)
  • United States (8%)
  • France (2%)
  • Denmark (1%)
  • Germany (1%)
  • Israel (1%)
  • Japan (1%)

Industry Focus

  • Manufacturing
  • Automotive
  • Electric Vehicle
  • Electronics
  • Energy
  • Machinery Manufacturing
  • Transportation
  • Industrial Engineering
  • Battery
  • Industrial
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Advanced Propulsion Centre UK frequently co-invest with?

EA
Europe, Wiltshire, United Kingdom, Swindon
Co-Investments: 1
Innovate UK
Europe, Wiltshire, United Kingdom, Swindon
Co-Investments: 5
UD
North America, Washington, United States, Seattle
Co-Investments: 1
Ford Pro
North America, Michigan, United States, Dearborn
Co-Investments: 1

What are some of recent deals done by Advanced Propulsion Centre UK?

Mint Innovation

Parnell, Auckland, New Zealand

Developing a biometallurgical processes that use microbes to capture value from metal waste streams while mitigating environmental harm.

Biotechnology
GrantJul 17, 2025
Amount Raised: $10,879,420
Ionic Technologies

Belfast, Belfast, United Kingdom

Ionic Technologies recycles permanent magnets to recover magnet rare earths.

Recycling
GrantJul 14, 2025
Amount Raised: $11,000,000
JATCO Ltd

Shizuoka, Shizuoka, Japan

JATCO Ltd is an automotive company that provides transmissions and manufacturing services.

AutomotiveManufacturingTransportation
GrantJan 16, 2025
Amount Raised: $14,681,773
Altair

Troy, Michigan, United States

Altair Engineering, Inc. provides enterprise analytics, engineering, and on-demand computing software technologies. Its technology.

AerospaceAnalyticsIndustrial EngineeringInformation TechnologyInternet of ThingsSoftware
GrantSep 25, 2024
Amount Raised: $3,861,107
Unipart Group

Oxford, Oxfordshire, United Kingdom

Unipart Group provides performance technologies for supply chain management, logistics and manufacturing sectors.

LogisticsManufacturingSupply Chain ManagementTechnical Support
GrantDec 18, 2023
Amount Raised: $14,298,241
Dolphin N2

Millbrook, Bedfordshire, United Kingdom

Dolphin N2 develops an internal combustion engine to accelerate the electrification of transport allowing to reduce carbon emission.

Machinery ManufacturingManufacturing
GrantNov 8, 2023
Equipmake

Norwich, Norfolk, United Kingdom

Equipmake's mission is to provide State of the Art control System Solutions for niche and specialist markets.

Industrial AutomationMachinery ManufacturingSupply Chain Management
GrantOct 9, 2023
Amount Raised: $3,240,000
Aston Martin

Gaydon, Warwickshire, United Kingdom

Aston Martin is a luxury car manufacturer that offers luxury sports cars and grand tourers.

AutomotiveLeisureManufacturingProduct DesignRecreational Vehicles
GrantOct 9, 2023
Amount Raised: $11,024,913
YASA

Kidlington, Oxfordshire, United Kingdom

Yasa develops and manufactures electric motors and generators of high power and high torque density electric.

AerospaceAutomotiveIndustrialManufacturing
GrantSep 22, 2023
Amount Raised: $25,950,911
Prodrive

Banbury, Oxfordshire, United Kingdom

Prodrive is one of the world’s leading motorsport

AerospaceAutomotiveMotorsports
GrantSep 16, 2023