Cyber Runway

Plexal serves as a catalyst for technological innovation through collaborative partnerships across governmental bodies, corporations, startups, and educational institutions. Established in 2017 by Delancey, this innovation company bridges critical gaps between organizations of varying sizes and sectors, facilitating connections that drive progress. Their mission centers on addressing complex societal challenges by accelerating access to innovative startup solutions, ultimately fostering national security advancement, economic development, and social welfare through purpose-built innovation spaces, specialized services, and the development of regional centers of excellence throughout the UK.

With strategic locations in London, Manchester, and Cheltenham, Plexal has established itself as a significant contributor to the UK's innovation ecosystem. Since its inception, the company has supported over 1,200 businesses in their growth journeys, generating an impressive £731 million contribution to the national economy and facilitating the creation of 9,400 jobs. Their impact continues to accelerate, with the past year alone accounting for £183 million in gross value added—representing a quarter of their seven-year total—while helping to establish 2,360 new employment opportunities across their portfolio companies.

Plexal has built an impressive track record delivering specialized innovation programmes for prestigious organizations spanning both public and private sectors. Their client portfolio includes the Department for Science, Innovation and Technology, the National Cyber Security Centre, and global technology leaders such as IBM, Airbus, and Amazon. These partnerships demonstrate Plexal's versatility in addressing innovation challenges across multiple industries and their ability to connect emerging technologies with established market players, creating valuable synergies that drive mutual growth and development.

The effectiveness of Plexal's approach is evidenced by the remarkable success of their programme participants. Of the startups and scale-ups supported through Plexal-led initiatives, 141 have successfully secured funding, collectively raising £898 million in investment capital and an additional £69 million in innovation grants. This funding success underscores Plexal's ability to identify promising ventures, enhance their market readiness, and connect them with appropriate funding sources—whether through venture capital, corporate investment, or public sector innovation grants. Their comprehensive support model has established Plexal as a pivotal player in transforming the UK's innovation landscape.