£265k R&D Grant for Wearable Robotics Tech Startup

Funder, Funding, Innovate UK, IUK Smart, Success Stories
Tonus Tech Funding Successful: People hiking in nature

Tonus Tech is one of those great stories – and the story is getting more and more exciting.

This month (February 2022) the team, that have bootstrapped their way to a prototype wearable technology that has piqued the interest of physiotherapy and gym chains across the world, start a 12month R&D project funded by Innovate UK.

The Innovate UK Smart Grant is a quarterly R&D grant fund that offers between £25k and £2m to the most innovative SMEs for the development of novel technologies. Make no mistake – winning an Innovate UK Smart Grant is not a given – competition is high with average success rates under 10%. There were 9070 applications made to the Smart Grant fund between February 2019 and August 2020, with 550 successful applicants awarded grant funding – average success rate = 6.1% (Freedom of Information request answered by Innovate UK).

Back to Tonus Tech! The founder, technical director and medical expert are now working with the University of Newcastle and City of London University on a 12month R&D project that will see significant development of their technology. In fact – they are hiring. If you are experienced in Machine Learning, have an interest in robotics / wearables / exoskeletons / sensors then it is worth getting in touch.

More to explore

Below, you’ll find links to related external content that expand on the topics discussed in the article above. Please note that these links are provided for additional information and we are not responsible for the content on external sites.

More from Venturenomix

""

Funding Deeptech and Midtech to Commercialisation

How can the funding ecosystem be improved to better support spinouts and SMEs developing Deeptech and Midtech Quick Introduction Innovation Zero World Congress 2026 and many panel talks are focused ...
""

How a healthcare communication startup combined grant funding and R&D Tax Credits to scale innovation across the NHS

A joint case study between Venturenomix, Leyton, and CardMedic CardMedic’s challenge When Dr Rachael Grimaldi, an NHS anaesthetist, began her career, she quickly encountered a serious and pervasive problem that ...
""

How a fintech AI startup combined grant funding and R&D Tax Credits to fuel innovation

A joint case study between Venturenomix, Leyton, and Alphloops About AlphaLoops AlphaLoops is an AI company specialising in the investment management industry. Their mission is to help asset managers and ...