CPI
A UK-based deep technology innovation center that helps companies transform groundbreaking ideas into market-ready products by providing access to world-class facilities, multidisciplinary expertise, and innovation networks for R&D, process development, and scale-up work.
- CEO / Founder
- Frank Millar
- Team Size
- 501-1000
- Stage
- Active
- Total Funding
- $147.48M
- Latest Round
- Grant
- Key Investors
- Innovate UK, High Value Manufacturing Catapult, UK Community Renewal Fund, North East LEP, European Regional Development Fund
Technology & Products
Key Products
["National Formulation Centre","National Centre for Printable Electronics","RNA Centre of Excellence","Medicines Manufacturing Innovation Centre","Graphene Applications Innovation Centre","Industrial Biotechnology & Biorefining Centre","Biotherapeutics Development Services","CPI Enterprises Investment Portfolio"]
Technological Advantage
Combines world-class facilities (GMP environments, specialized equipment), 750+ multidisciplinary scientists/engineers, and proven scale-up capabilities across multiple technology platforms (biotherapeutics, printable electronics, formulation, industrial biotechnology) with a flexible engagement model including fee-for-service, collaborative R&D, and investment support.
Differentiation
Value Proposition
Enables organizations to defer capital and workforce investments until products/processes are proven at scale by providing access to specialist innovation facilities, technical expertise, funding support, and investor networks with reduced development risk.
How They Differentiate
Process manufacturing specialist within HVM Catapult network, with unique focus on pharmaceuticals, biotechnology, printable electronics, and sustainable materials. Provides access to £200M+ worth of state-of-the-art capital assets and 750+ multidisciplinary experts through open innovation model, enabling companies to defer capital investments until products are proven at scale.
Market & Competition
Target Customers
Start-ups, SMEs, large corporations, universities, and academic researchers seeking to develop, prove, prototype, and commercialize innovative products and processes across deep tech sectors.
Industry Verticals
["Pharmaceuticals & Biotechnology","Health Technology & Medical Devices","Food & Agriculture (AgriFoodTech)","Energy Storage & Sustainable Energy","Materials Science & Advanced Materials","Chemical Manufacturing","Printable & Flexible Electronics","Industrial Biotechnology"]
Competitors
Manufacturing Technology Centre (MTC); National Composites Centre (NCC); Warwick Manufacturing Group (WMG)
Growth & Milestones
Growth Metrics
750+ staff members, £66.9M turnover (2024), £200M+ capital assets under management, 20+ years of operational experience. Portfolio includes 25+ active investments through CPI Enterprises with one successful exit achieving 14.3x return on investment.
Major Milestones
["Founded in 2004 as UK technology innovation center","2015: Joined High Value Manufacturing Catapult as founding partner","2018: Received £107M government funding commitment for 5-year period","2020: Launched CPI Enterprises venture capital and investor engagement arm","2020: Established £10.65M RNA Centre of Excellence with Vaccine Taskforce funding","2021: Opened £88M Medicines Manufacturing Innovation Centre in Scotland","2022: Achieved 14.3x return on investment with Nuformix exit","2024: Celebrated 20th anniversary with 750 staff and £66.9M turnover","2024: Portfolio company Q5D Technologies raised $13.5M Series A","2025: Portfolio company Evoralis secured £2.5M seed funding"]
Notable Customers
AstraZeneca; GSK; University of Cambridge; University of Strathclyde; Siemens; Thermo Fisher Scientific