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Innova Partnerships
Innova Partnerships was founded in 2006 by Steve Howell to back early-stage life-science companies. The office identified a niche spinning out ventures from UK...
Innova Partnerships
Innova Partnerships was founded in 2006 by Steve Howell to back early-stage life-science companies. The office identified a niche spinning out ventures from UK universities and larger corporates. Since 2017 the focus has shifted to helping portfolio companies reach exit. The firm deploys capital into healthcare, life sciences and related sectors. It uses direct investments and alternative VC structures at seed through late stage. Geographic reach centers on Scotland and the wider UK with an additional office in Boston. Co-investors have included Archangels and Equity Gap on Scottish life-science deals. A joint venture with Unilever operates through Penrhos Bio Ltd. The team comprises three named principals. Additional commercial assets include Foxknowe in St Fillans, Crieff. The office maintains memberships in the Institute of Directors, Royal Society of Chemistry, Society of Chemical Industry and Industrial Biotechnology Innovation Centre.
General information
Firm type
Single Family Office
Year founded
2006
AUM
Undisclosed
Location
Region
Europe
Country
United Kingdom
City
Perthshire
Corporate office
Perthshire, Scotland, United Kingdom
Additional offices
Boston, MA, USA
Principals
Steve Howell
Founder and Managing Director
Gregor Russell
COO and Director of Commercialisation
Jilly Huggins
Family Office Manager and Trustee
Sector focus
Frequently asked questions
Who runs investment decisions at Innova Partnerships?
Steve Howell serves as Founder and Managing Director. Gregor Russell acts as COO and Director of Commercialisation.
How does Innova Partnerships source proprietary deal flow?
The firm spins out companies from UK universities and larger corporates. It has formed more than a dozen such entities since 2006.
Does Innova Partnerships participate in fund commitments or only direct deals?
The office uses direct investments and alternative VC models. It does not disclose participation in external fund commitments.
What investment stages does Innova Partnerships typically target?
Confirmed stages include seed, Series A, growth and late stage.
Where does the underlying wealth come from?
The source of the family capital is not publicly disclosed.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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