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Norwich Research Park companies pass £200m investment milestone

24 March 2026

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A mark of success of a company, and a region, is the amount of inward investment it can attract. It is a signal of confidence in the growth potential and credibility of the companies in the local area.

In February, we were able to report on companies currently based at Norwich Research Park having raised £100m from public funds and private investors over the past five years. So, it is even better news that we can now report that earlier this month, they collectively passed the £200m milestone of funding

Norwich Research Park is home to a diverse ecosystem of about 50 companies, some just starting up and others that have matured into high growth international businesses employing over 100 people.

The Norwich Research Park companies who have been particularly successful at attracting in investment especially over the last two years include:

  • Tropic, which has been based at the campus for ten years and has from three employees to around 150 now. Over the last five years it has raised a total of $190m/£142m ($105m/£79m earlier this month) to fund its R&D. Last year it unveiled its first commercial product, a gene-edited non-browning banana that attracted the attention of TIME magazine which named it as one of the best inventions of 2025.
  • Resurrect Bio, a spin-out from The Sainsbury Laboratory here on the Park campus, is a biotech company that equips crops with genetic defences against disease. It recently announced the successful initial closing of its Series A funding round of $8.1m/£6.1m that will be used to accelerate its high-throughput trait discovery platform and progress its multiple disease-resistance products toward commercial partnerships.
  • Alora’s founders relocated their company to Norwich Research Park from Canada in February 2024, following a successful seed fund raise of $4.4m/£3.3m, to continue the development of their gene-edited rice varieties. They are developing varieties with greater heat-tolerance and higher yields so that they will be able to adapt to the changing conditions caused by climate stress. Alora has just secured further funding from the Neglected Climate Opportunities Fund, a climate-focused venture capital vehicle and subsidiary of the Grantham Environment Trust, with participation from Toyota Ventures, an early-stage venture capital arm of the global giant Toyota.

In addition to venture capital funding, investment is also being achieved in the form of corporate partnerships.

  • QuberTech is leading a precision breeding project called QuBOOSTR working with the John Innes Centre and LettUs Grow, that is funded by £2.4m from the UK Government’s Defra Farming Innovation Programme, in partnership with Innovate UK, to help further its research into producing latex from dandelion roots in soil-less environments as a new source of natural rubber.
  • Ikarovec has developed a single-treatment solution for intermediate age-related macular degeneration (AMD), that can lead to severe vision loss if left untreated. As well as raising around £8m, it recently announced a new worldwide agreement with VectorBuilder, a global leader in gene delivery technologies which could reach a market worth over $1bn in the next few years as it is a large, untapped market for which currently there are no approved drug treatments.
  • TraitSeq has successfully partnered with Syngenta, a world leader in developing innovative biological-based products for agricultural use. Syngenta will use TraitSeq’s platform to analyse complex biological data to uncover the intricate molecular interactions that impact a crop’s ability to use available nutrients in the soil.

To ensure that this momentum continues, Anglia Innovation Partnership, the campus management organisation for Norwich Research Park, runs an incubation programme to help nurture new companies founded by researchers, scientists and entrepreneurs across the Park campus.

In 2025, it provided tailored support to 17 new companies in areas such as funding, intellectual property (IP) protection, patents and marketing. And to support start-ups in their efforts to establish proof of concepts for their ideas, over the last four years, £650,000 has been awarded in pre-seed funding. Anglia Innovation Partnership is also providing business support to a further 40 early-stage companies as part of its Campus Enterprise Strategy.

Roz Bird, CEO, Anglia Innovation Partnership, said, “With great facilities and a specialist skills pool, Norwich Research Park is quickly becoming known for its ability to support high-growth companies in agri-food, health, nutrition and the environment. It is great to recognise the level of private investment attracted into our start-ups and passing the £200m milestone is a fantastic achievement. This will encourage us all to continue to work hard to ensure Norwich Research Park remains one of the very best places to start and grow a company in the global markets we serve.”

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