£452,654 Secured for Mayku’s Innovative Leap in Composite Production

Introduction to Mayku

Mayku stands at the forefront of innovation in the composite manufacturing sector. With an eye for revolutionary technology, Mayku has embarked on a journey to transform the industry landscape, making composite manufacturing accessible and efficient for a wide range of businesses, from SMEs to large corporations.

Problem

UK manufacturers, particularly in the automotive, aerospace, construction, and medical technology industries, grapple with significant challenges in utilising composites. The prevalent practice of outsourcing composite production incurs high costs and logistical complexities, impeding the potential for innovation and growth within the sector.

Opportunity

Identifying the critical bottlenecks in the industry, Mayku seized the opportunity to develop a miniaturised 'benchtop' autoclave. This innovative solution promises to democratise composite manufacturing, enabling engineers and designers to fabricate high-quality composite parts in-house, thereby enhancing efficiency, reducing costs, and fostering innovation across various industries.

Solution

Mayku's pioneering 'benchtop' autoclave stands as a testament to their commitment to innovation and excellence. By miniaturising the autoclave, Mayku not only made composite manufacturing more accessible but also ensured that quality is uncompromised. This groundbreaking technology is poised to redefine manufacturing processes, making it a game-changer for businesses of all sizes.

Challenge

The path to revolutionising an entire sector is laden with challenges, primarily in advancing the product from a mere proof of concept to a fully functional prototype ready for development and mass production. Navigating these complex stages required not just technical expertise but also substantial financial backing.

Why They Chose Grant Up

In their quest for progress, Mayku turned to Grant Up, renowned for their expertise in securing grant funding and their ability to simplify intricate processes. Grant Up's deep understanding of the industry's nuances and their proficiency in grant applications made them the ideal partner for Mayku in this ambitious endeavour.

Result

The collaboration between Mayku   and Grant Up culminated in a resounding success, securing £452,654 in grant funding. This significant financial infusion has propelled Mayku's innovative 'benchtop' autoclave from concept to reality, marking a transformative phase in the composite manufacturing sector and setting new benchmarks for innovation and accessibility.

“Working with Grant Up was a seamless experience. We were thoroughly impressed by their team's expertise and the effortless manner in which they guided us through the funding process. Their support has been instrumental in our journey towards innovation.”
– Alex Smilansky, CEO, Mayku