News

Xavier Analytics Awarded Innovate UK R&D Grant for AI in Accounting

By SETsquared-Bristol / 18th February 2019

SETsquared Bristol member, Xavier Analytics, has been approved Innovate UK funding for a £380k feasibility project looking further into AI for accounting. Xavier’s team have an ambitious goal to expand the Xavier suite of applications, which already use Machine Learning to improve financial data quality and provide data-driven insights for accountancy firms and their clients…

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SETsquared Bristol member Forth secures investment from first institutional investor

By SETsquared-Bristol / 8th February 2019

SETsquared Bristol members Forth have secured new investment from their first institutional investor for their innovative biometric tracking service. which helps people to navigate their way to better health using simply at-home finger-prick blood tests.   The new investment came from The Development Bank of Wales, together with a group of angels from Angels Invest…

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SETsquared Bristol celebrates diversity and new investments in 2018

By SETsquared-Bristol / 29th January 2019

SETsquared Bristol members collectively raised over £82.1m in 2018 The global incubator champions diversity, and now hosts 23% female founders – a 150% increase in three years 14% of SETsquared founders are from Black, Asian and Ethnic Minority (BAME) backgrounds SETsquared members now span 23 industries from biotech to financial services   SETsquared Bristol has…

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Goldman Sachs leads $8m investment in Immersive Labs cyber security skills platform

By SETsquared-Bristol / 17th January 2019

SETsquared member Immersive Labs have announced that Goldman Sachs has led an $8m Series A investment round in its fast-growing cyber security skills platform. The funding, made alongside smaller private investors, will grow an offering which arms enterprise IT and cyber security teams with the latest skills by combining threat data with gamified learning.  …

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LettUs Grow secures £1 million in funding to build the farms of the future

By SETsquared-Bristol / 11th January 2019

SETsquared Bristol member, LettUs Grow, has secured £1 million in funding to build world-leading indoor growing facilities and feed the growing global population with its advanced aeroponic technology for indoor farms.   The UK’s innovation agency, Innovate UK, awarded the grant of £399,650 to lead a £700,000 project – which will help the agri-tech company…

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SETsquared members get festive at Connect networking event

By SETsquared-Bristol / 14th December 2018

On Thursday 13th December, Bristol’s tech scene gathered for the final SETsquared Bristol Connect of the year. The December networking event was bigger than usual with the festivities bringing additional sparkle. Sponsored by Hazlewoods, over 120 people gathered to foster peer-to-peer relationships and potential collaborations.   Festive Connect featured lightening pitches from four of new…

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KETS Quantum Security raise over £2 million in investment

By SETsquared-Bristol / 14th December 2018

SETsquared Bristol member, KETS Quantum Security, has joined the growing list of ventures that have achieved successful investment rounds in 2018.   Corporations and government initiatives have backed the quantum-secure communications start-up to the tune of £2 million. The funding round includes investments from early stage venture fund, Quantonation, Kx, and Innovate UK’s Industrial Strategy…

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Snap Tech pitches for £2m investment at SETsquared’s 15th Accelerating Growth Investment Showcase

By SETsquared-Bristol / 7th December 2018

UK entrepreneurs behind high-growth potential technology companies, including Bristol-based Snap Tech Ltd, gathered in London on 5 December 2018, to pitch for a combined £18m to an audience of investors at SETsquared Partnership’s annual Accelerating Growth Investment Showcase.   Running for the past 14 years, SETsquared’s Investment Showcase has become a huge success; attracting hundreds of investors,…

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Ziylo Founder Dr Harry Destecroix Voted Bessemer Fellow of 2018

By SETsquared-Bristol / 22nd November 2018

Ziylo was recently acquired in a deal worth up to $800m, giving rights of its glucose-binding molecules to Novo Nordisk Dr Harry Destecroix progressed through the SETsquared incubation programme with Ziylo, which he founded as a University of Bristol spin out in 2015 Bessemer Fellowship is awarded to the person who exhibits tenacity, drive, ambition,…

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New Enterprise Competition winners awarded funding and SETsquared membership

By SETsquared-Bristol / 9th November 2018

University of Bristol researchers, iCOMAT have been announced as winners of the New Enterprise Fund, and awarded with the top prize – a £10,000 backing fund to help develop their composite manufacturing design company. Competition sponsor, SETsquared Bristol, was delighted to award two funded places on its business incubation programme to runners up: Actuation Lab…

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