News
Bio-sensing pioneer Rosa Biotech has secured £415,000 from angel investors and announced plans to accelerate development of its bio-sensing technology, designed to enable cost effective, early-stage screening of a range of life-threatening diseases. The University of Bristol healthtech spinout joined SETsquared Bristol in February 2023. It is initially targeting the early identification of non-alcoholic fatty…
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We are pleased to welcome QantX, Purplefish and Rocketmakers as our three new Advisers in Residence for investment, marketing and product development. Our specialist Advisers in Residence are a key aspect of our incubation membership, providing pro-bono services to our members, from funding, product development and marketing to finance, legal and IP. South West venture capital firm QantX…
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University of Bristol spinout Milbotix has announced an investment round to complete the development of its SmartSocks™ product line, which aims to help millions of people living with dementia, non-verbal autism and other conditions that affect communication. SmartSocks™ is being developed in collaboration with the UK Dementia Research Institute and University of Exeter Medical School.…
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A record 45% of total funds raised by our companies were led by women in 2022. Women raised £15 million of the total £33 million raised by 85 of our companies. This is testament to our long-term focus for inclusivity within the tech sector which includes our programmes, Enterprising Women and Breakthrough Bursary. Our new…
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spacebands, a startup that creates software and wearable technology to make workplaces safer, has overfunded its initial seed investment target of £600,000 to hit a total of £1m investment. It has also been approved for Innovate UK’s Future Economy Fund grant of £250,000. The startup was founded by award-winning entrepreneurs Harry Kimberley-Bowen and Ronan Finnegan…
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We’re thrilled that our Community Manager Paul Forster has been nominated for FDM’s Everywoman in Technology Male Agent of Change Award. This is testament to his active commitment to championing and advancing the progress of women in tech. At SETsquared Bristol Paul supports over 80 of our technology companies and develops a network of expert advisers and community partners to…
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We are thrilled to welcome twelve new startup companies joining our incubation programme at the start of 2023. The new cohort represents a variety of sectors as well as creative uses of technology to help solve some of the world’s biggest problems, from improved access to healthcare and education to achieving net zero. Four of…
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Developer of industrial hardware, Actuation Lab, has secured financial backing from hardtech and climatetech investors to develop hardware that will prevent catastrophic gas leakage and allow the safe and sustainable use of hydrogen as an energy source. Actuation Lab was founded by three postdoctoral researchers from the University of Bristol in 2019. It joined SETsquared…
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SETsquared celebrated its 20th anniversary in style with a bumper edition of its annual Investment Showcase and an awards celebration night, which recognised member companies which have had a significant social, environmental, or economic impact. Over 200 investors and funders came together at Church House, Westminster, to see the latest crop of SETsquared-backed startups, spin-outs…
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We’re delighted to welcome Siemens and OnePLM as our exclusive design software partners to support startups to bring their hardware product to market quicker. The partnership will support startups who are building and manufacturing a physical device or product to access free of charge or heavily discounted CAD, CAM and CAE software through Siemens Solid…
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