Posts Tagged ‘funding’
GenomeKey raise Innovate UK funding to drive life-saving next-gen sepsis diagnostic
Our member GenomeKey, has secured an Innovate UK Biomedical Catalyst research award of £950,000 towards faster diagnosis and treatment of sepsis, one of the world’s most deadly diseases. The funding will enable the Bristol-based research and development company to provide rapid bacterial species identification and antimicrobial profiling in the hospital, which will save lives, save money,…
Read MoreWearable tech startup SpaceBands launch crowdfunding campaign
Our member Spacebands, who create wearable technology solutions to make workplaces safer, has launched a crowdfunding campaign on Seedrs to help with their next stage of business growth. Investment from Development Bank Wales, Henley Business Angels and Southern Angel Investors Club has contributed to the funding round. After gaining extensive press coverage and 1000+ customers…
Read MoreFemtech startup LatchAid secures £1m seed funding
Our member LatchAid, an award winning breastfeeding and early parenthood support innovator, has closed its seed funding round with an ultra-competitive £510k Innovate UK Innovation Loan, bringing total investments to £1m, as testament to its ground-breaking technology and user traction. LatchAid was founded by Dr Chen Mao Davies, a R&D specialist who previously worked on the Oscar (Academy Award)…
Read MoreFluoretiQ announces the closure of £1.1 million funding round
Our member and University of Bristol spin-out, FluoretiQ, has today announced the completion of a £1.1 million, pre-series A investment. Their pioneering NANOPLEX technology is a 15-minute proprietary diagnostic platform for bacterial infections. The round was led by early-stage life science investors, Deepbridge Capital LLP, with significant participation from MAINStream, OION, SAIC and existing investors. This…
Read MoreInvestment app to go live after smashing crowdfund target
Following their successful crowdfund raise of more than £440,000, SETsquared Bristol member, Stratiphy, a London-based fintech startup, will soon be launching an investment app. The app will allow users to trade according to risk profile, industry preferences and sustainability criteria. It uses powerful analytics to perform backtesting in seconds and compare multiple strategy scenarios. Stratiphy was set…
Read MoreStornaway.io wins Audience of the Future Award to automate Unity game creation for multiple platforms
Our member, interactive filmmaking platform, Stornaway.io, have been awarded an Audience of the Future award by Innovate UK to let creators easily author interactive video stories for multiple platforms including major game, mobile, desktop, film, TV and video on demand platforms, via a simple automated integration with Unity. The first interactive feature film created in…
Read MoreMercia announced as new Investor in Residence service for SETsquared Bristol companies
We are pleased to announce Mercia Asset Management as the new Investor in Residence service for our member companies offering monthly one-to-one investment advice clinics starting in February. One of the UK’s most active investors, Mercia is exclusively a UK domestic investor with a focus on regional businesses that are seeking venture, private equity or…
Read MoreUltraleap raise £60 million in Series D fundraise
Our alumnus and University of Bristol spin-out, Ultraleap, the world leader in interface technologies – hand tracking and mid-air haptics – today announced it has completed a £60 million ($82 million) Series D round of investment. The raise will enable Ultraleap to further develop and commercialise its revolutionary technologies for existing and next generation computing platforms. Significant new investors including Tencent, British…
Read MoreForth raise £1.6m to launch ground-breaking femtech product
SETsquared Bristol member, Forth, is set to capitalise on the growth in the female science and technology market as it has secured £1.6m funding to support the launch of its ground-breaking female health product. Leading the team at Forth is CEO and Co-founder Sarah Bolt. She said: “Today, more and more people are realising that…
Read MoreFluoretiQ case study: Revolutionising bacterial diagnostics
To help our aspiring entrepreneurs and future SETsquared Bristol members, we showcase member and alumni case studies demonstrating the breadth of tech at SETsquared Bristol and what it takes to achieve success. We had a chat with FluoretiQ Co-founder and CEO, Neciah Dorh… FluoretiQ Key Facts Start date: 2 March 2017 Market sector: Healthcare (Diagnostics) Location: Bristol Number of employees: 10…
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