Cell technology spinout Impulsonics closes £450k funding

Impulsonics founders at NEC competition

Impulsonics has closed its first funding round to advance the development of its unique biotech automation platform and begin customer trials. Impulsonics is an award-winning cell technology spinout from the University of Bristol’s Ultrasonics and Non-Destructive Testing Research Group, building on over a decade of deep research and leveraging world-leading expertise in acoustics. The company…

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Call out for women founders looking for business support 

Enterprising Women 3.0 group

We’re thrilled to launch Enterprising Women 4.0, our free business support programme for aspiring women founders, kindly funded by NatWest. Enterprising Women is open to early-stage founders in the UK who identify as women or non-binary assigned female at birth with tech, tech-enabled or non-tech startups, business ideas or side hustles. Over the course of…

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Battery development startup Celltris receives £0.8 million investment

Celltris team - six people in manufacturing space smiling wearing black Celltris jumpers

Bristol-based battery startup, Celltris has received a substantial boost in investment towards its mission to eliminate wasted internal space in lithium-ion cells, the rechargeable batteries used in electric vehicles. The company has announced the closure of a £0.8m combined equity and grant investment round which was led by QantX and supported in partnership with UKRI’s…

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Medtech startup Neuronostics raises over £2 million

Neuronostics team - nine men and women smiling, wearing business casual

Multi-award-winning medtech startup, Neuronostics, has raised more than £2m in funding to develop its pioneering epilepsy diagnosis technology. The company received £2.1m in an oversubscribed seed funding round led by the Ascension Life Fund. Chris Wheatcroft, Investment Director at the Ascension Life Fund said: “We are delighted to have invested in Neuronostics, whose software as…

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SETsquared Bristol companies create a record 300 new jobs

Fourteen people in Actuation Lab team outside in front of building with Actuation Lab logo

We are pleased to announce that our member companies created a record 300 new jobs in 2023. They also generated over £45 million in revenues and raised a combined £50 million in funding. The sectors with the highest number of jobs created were fintech, healthtech and engineering. Seventeen of the new jobs were created by…

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Winners announced – Innovate UK Unlocking Potential Award

Two of the women founders of Eleria standing together smiling in front of foliage

Four SETsquared Bristol companies have secured funding from Innovate UK’s Unlocking Potential: Build Award to accelerate their innovations into development. Eleria, Inclued AI, MyCoPilot.ai and SpatialCortex Technology have each received a £50k grant and access to tailored mentorship and support programmes. The Innovate UK competition is investing a combined £6.2m into innovative projects with the…

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Bristol startups pitch at SETsquared’s 20th annual investment event

Kailash Manohara Selvan from SpatialCortex with Jack Jordan Connelly at SETsquared Investment Futures event

Six of our companies were selected to present their startups at SETsquared’s Investment Futures 24 showcase in London this November. Investment Futures is an annual high-profile occasion that over its 19-year history has showcased hundreds of the best UK technology, science and innovation-led startups across six SETsquared centres, helping them raise more than £160m. SETsquared…

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Biotech startup Impulsonics awarded £300,000 Innovate UK grant

Impulsonics founders at NEC competition

Bristol-based startup, Impulsonics has been awarded the prestigious ICURe spinout support grant of £300,000 to enable the development of its unique technology platform for biotech automation. The grant will enable the company to develop its flexible acoustic platform for key applications in the process of growing cells in order to streamline cell culture automation. This…

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Siloton co-founders awarded Institute of Physics’ Clifford Paterson Medal

Siloton founders, 2 men wearing blue shirts in front of trees

Dr Alasdair Price and Dr Euan Allen, Co-founders of healthtech startup Siloton, have been awarded the Institute of Physics’ Clifford Paterson Medal for ‘exceptional early-career contributions to the application of physics in an industrial or commercial context’.  Siloton joined SETsquared Bristol’s incubation programme in January 2023 to further develop its innovative diagnostic imaging technology to…

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