Rosa Biotech secures £415,000 to accelerate early disease screening

Three Rosa Biotech scientists in lab looking at samples

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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Milbotix: Transforming dementia care with SmartSocks™

Zeke Steer, Founder of Milbotix with Smart Sensor Sock. Photo credit to St Monica Trust

Following our company Milbotix’s recent investment from Alzheimer’s Society and £1.15m in non-dilutive funding awards, we had a chat with CEO, Dr Zeke Steer, to hear his story… Milbotix key facts Start date: 24 February 2020 Market sector: Healthtech/wearables/IoT Location: Bristol and Oxford Number of employees: 8 Company growth status: Startup Milbotix is partnered with the UK Dementia Research Institute and University…

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Welcome to our new Advisers in Residence

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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Ethical Equity: A funding revolution for fair access to capital

Ali Kazmi, Founder of Ethical Equitym, smiling in a suit at Bristol's harbour

We had a chat with Ethical Equity and AI Simulator Founder, Ali Kazmi, to hear his story… Ethical Equity key facts Start date: 13 Aug 2019 Market sector: Fintech Location: Bristol Number of employees:  5 core members Company growth status: Growth In your own words what does Ethical Equity do? Ethical Equity’s raison d’être is to improve…

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Milbotix announce investment round and grant funding for SmartSocks™

Zeke Steer, Founder of Milbotix with Smart Sensor Sock. Photo credit to St Monica Trust

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 funding raises led by women

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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Stewart Noakes: Becoming investment ready

Stewart Noakes, Entrepreneur in Residence at SETsquared Bristol, shares his guide to becoming investment ready for technology startups. So, you want to raise seed funds for your idea, but with so much information out there it can be hard to find where you should start. Every investor seems to ask you something different and when you’ve…

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Safetytech startup spacebands overfunded at £1m investment

spacebands founders smiling sitting on sofa in living room

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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Voltric: Tech-enabled solutions for electric vehicle driving

Julian Mensah, Founder of Voltric

Following our member Voltric’s recent seed fundraiser launch and significant pre-seed investment round, we had a chat with Chief Executive, Julian Mensah, to hear his story… Voltric key facts Start date: January 2020 Market sector: Mobility Location: Newport Number of employees: 5 Company growth status: Seed stage In your own words tell us what Voltric does? Voltric provides electric vehicles…

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Bristol startups shine at SETsquared@20 Investment Showcase and Impact Awards

Kim and Optect at Invest 2022

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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