Posts Tagged ‘Investment’
Femtech 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 MoreSETsquared Bristol tech companies raise record investment
We are thrilled to announce that our companies attracted a record investment of £98.8 million in 2021. The figure was equivalent to 15% of the total £636 million raised by Bristol businesses last year, evidence of a promising market recovery since Covid. More than half of our 80 companies raised investment in 2021, including alumnus…
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 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…
Read MoreAirway Medical complete first working prototype
Our member, Airway Medical, in collaboration with the University of Portsmouth and Versarien PLC have announced the conclusion of their project to further the development of The AMSU™ – a novel airway suction device that will soon be helping to save the lives of patients with blocked airways and improving the well-being of people with…
Read MoreLatchAid case study: Using tech to support breastfeeding and motherhood
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 LatchAid Founder and CEO, Dr. Chen Mao Davies… LatchAid Key Facts Start date: July 2018 Market sector: Femtech Location: Bristol Number of employees: 3 Amount…
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