Mercia 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…

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Rugged composite hardware company Actuation Lab awarded £300k InnovateUK funding to support spin-out

To perform “actuation” is to put something into motion. SETsquared Bristol virtual member, Actuation Lab, a company born in the University of Bristol’s Composite Institute (ACCIS), is now in motion having received a £300k grant to spin-out of the University. SETsquared Bristol member Actuation Lab is addressing the problems of high servicing requirements and poor…

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UK agri-tech company, LettUs Grow, raises £2.35 million as demand for vertical farming technology rises

SETsquared Bristol virtual member, award-winning vertical and indoor farming technology company, LettUs Grow, has announced today that it has secured £2.35 million in seed funding. The investment round was led by Longwall Venture Partners LLP. The recent Intergovernmental Panel on Climate Change Special Report states explicitly that climate change is threatening global food security with…

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Immersive Labs raises $40 million in Series B funding

SETsquared Bristol virtual member Immersive Labs has announced investment success securing $40 million in funding led by global growth equity investor Summit Partners and existing investor Goldman Sachs. Immersive Labs is an on-demand, continuous and trackable cyber skills development platform that is designed to enable both security specialists and business users to step into real-world…

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