Posts Tagged ‘setsquared Bristol’
DRIFT Energy plans first green hydrogen-producing vessel build following seed investment
DRIFT Energy has announced the close of its seed funding round led by Octopus Ventures, and with support from Blue Action Accelerator, the company has secured a total of £4.65 million seed investment. The climate tech startup joined our incubation programme in January 2023 with the goal to make green energy at sea using hi-tech…
Read MoreFluoretiQ patent granted to enable fast and accurate antibiotic testing
Bristol-based biotech company, FluoretiQ, who is developing fast and accurate point-of-care testing for Urinary Tract Infections (UTIs) and Sexually Transmitted Diseases (STDs), has taken a significant step forward after having a key patent granted. The University of Bristol spinout joined our incubation programme in 2021 with the vision of enabling more targeted antibiotic use and mitigating…
Read MoreGenomeKey awarded $11.4M to transform sepsis diagnosis and treatment
GenomeKey has been awarded a major grant from Combating Antibiotic-Resistant Bacteria Biopharmaceutical Accelerator (CARB-X) to build a functioning, automated prototype of their desktop diagnostic device. The Bristol-based company joined our incubation programme in 2020 with a vision to build an in vitro diagnostic device that would completely transform the way we diagnose and treat sepsis…
Read MoreClimatetech innovators develop solution to combat wildfires
Wildfires pose significant threats worldwide, impacting ecosystems and communities and exacerbating climate change. The combination of climate change, dry conditions and human actions has led to more frequent and intense fire seasons, with 2024 seeing wildfires spread across Southern Europe, the US and South America. To address this challenge, our alumnus, fire detection company Optect,…
Read MoreSETsquared Bristol companies shine at The SPARKies 2024
The recent SPARKies Awards night, hosted at Central Warehouse in the heart of Bristol, brought together the region’s tech and digital leaders to celebrate excellence in the West. SETsquared member companies from across the South West were recognised for their achievements in various sectors, including biotech, createch, sustainability, and cyber. Out of 14 award categories,…
Read MoreiCOMAT raises $22.5m to automate advanced composite manufacturing for sustainable transport
iCOMAT, a SETsquared Bristol alumnus and University of Bristol spinout, has closed its Series A funding round, securing $22.5m (£17.6m) to deliver lighter transport solutions faster and at a lower cost. The demand for faster, cleaner and more sustainable transport solutions has never been greater. iCOMAT is one of the leading manufacturers of advanced composite structures…
Read MoreSustainable student startup winners join SETsquared Bristol
We are pleased to welcome two sustainable student startups to our Quest incubation programme as winners of the New Enterprise Competition. The New Enterprise Competition is the University of Bristol’s longest running startup competition which awards £35,000 of funding to entrepreneurial students, staff and alumni each year. SLANT and Weaving Change will join our community…
Read MoreHealthtech spotlight: Jack Fertility
Jack Fertility has recently launched its £500K fundraising campaign to bring the world’s first home-to-lab sperm test kit to market. We had a chat with Co-founders, Lily Elsner and Nick Shipley, to hear their story… Jack Fertility at a glance: Start date: 2022 Market sector: Healthtech Location: Oxford Number of employees: 3 Amount of funding raised: £125k + government…
Read MoreWave Photonics secures £4.5m to deploy light-based chips for quantum technologies
Our alumnus, Wave Photonics, has received £4.5m funding to develop a new range of on-chip photonics designs for quantum technologies, sensors and datacentre applications. Since 2021, the Cambridge-based startup has been working to reimagine the photonics product development cycle. Integrated photonics share the same scalable process as semiconductor electronic chips, however, the journey of taking…
Read MoreThe least answered question when preparing for investment
Kevin Simmons, Entrepreneur in Residence at SETsquared Bristol, reflects on the best way to improve the odds of getting investment for your tech business. “No matter how ‘investor ready’ you may be, if the investor is not ‘ready’ for you, then your business will not secure the investment it desires.” “How do I make my business…
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