High-growth tech entrepreneurs pitched for a share of more than £25m backing when they took part in SETsquared’s annual Accelerating Growth Investment Showcase recently.
Three of Bristol’s most exciting start-up businesses presented their innovative products and services for a range of sectors, including medtech and social tech, smart cities and engineering, and digital and mobile.
Each company sought financial backing from an audience of more than 200 investors and corporates at the event, held in Euston Square.
Organised by the business incubator, SETsquared, who provided mentoring support and comprehensive pitch training, the showcase put its start-ups face-to-face with angel investors, venture capitalists, high-net worth individuals and corporate investors.
The Bristol companies pitching for investment were:
· Inductosense Ltd – which has developed embeddable, battery-free sensors, systems and analytics for fast, repeatable, through-life detection of cracks, corrosion or defects in structures
· Inclusive Media Solutions Ltd – which has created EasyVideo, which enables adults with learning disabilities to scan household items with any smart device and plays a video of how to use it
· VRGO Ltd – which has created a wireless, hands-free, motion-controlled chair for use with virtual reality games, designed to fit into typical living spaces
Monika Radclyffe, SETsquared centre director at the University of Bristol, comments: “Yet again, I was delighted and very proud to see huge enthusiasm and commitment from the companies that SETsquared supports at this year’s Accelerating Growth investment showcase.
“There is a real appetite among investors to partner with SETsquared’s high-growth potential technology companies and their engaging pitches really created a buzz at the event.
“It was promising to see many positive conversations taking place between the start-ups and investors at the showcase. We hope this networking opportunity will result in even more success stories for Bristol’s budding entrepreneurs over the next year.”
Over the last 14 years SETsquared has helped more than 1,000 businesses raise over £1bn in investment, as well as contributing over £3.8bn in GVA (Gross Value Added) to the UK economy. .