Expansion at Bristol enterprise software developer StorMagic is to be accelerated after receiving a “significant investment” from a specialist private equity growth fund. StorMagic, which has taken thousands of clients around the world since launching in 2006, recently introduced a new full-stack software solution that can save customers significant...
Ultimate Finance, the Bristol-based specialist asset-based lender, is looking to further grow its loan book after securing £370m in wholesale funding for the next three years. The firm, owned US private investment firm Tavistock Group, said the new funding would also allow it to diversify its asset-based lending business...
Seven pioneering Bristol creative start-ups have joined a programme aimed at helping them unlock opportunities for growth and investment by harnessing the power of AI. The firms will work with the BBC and Amazon’s cloud computing subsidiary Amazon Web Services (AWS) to explore how AI can improve creative operations,...
Bristol-based specialist aircraft firm AERALIS’ plan to develop the first fully British military jet since the 1970s has taken another step forward following a partnership deal with a major US aero-maintenance group. Under the Memorandum of Understanding (MOU) with StandardAero, the two companies will explore opportunities for collaboration across...
Annual revenue growth at Bristol-headquartered national law firm TLT has gone back to double digits with a 12% rise in its last financial year. The increase, which took turnover to £174m for 2023/2024, follows a 9% rise in the previous year. That contrasted with the three previous years when...
Advanced engineering firm Viper Innovations is targeting new markets and further international growth after changing ownership through a management buyout. The Portishead-headquartered firm, which was launched in 2007, has become a lead innovator in developing products that monitor, detect and locate cable insulation and conductor faults. Having initially worked...
Bristol-based SLX, one of the UK’s leading providers of technology for live events, culture and sports, is to play a lead role in staging the 2024 Olympics, which officially opens in Paris this evening. As the official supporter for broadcast lighting and rigging, the firm will work at 29...
A Bristol Brazilian Jiu Jitsu association operating two clubs in the city has received £390,000 from impact investor BBRC (Bristol & Bath Regional Capital) to expand its community-focussed operations. Roger Gracie Bristol already generates social impact with initiatives that bring people in personal crisis ‘onto the mats’ through interventions,...
Bristol Airport is celebrating the success of its efforts to get more passengers and staff to use its bus links – with the number soaring past 100,000 in a month for the first time. Last month nearly 110,000 people travelled on the A1 Airport Flyer, which links the airport...
More than £11m has been lent to start-up firms across the South West ranging from a sewing café to a mobile cocktail bar over the past year under a programme run by the British Business Bank. Since its launch in 2012, the Start Up Loans scheme has supported more than 9,000...
Law firm Thrings has extended its support for a podcast created by farmer and BBC Countryfile host Adam Henson that champions wellbeing and mental health in the farming sector. Keeping on Track was launched at the beginning of this year to encourage people in the farming community not to...
Regional construction group Beard has appointed its first social value manager – a role it has set up to ensure its projects deliver wider social, economic and environmental benefits. Paula Baleson, pictured, takes up the post after two years as Beard’s communications manager based in its Bristol office. She...
Funding secured from growth finance group BGF’s Bristol team is powering major international expansion at a UK-based clean-energy engineering company. Severn Drives & Energy (SDE), which BGF supported last year with a ‘significant’ investment, has set up a manufacturing plant in the US to meet rising customer demand for...
