Technology

Bristol air-taxi firm lands new funding agreement as it looks to take pioneering project to next level

November 29, 2024
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Bristol air-taxi firm lands new funding agreement as it looks to take pioneering project to next level

Vertical Aerospace, the Bristol firm developing an innovative electric-powered ‘flying taxi’, has delayed its into service by two years as it agrees a multi million pound refinancing. The move means the firm can continue the test programme for its revolutionary vertical take-off and landing (VTOL) VX4 aircraft, with a...

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Major Euro-wide biotech deal latest transaction in fast-growing sector completed by Shaw & Co

November 28, 2024
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Major Euro-wide biotech deal latest transaction in fast-growing sector completed by Shaw & Co

Bristol-based corporate finance advisory firm Shaw & Co has advised the shareholders of leading UK life science research supplier AMSBIO on its sale to Dutch group Europa Biosite. Headquartered in Abingdon, Oxfordshire, AMSBIO is a premier provider of life science products and services with expertise in biospecimens, stem cells...

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National investment firm launches £50m regional fund for ambitious South West businesses

November 22, 2024
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National investment firm launches £50m regional fund for ambitious South West businesses

A £50m fund to help the growth of small and medium-sized firms across the South West has been launched by investment group Foresight – with an office in Bristol due to open to support it. FTSE 250 listed Foresight already manages a number of regionally focused private equity and...

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Funding for integrated photonics firm aiming to trigger a ‘paradigm shift’ in rapidly developing sector

November 21, 2024
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Funding for integrated photonics firm aiming to trigger a ‘paradigm shift’ in rapidly developing sector

A Bristol tech firm at the cutting edge of the integrated photonics industry has raised £600,000 to launch a ‘game-changing’ platform aimed at accelerating product development in the fast-growing sector. Light Trace Photonics will use the capital injection from QantX Ventures, the regional investment firm that backs high impact...

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First Tech4Good South West ‘champions’ recognised for using technology to benefit society

November 20, 2024
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First Tech4Good South West ‘champions’ recognised for using technology to benefit society

Four individuals who are using technology to drive positive change and generate social impact have been chosen as the first cohort of ‘champions’ for Tech4Good South West, the not-for-profit organisation on a mission to strengthen links between society and technology. The four were selected by a panel of experts and...

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Acquisition of innovative study tool handled by Evelyn Partners’ Bristol corporate finance team

November 19, 2024
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Acquisition of innovative study tool handled by Evelyn Partners’ Bristol corporate finance team

Corporate finance experts in the Bristol office of professional services group Evelyn Partners have worked on a key deal in the fast-developing UK edtech market. The team acted as lead advisor to the shareholders of the takeover or Scholarcy, a streamlined and user-friendly study tool that helps students and...

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New funding for Neighbourly as it looks to build on its near-£1bn of impact investment in communities

November 15, 2024
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New funding for Neighbourly as it looks to build on its near-£1bn of impact investment in communities

Neighbourly, the pioneering Bristol-based community engagement platform, has secured funding to support its growth and accelerate its embedded AI capabilities. Launched in in 2014, Neighbourly helps businesses deliver employee volunteering programmes, provide financial support and donate surplus products to thousands of vetted local charities and good causes across the UK...

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Fast-growing fintech firm on mission to disrupt credit risk market backed by LDC

November 7, 2024
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Fast-growing fintech firm on mission to disrupt credit risk market backed by LDC

Private equity funder LDC’s Bristol office has invested in a fintech to help it scale its presence in the UK’s rapidly expanding decisioning software and data market. LDC said the investment in credit risk technology firm LendingMetrics would help it accelerate new product development in its core financial services...

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PR agency’s thoughtful leadership podcast to explore challenges faced by today’s business chiefs

November 1, 2024
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PR agency’s thoughtful leadership podcast to explore challenges faced by today’s business chiefs

Bristol communications agency Ambitious has launched a podcast series shedding light on thought leadership – with one of the city’s most successful entrepreneurs of recent years as its first guest. Dr Zara Nanu co-founded Gapsquare, where she combined her passion for human rights with the power of data analytics...

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SETsquared event will tackle future funding for spin-outs while offering firms chance to pitch to investors

October 31, 2024
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SETsquared event will tackle future funding for spin-outs while offering firms chance to pitch to investors

Three Bristol deep tech spin-out businesses will be vying for investment of up to £2m at a high-profile event aimed at shaping the tech investment landscape. The innovative firms will line up against 17 other businesses at Investment Futures in London, which will also feature panel and roundtable discussions on...

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Budget 2024: Adele Clapp, tax director, Bishop Fleming. Double whammy of tax rises for employers

October 30, 2024
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Budget 2024: Adele Clapp, tax director, Bishop Fleming. Double whammy of tax rises for employers

Employers have been heavily impacted by this Budget. Employers’ National Insurance Contributions (NICs) will increase by 1.2% to 15% from April 2025. And the threshold at which it becomes payable has decreased from £9,100 to £5,000. That double whammy of tax rises is partly offset by the Employment Allowance increasing...

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Budget 2024: Peter Ball, tax partner and head of private client, Bishop Fleming. Reeves springs immediate changes in Capital Gains Tax

October 30, 2024
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Budget 2024: Peter Ball, tax partner and head of private client, Bishop Fleming. Reeves springs immediate changes in Capital Gains Tax

As widely expected, the Chancellor has increased the rate of Capital Gains Tax (CGT) from Budget Day itself, so any transactions occurring on or after today are affected. That means that any potential window that could have arisen, had the increase been delayed until April 2025, has been closed. ...

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Budget 2024: Regional business reaction. Increased tax burden could stifle Bristol firms’ growth

October 30, 2024
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Budget 2024: Regional business reaction. Increased tax burden could stifle Bristol firms’ growth

Tax rises in the Budget aimed at companies could slow much-needed economic growth and undermine investment decisions, the region’s largest business organisation fears. Business West, the organisation behind Bristol Chamber of Commerce, said it recognised that the Chancellor faced a tight fiscal position and so had to make hard decisions....

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