Technology

Praise for Evelyn Partners’ Bristol team as it completes another international tech business deal

August 1, 2024
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Praise for Evelyn Partners’ Bristol team as it completes another international tech business deal

National accountancy group Evelyn Partners’ Bristol corporate finance team has been commended by the MD of a UK software developer for its role in the sale of the business to a leading global technology company. Led by director Paul Stagg, Evelyn Partners’ the team acted as lead advisor on...

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Specialist fund backs Bristol edge-computing pioneer’s growth plans amid software market shake-up

July 26, 2024
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Specialist fund backs Bristol edge-computing pioneer’s growth plans amid software market shake-up

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...

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Cohort of Bristol creative firms chosen to take part in BBC and Amazon-backed AI accelerator

July 26, 2024
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Cohort of Bristol creative firms chosen to take part in BBC and Amazon-backed AI accelerator

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,...

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AI-led in-cab technology puts Grundon’s drivers on road to improved safety and fuel efficiency

July 23, 2024
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AI-led in-cab technology puts Grundon’s drivers on road to improved safety and fuel efficiency

Waste management vehicles operated by Grundon on Bristol’s roads will soon boast some of the industry’s most-advanced safety features following a £750,000 investment by the company. The firm, which opened its St Philips depot four years ago, is equipping all its 300-plus strong commercial fleet with connected operations platform over...

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National tech award shortlisting for Bristol firm on a mission to supercharge global crop growth

July 19, 2024
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National tech award shortlisting for Bristol firm on a mission to supercharge global crop growth

A Bristol firm aiming to revolutionise the way crops are grown without increasing greenhouse gases has been named South West and Wales Innovator in a contest to find the UK’s most exciting tech businesses. Glaia, which was founded in 2019 by two former University of Bristol scientists, is developing...

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Japanese takeover will set up Bristol tech ‘unicorn’ Graphcore to challenge global AI chip giants

July 12, 2024
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Japanese takeover will set up Bristol tech ‘unicorn’ Graphcore to challenge global AI chip giants

Bristol-based specialist semiconductor maker Graphcore, the city’s first tech ‘unicorn’, is poised to take on the global giants of the industry after being acquired by Japanese investment group SoftBank. Graphcore, which launched in Bristol in 2016, said its head office would remain in the city and become a launchpad...

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Bristol tech pioneers sweep the board as The SPARKies annual awards put the city on the spotlight

July 12, 2024
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Bristol tech pioneers sweep the board as The SPARKies annual awards put the city on the spotlight

Bristol’s top tech talent has again won big at the West of England’s most prestigious awards scheme for the sector. Firms and individuals from the city triumphed in 12 of the 17 categories of The SPARKies, the annual awards that champion the best of the region’s tech and digital...

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Bristol bounces back as magnet for overseas investment with South West outpacing London for growth

July 12, 2024
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Bristol bounces back as magnet for overseas investment with South West outpacing London for growth

More than 6,000 jobs were created in Bristol and across the South West last year as investment by overseas firms in the region recovered to its strongest for six years. The South West attracted 43 Foreign Direct Investment (FDI) projects in 2023 – a 23% increase on the previous...

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Boost for burgeoning life sciences sector in Bristol as city’s expertise is harnessed for new partnership

July 10, 2024
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Boost for burgeoning life sciences sector in Bristol as city’s expertise is harnessed for new partnership

Bristol’s burgeoning life sciences ecosystem is to be strengthened through a new partnership that brings together some of the major players in the sector across the region. South West Life Sciences has been set up and is being led by the University of Bristol’s Translational Research Hub.  It aims...

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Labour’s pre-election backing for innovation incentives could now deliver boost for Bristol businesses

July 5, 2024
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Labour’s pre-election backing for innovation incentives could now deliver boost for Bristol businesses

Bristol’s status as a hotbed for innovation could be strengthened if the new Labour government sticks to commitments over support for research and development made ahead of the General Election, according to a city-based accountant. Sam Wood, pictured, a tax specialist at Albert Goodman, said Labour had pledged to...

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‘Hearing’ sensors that could put self-driving vehicles safely on the road developed by Bristol firms

July 5, 2024
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‘Hearing’ sensors that could put self-driving vehicles safely on the road developed by Bristol firms

Two Bristol-based tech firms working on developing self-driving vehicles have teamed up with Cranfield University to improve their safety by using 3D ultrasound. Calyo and Benedex Robotics have joined forces with Cranfield University in the new partnership, which aims to develop a functional safety sensing platform capable of operating...

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Period of major economic growth forecast for the region following General Election, survey says

July 5, 2024
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Period of major economic growth forecast for the region following General Election, survey says

Nearly half of South West businesses believe the General Election will lead to significant economic expansion in the region over the next six months, a new survey has revealed. Research commissioned by accountancy firm Monahans, which has seven offices in the region, shows 47% of business owners are confident...

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Business West urges new Labour government to invest in region so it can meet its full economic potential

July 5, 2024
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Business West urges new Labour government to invest in region so it can meet its full economic potential

The organisation behind Bristol Chamber of Commerce has called on the newly elected government to ensure the West of England’s potential is fully harnessed, including investing in its growth sectors such as green energy. Business West welcomed Labour’s commitment to an “enduring partnership” with business to deliver the economic...

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