Chance for Bristol firms to support unique event championing refugees’ positive impact on the city

July 26, 2024
Chance for Bristol firms to support unique event championing refugees’ positive impact on the city

Businesses are being invited to support a gala dinner in Bristol to showcase the positive impact of refugees and migrants on the city and the wider UK – with a keynote speech by Olympic gold medallist Sir Mo Farah. ‘The Welcome Party’ will celebrate individual success stories of refugees...

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

July 26, 2024
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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Banks agree new £370m funding line for Ultimate Finance as it looks to build on strong deal pipeline

July 26, 2024
Banks agree new £370m funding line for Ultimate Finance as it looks to build on strong deal pipeline

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...

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

July 26, 2024
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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Latest link-up for fledgling Bristol modular military aircraft firm as it prepares for take off

July 26, 2024
Latest link-up for fledgling Bristol modular military aircraft firm as it prepares for take off

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...

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TLT hails its ‘progressive workplace agenda’ for return to double-digit annual revenue growth

July 25, 2024
TLT hails its ‘progressive workplace agenda’ for return to double-digit annual revenue growth

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...

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Management buyout team at Viper Innovations ready to lead the firm into new era of expansion

July 25, 2024
Management buyout team at Viper Innovations ready to lead the firm into new era of expansion

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...

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SLX to help light up Paris Olympics as it wins new business and races towards goal of a £30m turnover

July 25, 2024
SLX to help light up Paris Olympics as it wins new business and races towards goal of a £30m turnover

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...

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Social impact fund backs Brazilian Jiu Jitsu organisation’s growth plan to support more vulnerable people

July 25, 2024
Social impact fund backs Brazilian Jiu Jitsu organisation’s growth plan to support more vulnerable people

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,...

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