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 a range of sector-related topics.
The event is being staged later this month by SETsquared, the world-class group of incubators backed by the University of Bristol, following a successful debut last year.
The Bristol firms pitching at Investment Futures are:
- CDotBio, an agritech business looking to transform agriculture through advanced technology that prioritises safety and effectiveness. It is seeking investment of £2m.
- Ferryx, a HealthTech firm which has produced the first probiotic to improve gut health during periods of stress or active gut inflammation. It is hoping to raise £1.5m.
- Supersmith, which has created an innovative, seated electric scooter that is safer, more inclusive and more appealing than traditional mobility scooters. It is looking for an investment of £900,000.
Investment Futures comes hot on the heels of SETsquared’s joint announcement of plans for a new £300m spin-out investment vehicle with QantX, the Bristol-based investment firm that backs high impact innovations. to catalyse the creation and growth of science and technology companies that are addressing global challenges.
SETsquared executive director Marty Reid said: “It’s fantastic to see another high-quality line-up of pitching companies for our Investment Futures event.
“Given our recent announcement of a spin-out investment vehicle, it’s encouraging that 30% of these ventures are spin-out companies.
“These are complemented by graduates of Innovate UK’s ICURe Programme, members of our world-leading business acceleration centres and our specialist sector support programmes.”
He said investors could be assured of the quality of the investment opportunities they will see at the event.
SETsquared was set up in 2002 by a small group of research-intensive universities in the South of England, including Bristol, with a mission is to help turn innovative sparks into a thriving, commercial businesses.
Since then it has been the launchpad for more than 5,000 innovators by providing them with a range of support programmes that help them develop, grow and attract investment and funding.
It has also supported its member companies to raise in excess of £5bn in investment.
Its six university partners – Bath, Bristol, Cardiff, Exeter, Southampton and Surrey – have a combined research portfolio of over £600m and together have created 230 spin-out companies.
Investment Futures takes place at the CodeNode event space in the City of London on 19 November.
