Bristol robotics company, Perceptual Robotics, is slashing the cost of maintaining wind turbines is flying high after securing £1.6million in its latest funding round. Perceptual Robotics uses autonomous drones to map turbines, before passing the images onto a cloud-based artificial intelligence system which processes them to detect damage. The company’s founders, who met at the […]

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There is only one week left to apply for the 2021 Autumn edition of Silicon Gorge Investor Showcase! Don’t miss out on this fantastic opportunity to accelerate your business to its next level – apply to take part here. The Investor Showcase is open to Tech & Creative companies based in the South West of […]

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I started writing this update last week and had a cracking introduction (even if I do say so myself) lamenting the lack of Indian Summer… and now a week later I’m starting to wonder whether my writing has special weather influencing powers! In the meantime though, you’ll be glad to hear that the investment news […]

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Founded at the start of the pandemic in March 2020, Stratiphy is a SETsquared-backed startup which is crowdfunding to democratise personalised investment strategies. The Silicon Gorge finalists kicked off their crowdfunding campaign with a flying start as co-founders Daniel Gold and Nikki Hawkes celebrated raising over their £200k target in less than 2 hours after […]

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Karshare, the community car-sharing app, has announced a £3million pre-series A round. In addition to existing strategic investors Fullbrook Thorpe, Adjuvo Syndicate and other angel investors. Karshare is delighted to announce a significant investment by Saracens Football Rugby Club owner Nigel Wray. Wray said: “We are delighted to be backing Andy Hibbert and his team […]

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The Silicon Gorge Investment Pitching competition will allow 12 of the most exciting early-stage tech and creative startups in the South West and South Wales the opportunity to pitch to a room of investors from across the region and beyond at an Investor Showcase on 10th November 2021. Applications to take part are open from […]

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Dancerace has announced that they are the first software investment from Newable Capital. This follows their existing interests in medicine, AI, space and robotics technology. Newable, supports UK growth companies with funding, advice and resources. This comes on the tail of over £176m invested in the area in July! Dancerace selected Newable Capital for its commitment to supporting […]

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Regular readers may remember that I celebrated £90 million+ raised in equity funding by businesses across the Southwest in June. Well, it seems that the celebration was perhaps a little premature because, in July, we nearly doubled that amount! Yes, you heard me right, companies raised a little over £176 million in equity funding in […]

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TravelLocal, has announced that it has merged with Berlin-based trip.me, and raised additional funding from existing growth investors. The merger creates significant online marketplaces for tailor-made travel, with a strong presence in English-language and German-language markets. Given the anticipated boom in demand after the pandemic both management teams and their investors see a once-in-a-generation opportunity […]

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Elvie, the revolutionary global health and lifestyle brand developing iconic products for women, has raised a £58m ($80m) investment.  The funding round was led by BGF, with further investment from BlackRock Private Equity Partners, Hiro Capital and Westerly Winds. Alsol existing investors Octopus Ventures and IPGL reinvested. Founded in 2013 by Tania Boler, Elvie brings […]

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