Wow, what a month – it certainly should be a time for a celebration as Spring has arrived and nearly £19m equity investment has been secured in the last few weeks in the West of England. We have seen companies from pharmaceuticals to radio technology, and much more between, announcing their new funding publicly, read on to find out more. 

Of the almost £19m raised by companies in the West of England in March,  £18,500,000 was publicly disclosed and gives us lots to celebrate:

Across the wider South West there were more good investment news stories to report – Invstr (registered in Devon) announced a $20M Series A for its social investment app. You might remember Data Duopoly (a Cornwall based tech company that works to improve the visitor experience in venues worldwide) from Silicon Gorge 2020 also shared news of funding success thanks to match funding unlocked from Aerospace Cornwall and the European Space Agency.

If you are an investor and you’re interested to find out more about the investment opportunities that are available in the South West, do join us for Silicon Gorge – our bi-annual pitch competition – where 10 local companies will pitch for £100k – £2m. 2pm on 29th April  If you can’t make it for the event, sign up for our newsletter (details below) and we’ll be sure to share more information in due course.

This month we welcomed nearly 70 community members into our virtual event space for the first Quarterly Investment Briefing of 2021. These events are an opportunity for investors to network, share and learn and the focus of our event was ‘angel investment.’ We heard about Michelmores MAINstream angel group, and learnt about Envestors perspective on investment. To expand our perspective internationally we also welcomed JPIN Venture Catalysts to tell us a little about how they have made themselves the third most active incubator globally. You can watch the event back and check out the slides here! 

This article is written as part of the Investment Activator Programme (IAP) in the West of England. This programme is run by TechSPARK and is kindly sponsored by TLT LLP, delaware, West of England Combined Authority, UWE, Sanderson, Engine Shed and Rocketmakers. Find out more about the IAP here.

If you are an investor and you would like to receive the regular newsletter and event invitations for the QIB, please find more information and sign up.

And finally, if you are raising investment for your business and you would like to submit your one page proposition for the next QIB event, please find more information at the bottom of this page.

Investment Activator Programme sponsors logos: barclays, delaware, engine shed, rocketmakers, sanderson, smith and williamson, techspark, TLT, west of england combined authority, UWE bristol

Briony Phillips

Briony is Scaleup Lead at Rocketmakers, a software development agency that designs, develops and deploys technology for startups, scaleups and corporations. Briony champions the scale-up business ecosystem and works with partners across the public and private sector to deliver content, events and resources that help to overcome challenges faced by fast-growth companies such as access to investment and office space availability.