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Levels Technologies secures £0.5m backing to expand data-driven sports platform

The FSE Group has led a £0.5m investment round into Bristol-based Levels Technologies, investing £250,000 through the British Business Bank’s South West Investment Fund. The round includes participation from Akira Financial, the Professional Squash Association (PSA), and the Haley Family Office, supporting the company’s next phase of growth as it expands its platform across global racket sports....

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Jocelyn Allen on Unsplash

UK AI sector attracts £200 million a day as growth programme launched for South West-based innovators

The UK's artificial intelligence sector is attracting an unprecedented £200 million in daily private investment, as new opportunities emerge for growing AI firms in the South West.

According to figures released by the Department for Science, Innovation and Technology, private sector investment in AI has reached an average of £8.3 million per hour since last summer, with more than £14...

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savvy navvy graphic

Savvy Navvy and RAD Propulsion introduce Smart Range technology

Dorset-based marine technology company Savvy Navvy and RAD Propulsion, known for its electric propulsion systems within the marine industry, have joined forces to integrate navigation technology into sustainable marine solutions.

The partnership will empower boaters worldwide by integrating power management data with Savvy Navvy smart routing, ensuring seamless journey planning and...

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FibreHub in Pool, Cornwall

New office space available at Cornwall's FibreHub

Highly sought after office space is becoming available at Cornwall's FibreHub.

The co-working and office space for technology, software and digital firms has space for new tenancies becoming available as early as next month.

Based in Pool, just off the A30, FibreHub built its reputation on the facilitation of collaboration amongst its tenants. With a popular on-site café...

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Founder

South West tech accelerator returns after helping companies raise millions

Ambitious tech companies targeting strong growth are being invited to apply to the South West of England’s only specialist accelerator programme for the whole region.

Tech accelerator Growth Forge has just launched for 2025, after helping companies boost their growth journeys and secure over £2m in funding in 2024.

This year’s enhanced edition introduces three specialist...

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Shane Carr (CEO, Tugdock) is presented with DNV ‘Statement of Feasibility’ by Hari Vamadevan (Region

Tugdock hits key milestone as its pioneering technology earns DNV endorsement

Cornwall-based Tugdock has reached a significant milestone as its Tugdock Submersible Platform (TSP) is awarded the prestigious ‘Statement of Feasibility’ from DNV, the world’s leading independent energy expert and assurance provider.

This endorsement recognizes the TSP as a transformative technology with applications across multiple markets, including floating offshore wind, vessel...

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The IMP Software team

IMP Software celebrates year of solid growth

Growing market share, sector-leading insights, key appointments, independent endorsement and recognition have made 2024 a successful year for IMP Software, a market-leading specialist in budgeting, forecasting and reporting software for Multi-Academy Trusts (MATs).

The UK-wide company, with locations in Exeter and Peterborough, celebrated its fifth anniversary this year and ended...

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Undersea turbies

Cornish firm unveils blueprint for "step change" in tidal energy design

Inyanga Marine Energy Group has announced the design blueprint for their 20MW HydroWing technology to be deployed at Morlais in Wales.

The tidal energy array will incorporate the revolutionary Tocardo T3 turbine for the first time, with each of the twenty HydroWing units to be powered by two T3 turbines.

Inyanga Marine Energy Group have secured 20MW of capacity for their...

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Optimising IT new board line-up

Optimising IT announces new board line-up

Optimising IT, award-winning managed IT services business, has announced a new board line-up following the recent appointment of James Cater and Charlie Haward as Non-Executive Directors. James and Charlie bring a wealth of experience, playing a crucial role in supporting business growth and ensuring it delivers on its core values of trust, simplicity and respect.

James joins...

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YourRoom avatars

South West firm launches globally recognised AI market research tool

Rocketmakers Labs has released a AI-powered market research tool to bridge the gap between primary and secondary data.

YourRoom allows marketers to quickly and cheaply test early-stage ideas before moving onto more expensive research methods.

The product was named Best AI Innovation and Best AI Solution at the 2024 Global Business Tech Awards earlier this year, while...

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SGC-250, the Sarens Giant Crane nicknamed “Big Carl” by the Port of Ghent

Tugdock and Sarens secure funding from The Crown Estate

Cornish firm Tugdock and Sarens have successfully secured funding from The Crown Estate through the initial round of its innovative Supply Chain Accelerator . This is match funding for a joint project by Tugdock and Sarens to develop a heavy lift Operations and Maintenance (O&M) hub at ABP’s port of Port Talbot in Wales.

With key support from major industry players such as ABP...

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