News

l-r Gary Tipper, Will Chappel and Neil Pitcher (Image credit: Palatine)

Bristol edge computing firm secures PE investment

Bristol-based edge computing provider StorMagic has secured a significant investment from Palatine Growth Credit Fund from its maiden Growth Credit Fund.

The fund was established to support UK cyber, tech, AI and advanced manufacturing firms experiencing strong year-on-year revenue growth.

StorMagic was founded in 2006 and helps organisations store, protect, and manage data. The...

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Dorset tech business gets funding boost

An emerging Dorset tech business has received a £10k Start Up Loan boost via SWIG Finance to develop its online business planning platform, Plana .

The Plana platform enables key stakeholders to collaborate in business planning and keep track of progress and was officially launched in April.

Mark Painter, an experienced business growth consultant, designed Plana for...

The first SW of England Tech Prospectus, launched in London

Scale of South West’s Net Zero Tech revealed as region’s first Tech Prospectus launched

Thriving South West tech sector has 18,527 companies with combined £46.7bn turnover (2023)
Prospectus sets out key recommendations including pension reform to boost investment and recognising the South West as a national leader of ‘ blue and green’ tech
South West startups 17% more likely to be operating after 5 years than if based in London
Net Zero

New academy event supports digital transformation journeys

Headforwards Digital Academy will host an event at FibreHub on Friday 12 July, providing guidance to organisations going through digital transformation.

Aimed at business leaders and HR professionals, the event will focus on the people element of digital transformation – a critical part of any project.

The Headforwards Digital Academy, launched in May, harnesses the...

Fishy Filaments recycle end-of-life nylon gillnets

SWIF Funding for Fishing Net Recycling Business

A Newlyn-based business that recycles fishing nets is the latest business to be backed by the British Business Bank’s South West Investment Fund.

The £126K loan from SWIG Finance is helping Fishy Filaments to invest in equipment and marketing to help accelerate its growth.

The £200m South West Investment Fund covers the entire South West region and provides loans from £25k...

Propflo’s ‘GreenVal’ tool will be featured in reports and facilitates retrofitting

Martello becomes first search provider to offer energy efficiency risk mitigations

Martello has partnered with Propflo to be the first to bring a one-stop-shop for green home improvements into conveyancing searches. The two leading South West proptech companies are working together to help prospective buyers and homeowners take action to mitigate risks around poor energy efficiency, wellbeing, and net zero for a property.

Propflo’s ‘GreenVal’ tool will be featured...

Anthony Peake, founder and CEO at Intelligent AI

South West AI firm receives £800k funding boost from local investors

A South West company specialising in artificial intelligence (AI) solutions for the insurance industry has closed a funding round to the tune of £800,000, with backing from investors based within the South West region.

Intelligent AI , which has offices in Newquay and Exeter and is part of the Tech South West Growth Forge accelerator programme, has developed a digital solution for...

South West’s ‘truly astounding’ tech sector to be showcased on national stage

Region’s first Tech Prospectus to be launched revealing scale of blue and green sector

A national showcase of technological innovation from the South West of England is set to take place in London.

The likes of Altilium, Kelpi, Cleaner Seas Group, LettUs Grow, Oxi-Tech, Additive.earth and MolendoTech are amongst the innovative growth firms across the blue, green and...

savvy navvy appoints industry-leading Board Advisor Alisdair Martin

Marine technology company savvy navvy has appointed US-based Alisdair Martin, as its new Board Advisor as the boating navigation app continues to scale up its growth.

The award-winning navigation app, often referred to as ‘ Google maps for boats ’, continues to scale, with Alisdair joining as a strategic advisor to savvy navvy’s Executive Board.

Alisdair, originally from the...

Signable CEO, Olly Culverhouse at SaaStock Bristol - April 2024

Signable announces sponsorship of SaaStock Bristol 2024

Signable , a leading provider of electronic signature solutions based in Bristol, has announced its sponsorship of the SaaStock Bristol 2024 event series.

The collaboration commenced with the debut event held on Wednesday 24th April, at Runway East in Bristol, where Signable CEO Olly Culverhouse delivered a presentation.

With a portfolio of events spanning the globe,...

Start Up Boost for Circular Economy Business

Dorset-based sustainable plastics manufacturer, Circular11 , has received a £21k Start Up Loan boost via SWIG Finance.

Circular11 has developed innovative processes to recycle low-grade plastic waste and convert it into low-carbon building materials for outdoor infrastructure. In 2020, co-founders Ben Gibbons and Connor Winter, set out on a mission to transform the waste management...