Home Enterprise Tech 8 founders, leaders highlight fintech and deep tech as Bristol’s top sectors

8 founders, leaders highlight fintech and deep tech as Bristol’s top sectors

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8 founders, leaders highlight fintech and deep tech as Bristol’s top sectors

The U.K. is gaining in recognition as a massive location to begin a tech firm. The nation is straight away catching as a lot as China on the tech funding front, with VC investments reaching a document of $15 billion in 2020, per TechNation. A world health disaster notwithstanding, London remained a popular for investors. U.K. cities made up a fifth of the top 20 European cities, with names such as Oxford, Dublin, Edinburgh and Cambridge rising to the fore in 2020.

Bristol proved especially accepted amongst tech investors last year — local businesses raked in a plucky $414 million in 2020, making it the third-top U.K. metropolis for tech funding. The metropolis additionally has the most fintech startups per head within the U.K. launch air London, per Whitecap’s 2019-2020 Ecosystem Anecdote.

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Efforts by the metropolis’s non-public and public sectors to modernize the metropolis have helped it dejected amongst the top orderly cities within the U.K., attracting a bevy of tech entrepreneurs. Its proximity to London has meant that it is far a real different for founders taking a take into memoir a extra reasonable hold while permitting them to tap the capital’s financial resources. The University of Bristol additionally has the top robotics division in Europe.


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Bristol is additionally home to a with out a doubt indispensable startup accelerator, SETsquared. A collaborative effort by the 5 universities of Tub, Bristol, Exeter, Southampton and Surrey, the accelerator has supported over 4,000 entrepreneurs and helped their startups lift a total of £1.8 billion. Other startup give a assume to gamers comprise the brand new Science Creates VC fund, put aside up by entrepreneur Harry Destecroix, and TechSPARK Engine Shed.

Key rising startups from Bristol comprise Graphcore, Originate Bionics, Ultraleap, Immersive Labs and Five AI.

To salvage a wiser idea of the say of the tech ecosystem and the investor outlook for this metropolis, we surveyed founders, leaders and executives fascinated about nurturing Bristol’s startup ecosystem.

The stare revealed that the metropolis has a robust renewable, zero-carbon and fintech startup landscape. Robotics, VR, bio, quantum, digital and deep tech are additionally areas displaying promise. As for the investing scene, though Bristol has a healthy angel network, the metropolis lacks institutional VC, but with London top a pressure or put together mosey away, this has no longer proved a well-known problem.

We surveyed:


Coralie Hassanaly, innovation consultant, DRIAD

Which sectors is Bristol’s tech ecosystem solid in? What are you most mad by? What does it lack?


Bristol is solid in renewable and zero-carbon innovation, fintech and robotics. It’s former in commerce 4.0.

Which are the most fascinating startups in Bristol?


Graphcore, LettUs Develop, Originate Bionics, Ultraleap and YellowDog.

What are the tech investors like in Bristol? What’s their center of attention?


A form of give consideration to fintech, I hold.

With the shift to far-off working, attain you focus on participants will hold in Bristol or will they transfer out? Will others transfer in?


Bristol is a massive center ground between a astronomical dynamic metropolis (plus it’s no longer removed from London) and salvage admission to to nice nation-say put aside. With far-off working we are in a position to anticipate it goes to attract new residents within the following couple of years.

Who’re the well-known startup participants within the metropolis (e.g., investors, founders, legal professionals, designers)?


Aimee Skinner, Abigail Frear and Stuart Harrison.

Where attain you’re thinking that in regards to the metropolis’s tech scene shall be in 5 years?


2nd well-known metropolis in U.K. innovation.

Pete Read, CEO and founder, Persona Training

Which sectors is Bristol’s tech ecosystem solid in? What are you most mad by? What does it lack?


Bristol is solid in media/animation, edtech, social affect, health and science. I’m most mad by edtech and the likelihood to reach and positively affect thousands and thousands of faculty students by map of online studying. It’s weaker in hardware and fintech.

Which are the most fascinating startups in Bristol?


Kaedim, Persona Training and One Gigantic Circle.

What are the tech investors like in Bristol? What’s their center of attention?


There are a few very intriguing tech funding networks coming from a few angles, e.g., college-led, teams of private angels and tech incubators. The gigantic element is they all collaborate and share resources, ideas and expertise in initiatives such as The Engine Shed and Silicon Gorge.

With the shift to far-off working, attain you focus on participants will hold in Bristol or will they transfer out? Will others transfer in?


More participants are transferring in, as Bristol has a massive metropolis life-style with easy salvage admission to to the nation-say and Southwest/Wales vacation spots, and a world airport 20 minutes from the guts.

Who’re the well-known startup participants within the metropolis (e.g., investors, founders, legal professionals, designers)?


Jerry Barnes at Bristol PE Club; Abby Frear at TechSPARK; Briony Phillips at Rocketmakers; Jack Jordan-Connelly at SETsquared.

Where attain you’re thinking that in regards to the metropolis’s tech scene shall be in 5 years?


It’s constructing without warning with a complete bunch give a assume to, so it goes to be bigger, attracting extra funding and positively extra on the global scene 5 years from now.

Kiran Krishnamurthy, CEO, AI Labs

Which sectors is Bristol’s tech ecosystem solid in? What are you most mad by? What does it lack?


Our tech ecosystem is solid within the aerospace and defense sector. We’re mad by the scope and scale of digital transformation alternatives with AI available within the market in this sector. The well-known weakness in this sector is the sluggish tempo of transformation, especially now due to the pandemic.

Which are the most fascinating startups in Bristol?


Graphcore and YellowDog.

What are the tech investors like in Bristol? What’s their center of attention?


In contrast to the U.K. tech sector moderate, Bristol has a very low percentage of established companies (4% versus 8%), a increased percentage of seed stage companies (42% versus 37%), and a increased death price (21% versus 17%). It’s an especially younger ecosystem.

With the shift to far-off working, attain you focus on participants will hold in Bristol or will they transfer out? Will others transfer in?


It is far doable that participants transferring out of London will reach into Bristol due to the transport hyperlinks, solid ecosystem and resplendent nature of the metropolis.

Where attain you’re thinking that in regards to the metropolis’s tech scene shall be in 5 years?


I wouldn’t be considerably shocked if Bristol turns out to be San Francisco of Europe!

Simon Hall, director, Airway Scientific

Which sectors is Bristol’s tech ecosystem solid in? What does it lack?


Bristol is solid within the medtech, veterinary, industrial sectors.

With the shift to far-off working, attain you focus on participants will hold in Bristol or will they transfer out? Will others transfer in?


Others have moved in.

Who’re the well-known startup participants within the metropolis (e.g., investors, founders, legal professionals, designers)?


SETsquared.

Where attain you’re thinking that in regards to the metropolis’s tech scene shall be in 5 years?


We are in a position to investigate cross-take a look at massive increase in 5 years.

Ben Miles, CEO, Jog Up Science

Which sectors is Bristol’s tech ecosystem solid in? What are you most mad by? What does it lack?

Our sector is former in entrepreneurial ambition amongst researchers, and so suffers from low charges of deep tech spinout job from main universities. We’re most mad by the step change in job now we have viewed within the past two years and tradition shift in direction of innovation.

Which are the most fascinating startups in Bristol?


Rosa Biotech, Albotherm and CytoSeek.

What are the tech investors like in Bristol? What’s their center of attention?


Medium energy in shallow tech; currently former in deep tech.

With the shift to far-off working, attain you focus on participants will hold in Bristol or will they transfer out? Will others transfer in?


Folks are transferring in.

Who’re the well-known startup participants within the metropolis (e.g., investors, founders, legal professionals, designers)?


Jog Up Science, Science Creates and Science Angel Syndicate.

Where attain you’re thinking that in regards to the metropolis’s tech scene shall be in 5 years?


Very solid in deep tech with an invested local community of entrepreneurs, incubators and investors.

Rupert Baines, ex-CEO, UltraSoC

Which sectors is Bristol’s tech ecosystem solid in? What are you most mad by? What does it lack?


Bristol is solid in wi-fi (5G, 60 GHz, and so on.), semiconductors (especially processors, AI/ML and parallel architectures), robotics and other laborious tech/deep tech.

Which are the most fascinating startups in Bristol?


Graphcore, Ultraleap, Blu Wireless and Five AI.

What are the tech investors like in Bristol? What’s their center of attention?


It’s restricted. There are some angels, but few within the community centered funds.

With the shift to far-off working, attain you focus on participants will hold in Bristol or will they transfer out? Will others transfer in?


Worthy the same: Folks fetch to stay in Bristol/Tub for quality of life. Worthy of the work is already external — commuting to London.

Who’re the well-known startup participants within the metropolis (e.g., investors, founders, legal professionals, designers)?


Nigel Toon, Simon Knowles, Stan Boland, David Might well well and Cut Sturge.

Where attain you’re thinking that in regards to the metropolis’s tech scene shall be in 5 years?


Worthy stronger, with extra processor and hardware job.

Mathieu Johnsson, CEO and co-founder, Marble

Which sectors is Bristol’s tech ecosystem solid in? What are you most mad by? What does it lack?


Bristol has a solid robotics, aerospace and renewables scene. I’m most mad to investigate cross-take a look at how the legacy in aerospace in Bristol will translate to future commerce-defining companies. The ecosystem is former on the investor facet, though London VCs are less than a two-hour put together whisk away.

Which are the most fascinating startups in Bristol?


Graphcore, Ultraleap and Originate Bionics.

With the shift to far-off working, attain you focus on participants will hold in Bristol or will they transfer out? Will others transfer in?


I accept as true with Bristol will turn into extra pretty.

Who’re the well-known startup participants within the metropolis (e.g., investors, founders, legal professionals, designers)?


Tom Carter at Ultraleap, and Joel Gibbard at Originate Bionics.

Where attain you’re thinking that in regards to the metropolis’s tech scene shall be in 5 years?


Getting closer to London and Cambridge.

Chris Erven, CEO, KETS Quantum Security

Which sectors is Bristol’s tech ecosystem solid in? What are you most mad by? What does it lack?


Bristol has a solid biotech, quantum, digital, science-based/deep tech ecosystem. I’m mad by this eclectic metropolis with thrilling participants that assume otherwise.

Which are the most fascinating startups in Bristol?


Any QTEC, SETsquared, or UnitDX contributors and alumni.

What are the tech investors like in Bristol? What’s their center of attention?


Very early/nascent, largely angels.

With the shift to far-off working, attain you focus on participants will hold in Bristol or will they transfer out? Will others transfer in?


Perhaps transfer in! Beautiful green spaces spherical, a complete bunch fascinating, fair retailers. And (real about) commutable from London.

Who’re the well-known startup participants within the metropolis (e.g., investors, founders, legal professionals, designers)?


The incubators — QTEC, QTIC, SETsquared and UnitDX; Bristol Inside of most Equity Club; Harry Destecroix.

Where attain you’re thinking that in regards to the metropolis’s tech scene shall be in 5 years?


Buzzing. More massive startups and VCs transferring in.

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8 founders, leaders highlight fintech and deep tech as Bristol’s top sectors