Technology

ICON advises on £3m investment to put cloud pioneer on path for more growth

September 24, 2021
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ICON advises on £3m investment to put cloud pioneer on path for more growth

Cloud services company Cloud Direct is poised for further expansion after Bristol-based tech-focused investment bank ICON Corporate Finance helped it secure a £3m strategic investment. The deal gives Oslo Stock Exchange-listed Crayon Group an unspecified minority stake in Bath-headquartered Cloud Direct, one of the UK’s leading Microsoft partners which has grown exponentially over...

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Chamber of Commerce & Initiative appoints social entrepreneur Jaya Chakrabarti as president

September 24, 2021
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Chamber of Commerce & Initiative appoints social entrepreneur Jaya Chakrabarti as president

Bristol-based serial social entrepreneur and community activist Jaya Chakrabarti MBE has become the new president of city’s Chamber of Commerce & Initiative – the membership and lobbying organisation at the heart of regional group Business West. Having served as vice-president for seven years, Jaya, pictured, replaces outgoing president Richard...

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Bristol Uni-backed SETsquared incubator grows with Cardiff University joining as sixth member

September 23, 2021
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Bristol Uni-backed SETsquared incubator grows with Cardiff University joining as sixth member

SETsquared, the globally acclaimed, University of Bristol-supported business incubator, has expanded with the addition of Cardiff University. Cardiff has become the sixth member of the partnership, which has been named three times as the world’s number one university business incubator.  SETsquared was set up in 2002 by a small...

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New UK-wide index puts Bristol second only to London for innovation

September 17, 2021
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New UK-wide index puts Bristol second only to London for innovation

Bristol is the second most innovative city in the UK, according to a new report, coming just behind London. The city scores 82.5 out of 100 in the new UK innovation index, which ranks 60 locations across the country on criteria such as number of start-ups, qualifications of its employees...

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Bristol fashion entrepreneur urges firms to take responsibility and work towards net zero

September 17, 2021
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Bristol fashion entrepreneur urges firms to take responsibility and work towards net zero

Nearly 200 Bristol business leaders and entrepreneurs have been told they will “face uncomfortable truths” on their journey to becoming zero carbon but had an obligation to the planet do it. Keri Andriana, pictured, founder of Bristol-based handbag brand Amschela, told the gathering, part of the nationwide Zero Carbon...

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Space game developer on launch pad for further growth after potential £6m sale

September 17, 2021
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Space game developer on launch pad for further growth after potential £6m sale

Bristol-based video games studio Auroch Digital has been acquired by a major player in the sector in a deal worth up to £6m. Sheffield-based Sumo Group said acquiring Auroch Digital, best known for its Mars Horizon space game, gave it access to the growing talent pool in Bristol while adding...

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Clarke Willmott advises hospitality sector app firm on its sale seven years after helping it launch

September 17, 2021
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Clarke Willmott advises hospitality sector app firm on its sale seven years after helping it launch

The Bristol office of national law firm Clarke Willmott has acted on the multi-million pound sale of a software company it helped form seven years ago. Trailsuite, which provides market-leading software that helps hospitality and other businesses manage and simplify their operations, was acquired by Access UK in a...

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Chance for budding content creators to gain work experience during Bristol Technology Festival

September 17, 2021
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Chance for budding content creators to gain work experience during Bristol Technology Festival

Bristol communications agency Purplefish has teamed up with the organisers of next month’s Bristol Technology Festival to launch a scheme offering budding writers, photographers and videographers the chance to get valuable, paid training and work experience. The festival, which runs from October 10-15, will bring together events, people and communities...

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Osborne Clarke advises AIM-listed specialist medical firm on £36.3m fundraising

September 16, 2021
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Osborne Clarke advises AIM-listed specialist medical firm on £36.3m fundraising

Lawyers based in the Bristol office of international legal firm Osborne Clarke have helped secure a £36.3m fundraising for a medical device company specialising in the emerging field of surgical endoscopy. Creo Medical Group, based in Chepstow with satellite offices in Bath and the US, raised the funds through...

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Funding for drone tech firm on a mission to slash wind turbine maintenance costs

September 10, 2021
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Funding for drone tech firm on a mission to slash wind turbine maintenance costs

A Bristol robotics business aiming to cut the cost of maintaining wind turbines is flying high after landing £1.6m in its latest funding round. Perceptual Robotics uses autonomous drones to map turbines before passing the images onto a cloud-based AI (artificial intelligence) system which processes them to detect damage. ...

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‘Tenacity and laser focus’ earns Bristol tech pioneer place in national entrepreneur awards final

September 10, 2021
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‘Tenacity and laser focus’ earns Bristol tech pioneer place in national entrepreneur awards final

James Hadley, the CEO of Bristol-based cybersecurity pioneers Immersive Labs, has claimed a place in the national finals of a prestigious entrepreneur contest after being named as one of the winners of a regional heat. James, pictured below, was named as a Rising Star in the Midlands and South...

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Xledger extends Bristol Sport sponsorship by becoming principal partner for Bristol Bears Women

September 8, 2021
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Xledger extends Bristol Sport sponsorship by becoming principal partner for Bristol Bears Women

The partnership between Bristol Sport and Xledger, the global cloud-based finance software provider with its UK headquarters in the city, has been extended for a third season in a row. While continuing as official sponsor of the South Stand at Bristol Sport’s Ashton Gate Stadium – home to the...

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Firms’ unused apprenticeship levy funds can help unlock Bristol’s wealth of talent, says Metro Mayor

September 8, 2021
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Firms’ unused apprenticeship levy funds can help unlock Bristol’s wealth of talent, says Metro Mayor

Bristol firms are being urged to help people in the city develop new skills by adding their unused apprenticeship levy funds to a shared funding pot. Nearly half a million pounds has already been pledged to the Share to Support scheme by apprentice-levy paying employers from across West of England...

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