Slides that accompanied the Q3 2019 Quarterly Investment Briefing for West of England on 21st May. The event saw presentations from Dr. Zara Nanu, founder, and CEO at Gapsquare, Bruce Molyneux (angel investor) and Rick Chapman (Entrepreneur in residence at SETsquared Bristol). Slides 44-47 include information about those 26 companies that are actively raising investment in Q3 2019. Check out the disclaimer - these aren't recommendations, just information.
2. Agenda
16:30 - 16:40 Grab a cuppa
16:40 – 16:45 Welcome from Briony
16:45 – 17:30 Sharing and learning
+ Zara Nanu, Founder and CEO Gapsquare
+ Bruce Molyneaux, Angel investor
+ Rick Chapman, SETsquared Bristol
17.30 – 17:45 Who is raising and what next?
17:45 – 18:30 Networking and drinks
3. QIB Guiding Principles
Those who attend the Quarterly Investment Briefing share
three common principles:
• Whoever attends is an active or potentially active investor, or
manager of investors – or enabler of investment activity.
• Whatever is presented is informative, fact-based and regionally
relevant.
• We value the opportunity to learn equally with the
opportunity to share.
10. What do I mean by ‘people-powered investment’?
• Who makes investment happen?
• How can our regional culture can facilitate this?
• How we can level the playing field and make sure all investable (or
potentially investable) businesses get equitable access to support?
• “There’s a distinct lack of local lead investors”
• “People invest in people like them”
• “85% of local investors are investing into the golden triangle – what
does that mean for NEDs?”
11. How would you best
describe your gender?
UKBAA + BBB
2018 Business Angel Report
https://www.british-business-bank.co.uk/wp-
content/uploads/2018/06/Business-Angel-Reportweb.pdf
19. Established in 2015
Self funded, growing
company developing
leading pay and reward
SaaS helping businesses
around the world create pay
fairness.
20. The Problem
A changing workforce
More demanding talent
Pressures for fair and inclusive pay
Ineffective use of data / data analytics
Ineffective actions around D&I
Costly outsourcing
23. We Ask Men to Win and Women
Not to Lose: Closing the Gender
Gap in Startup Funding
Dana Kanze, Laura Huang, Mark A. Conley
and E. Tory Higgins, 2015
Promotion: Accomplish, Achieve, Aspire
Prevention: Avoid, Careful, Security
29. Understand the process
• Deck, Biz plan, 2 pager, flyer,
application form, networking
• Pitch (+ Q&A?)
• Meetings, detailed Q&A
• Due Diligence
• Legals
• Term sheets?
• Valuations?
• HMRC assurance?
• Consortia?
30. Understand what builds confidence
• Research
• Credibility
• Defensibility
• Experience
• Confidence
• Transparency
• Clarity
31. Understand what moves the needle
• Traction
• Other Funding (inc grants)
• Zeitgeist / (FOMA)
• Traction
• Traction…
32. Understand what you can do
• Build a strong team (virtual, extended)
• Get support
• Focus on the big bricks
• Practice, practice, practice
• Be resilient!
40. Equity fundraisings by companies in West of England
137
92
137
121
Total amount raised since 2011:
£1.31bn
Number of deals since 2011: 859
Announced: £1.08 bn
Unannounced: £228 m
44. BluVenn £8M
Marketing and customer management
INSPHERE
Automated measuring products for manufacturing
Huboo
Fulfilment services for ecommerce businesses
Domin Fluid Power
Manufactures fluid power systems
Wriggle
App to bring discounted meal deals to
consumers
Aletnis
Remote sensors for IoT technology
True to Nature
Produces nature documentaries
Agile Property
Modular building services
Booking Live
Software to help people book services online
Scribeless
Handwritten marketing material generated by
Anaphite
Metal oxide graphine nanocomposites for pol
Perceptual Robotics
Designs & manufactures unmanned aerial vehicles
(UAVs) to inspect wind turbines.
+ 14 below £210k
Raised successfully in Q2 2019 (26
deals)
45. Raising Q3 2019 – raising £3m - 500k
Engine Shed is a trading activity of The Science Research Foundation whose mission is to stimulate sustainable and inclusive economic growth as an honest broker.
Engine Shed does not give advice on the risks of investment and is not authorised to carry on investment business under the Financial Services and Markets Act 2000 (‘the Act’).
Before investing in a project about which by Engine Shed, potential investors are strongly recommended to take advice from a person authorised under the Act who specialises in advising on investments of this nature.
Engine Shed is not recommending in any way any business or investment opportunity, merely public highlighting information it is aware of.
Lettus Grow £3m
Advanced technology for indoor growing to
deliver a step-change in product efficiency.
Lumio £750k
Instantly helps you switch to the best savings &
investment accounts in the marketplace.
Sigma Polaris £1.5M
Provides HR talent assessment & pre-
employment support software.
Ortharize £650k
Corporate travel platform, which holds details of
each customer’s travel policy + ear points
Payaca £500k
Enables independent tradespeople to connect
their customers with finance at the best rates.
Tickitto £500k
The first intelligent pocket concierge powered
by Artificial Intelligence
NeuroAI £2M
Hardware start-up developing high performance
devices for Artificial Intelligence (AI).
Nexu £1M
Connects people with businesses, digitising
word-of-mouth recommendations.
Codices £1M
Tools and shows for the next generation of live
interactive gameshows
BeyondRISC £650k
Corporate travel platform, which holds details of
each customer’s travel policy + ear points
46. Raising Q2 2019 – raising £500k – 250k
Engine Shed is a trading activity of The Science Research Foundation whose mission is to stimulate sustainable and inclusive economic growth as an honest broker.
Engine Shed does not give advice on the risks of investment and is not authorised to carry on investment business under the Financial Services and Markets Act 2000 (‘the Act’).
Before investing in a project about which by Engine Shed, potential investors are strongly recommended to take advice from a person authorised under the Act who specialises in advising on investments of this nature.
Engine Shed is not recommending in any way any business or investment opportunity, merely public highlighting information it is aware of.
iExport £300k
Making exporting easy through a super–connected
SaaS platform.
GoodSixty £250k
Help independent markets,
food stores & artisan producers thrive online.
Lambda Stretch £250k
Developing a coating for Photovoltaic (PV) panel
glass to increase the power by up to 10%.
Miappi £500k
AI enabled SaaS platform, empowers brands to
discover consumer stories & manage digital rights.
TableTiger £350k
Empowers restaurant managers and owners to
measure and improve their customer experience.
MiHeart £350k
Operational mobile e-health management solution.
Glean.ly £330k
Single, searchable, secure and scalable UX
repository.
Altuity Solutions £500k
Cloud-based software for asset, maintenance &
compliance management of buildings/estates.
Webuildbots £350k
AI-Powered automation for the public sector.
Bedfolk £300k
Retail ridiculously soft and comfortable bedding
that is ethically made and easy to buy.
47. Raising Q2 2019 – raising £250k – 150k
Engine Shed is a trading activity of The Science Research Foundation whose mission is to stimulate sustainable and inclusive economic growth as an honest broker.
Engine Shed does not give advice on the risks of investment and is not authorised to carry on investment business under the Financial Services and Markets Act 2000 (‘the Act’).
Before investing in a project about which by Engine Shed, potential investors are strongly recommended to take advice from a person authorised under the Act who specialises in advising on investments of this nature.
Engine Shed is not recommending in any way any business or investment opportunity, merely public highlighting information it is aware of.
OneSub £150k
Fully-automated digital stack which downloads
and reads thousands of news articles daily into
an AI knowledge model.
Do more design £220k
Provides Startups & SMEs access to the graphic
design services from students essential for their
identity and marketing needs.
Glas data £250k
Agricultural data dashboard,
big data aggregation, visualisation and analysis
driving value throughout the food chain.
Comity £200k
Enables small groups with common insurance
needs to join together and pool their resources
to settle claims while reducing reliance on
traditional insurers.
Data duopoly £200k
Facilitate personalised discounts to visitors and
deliver powerful location data insights for venues.
SeeThru £150k
Helps the global community of Internet users
and their service providers work better
together.
48. The future for Quarterly Investment Briefings
Investment Activator – employed by TechSPARK to deliver:
• Quarterly Investment Briefings
• Silicon Gorge pitch competition
• ‘Pitch me’ events
• Single front door for companies raising investment
49. What next?
1. Pick up one page summaries // check
https://techspark.co/bbinvest/
2. Read and share the Quarterly Investment in Brief
(newsletter) tomorrow
3. Put the next event in your diary…