South West health and tech ventures draw new investment as manufacturers and venues report closures
A cluster of South West business reports shows science-based startups attracting funding while traditional employers and cultural venues face closures.
The Business Desk South West reported £2.5m of investment for a healthtech firm tackling a veterinary environmental challenge [2], while Bristol 24/7 said a Bristol biotech firm had landed £700k to scale up [10]. Bristol 24/7 also reported national recognition for a women’s wellness venture [1] and the launch of a business aimed at closing the gender data gap [8].
Science-based companies elsewhere in the region also saw new deals: The Business Desk South West said Bristol start-up Siloton has secured a Great Ormond Street deal to adapt its quantum-enabled child eye imaging system for paediatric use [7], and reported a record year at Renishaw driven by demand for semiconductors [11].
It also reported that the growth of arenas is boosting cities outside London while small music clubs close [3], and Bristol 24/7 said a vegan cafe and shop would close after more than a decade [9].
A Somerset theatre warned it would close unless emergency funding was raised [6][12]. Read together, the announcements show health and technology ventures attracting new money in the South West at the same time as manufacturers, retailers and cultural venues report closures and funding pressures.
Sources
- Bristol 24/7: National recognition for women’s wellness venture
- The Business Desk South West: £2.5m investment for healthtech firm solving vets’ environmental challenge
- The Business Desk South West: Analysis: How the growth of arenas is reshaping the regional live music industry
- The Business Desk South West: SuperBike Factory collapse leaves £28m debts
- The Business Desk South West: 290 jobs lost after glass manufacturer sold out of administration
- The Business Desk South West: Somerset theatre to close unless emergency funding raised
- The Business Desk South West: Bristol start-up lands Great Ormond Street deal for child eye imaging system
- Bristol 24/7: Business launches to tackle gender data gap and help women understand their bodies
- Bristol 24/7: Vegan cafe and shop to close after more than a decade
- Bristol 24/7: Bristol biotech firm lands £700k funding boost to scale up
- The Business Desk South West: Record year for Renishaw as soaring demand for semiconductors drives growth
- The Business Desk South West: Financial lifeline needed to avoid curtain coming down on long-running theatre
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