# Tech start-ups bid for over £25m at SETsquared’s Accelerating Growth showcase 
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2016-12-01
Category: BUSINESS
Category URL: https://financedigest.com/category/business
Meta Title: Discover Innovative Tech Startups at SETsquared's
Meta Description: Discover the innovative products and services presented by 22 UK start-ups at the annual Accelerating Growth Investment Showcase in London. Get the inside scoop
Tags: featured
Tag URLs: featured (https://financedigest.com/tag/featured)
URL: https://financedigest.com/tech-start-ups-bid-for-over-25m-at-setsquareds-accelerating-growth-showcasehtml

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High-growth tech entrepreneurs pitched for a share of more than £25m backing when they took part in SETsquared’s annual Accelerating Growth Investment Showcase in London last week. (24 November).

Twenty-two of the UK’s most exciting start-up businesses presented their innovative products and services for a range of sectors, including public transport, childcare, energy, life sciences, fashion and beauty, healthcare and event management software.

Each company sought financial [backing ranging between £150k and £10m from an audience of more than 200 investors](https://www.financedigest.com/exclusive-new-investor-backs-bt-says-fibre-jv-may-not-be-needed-source.html "Exclusive-New investor backs BT, says fibre JV may not be needed – source") and corporates at the event, held in Euston Square.

Organised by the world’s number one university business incubator, SETsquared, who [provided mentoring support](https://www.financedigest.com/tech-amigos-provides-unrivalled-aws-cloud-service-support-for-autorama-groups-leading-brand-vanarama-2.html "Tech Amigos provides unrivalled AWS cloud service support for Autorama Group’s leading brand, Vanarama") and comprehensive pitch training, the showcase put its start-ups face-to-face with angel investors, venture capitalists, high-net worth individuals and corporate investors.

Every company also exhibited at the event, with the founders available to meet [investors throughout the day](https://www.financedigest.com/british-pound-drops-as-investors-seek-safety-on-freedom-day.html "British pound drops as investors seek safety on ‘Freedom Day’").

It was the 13th showcase for SETsquared, an enterprise partnership between the universities of Bath, Bristol, Exeter, Southampton and Surrey.

Among the [businesses pitching for investment](https://www.financedigest.com/esg-investment-making-your-business-a-more-sustainable-place.html "ESG investment: Making your business a more sustainable place") are:

- Inclusive Media Solutions – which has created EasyVideo, a platform that **enables adults with learning disabilities to scan household items** with any [smart device](https://www.financedigest.com/smart-home-devices-market-is-expected-to-grow-at-a-healthy-cagr-of-over-18-during-the-study-forecast-period-2021-2031.html "Smart Home Devices Market is expected to grow at a healthy CAGR of over 18% during the study forecast period 2021-2031") to play a video of how to use it
- VRGo – which has created a **wireless, hands-free, motion-controlled chair for use with [virtual reality](https://www.financedigest.com/augmented-reality-ar-virtual-reality-vr-to-dictate-the-growth-of-temporal-implants-market.html "Augmented Reality (AR)/Virtual Reality (VR) to dictate the growth of Temporal Implants Market") games**, designed go fit into typical living spaces
- Red Skies Technology – which is helping to **improve use of public** [transport in developing countries with its GPS-controlled payment system](https://www.financedigest.com/intelligent-transport-systems-its-market-2021-by-global-key-players-types-applications-countries-industry-size-and-forecast-to-2027.html "Intelligent Transport Systems (ITS) Market 2021 by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2027") called YoSafari
- Kinderly – which has **developed an** [app for childminders and nurseries to help reduce the amount of paperwork and time spent in adhering to a statutory government framework regulated](https://www.financedigest.com/china-regulator-says-alibaba-tencent-have-submitted-app-algorithm-details.html "China regulator says Alibaba, Tencent have submitted app algorithm details") by Ofsted

Simon Bond, Innovation Director at SETsquared, said: “Yet again, I was delighted and very proud to see [huge enthusiasm and commitment from the companies that SETsquared supports at this year’s Accelerating Growth investment](https://www.financedigest.com/impact-com-announces-huge-investment-in-workforce-with-raft-of-new-hires-globally.html "impact.com announces huge investment in workforce with raft of new hires globally") showcase.

“There is a real appetite among investors to [partner with SETsquared’s high-growth potential technology](https://www.financedigest.com/how-to-choose-the-perfect-it-and-technology-partner.html "How to Choose the Perfect IT and Technology Partner") companies and their engaging pitches really created a buzz at the event.

“It was promising to [see many positive conversations taking place between the start-ups and investors](https://www.financedigest.com/oil-gains-as-investors-see-limited-omicron-impact-on-demand.html "Oil gains as investors see limited Omicron impact on demand") at the showcase. We hope this networking opportunity will result in even more success stories for SETsquared’s budding entrepreneurs over the [next](https://www.financedigest.com/the-next-upcoming-years-to-see-the-aesthetic-lasers-and-energy-devices-market-get-through-the-best-of-both-innovation-and-inquisition.html "The Next Upcoming Years To See The Aesthetic Lasers And Energy Devices Market Get Through The Best Of Both – Innovation And Inquisition") year.”

Four companies from SETsquared’s award-winning ICURe programme also [exhibited their tech start-ups at Accelerating Growth](https://www.financedigest.com/lightweight-compact-wheel-loader-market-are-projected-to-total-us-1-64-bn-by-2022-exhibiting-growth-at-2-7-cagr-over-the-forecast-period-2022-2030.html "Lightweight Compact Wheel Loader Market are projected to total US$ 1.64 Bn by 2022, exhibiting growth at 2.7% CAGR over the forecast period 2022-2030"). The ICURe programme [offers university researchers with commercially promising ideas the opportunity](https://www.financedigest.com/cycling-power-meter-market-to-offer-lucrative-growth-opportunities-for-players-during-the-forecast-period-2018-2026.html "Cycling Power Meter Market to Offer Lucrative Growth Opportunities for Players During the Forecast Period 2018 – 2026") to ‘get out of the lab’ and validate their ideas in the marketplace.

The companies exhibiting from the ICURe programme were:

- Entwine – which makes [online dating smarter with emotion-based matching and machine learning](https://www.financedigest.com/brand-strategy-tactics-for-an-online-learning-platform.html "Brand Strategy Tactics for an Online Learning Platform")
- TrueInvivo – which develops microsilica radiation detectors and dosimetry systems that make [cancer radiotherapy treatments](https://www.financedigest.com/pmrs-report-on-global-triple-negative-breast-cancer-treatment-market.html "PMR’s Report on Global Triple Negative Breast Cancer Treatment Market") more accurate and effective
- Renovos – which provides orthopaedic regenerative medicine solutions
- Hydrogel cell encapsulation for hypothermic cell storage – which provides novel ambient temperature storage of live cells for short-term storage and transport, increasing the shelf-life of cells and cell-based products

Michael Ruzic-Gauthier, Investments Associate at NetScientific, who attended the event, said: “I came to the Accelerating Growth investment showcase for two reasons: I was really interested to [see the healthcare companies pitch and see what’s happening in the industry](https://www.financedigest.com/industrial-agitators-market-to-see-incredible-growth-during-2019-2027.html "Industrial Agitators Market to See Incredible Growth During 2019-2027"), as well as meeting new contacts from the SETsquared partnership universities. I was really impressed by each of pitches I watched, and it was very helpful to have so many innovative new companies brought together in one room to speak to.”

Over the last 14 years SETsquared has helped more than **1,000 businesses** raise over **£1bn in investment**, as well as contributing over **£3.8bn in GVA** (Gross Value Added) to the UK economy with **£8.6bn GVA estimated** over the [next decade](https://www.financedigest.com/the-next-decade-to-see-the-humanized-liver-mice-model-market-detonate-innovation.html "The Next Decade To See The Humanized Liver Mice Model Market Detonate Innovation") – figures that contributed to it being named by UBI Global as the **top university business incubator in the world** at the end of 2015.


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