Companies in University of Bristol’s branch of the enterprise partnership have raised a record $133m in 2021, including $105m of that secured by spinouts.
The portfolio of SETsquared Bristol, the University of Bristol incubator of enterprise partnership SETsquared, has revealed record investment raised in 2021 totalling £98.8m ($133m at current exchange rates).
Out of that total, £77.9m ($105m at current rates) went to spinouts from the university. The majority of this was secured by Ultraleap, the mid-air haptics technology developer that pocketed $81m in series D financing in November 2021.
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Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
