The South West ’s strength in burgeoning sectors such as cleantech, fintech and AI (artificial intelligence) helped push up venture capital investment in the region last year by 9%, outperforming the national picture. Firms in these sectors, along with manufacturers, attracted some of the largest investments out of the annual total of £455m across 124 deals,...
The West of England’s space industry could double in size over the next four years to employ around 2,000 people, with the University of Bath playing a key role. Space West, the cluster of advanced manufacturing firms, specialised tech businesses and academic and research organisations making up the industry in the region, is viewed...
Bath manufacturer Rotork has hailed a return to growth last year after a challenging period when it was beset by supply chain issues and the aftermath of the pandemic. The group, which designs and makes flow control equipment for the global oil, gas, water and chemical industries, increased annual pre-tax profits by 17.2% to...
Bath-headquartered specialist engineering consultancy Tensys, which has worked on more than 2,000 lightweight structures worldwide including Wimbledon’s Centre Court, is embarking on a new period of expansion supported by the University of Bath. The firm has been awarded a grant under a programme run by Innovate UK to help develop its in-house software suite,...
Setting up a business or going self-employed can give LGBT people a sense of liberation and freedom to be their authentic selves, according to research by the University of Bath. The academics, who worked on the study of small businesses with LGBT owners with the Radboud University in the Netherlands, found that negative experiences in the...
A business launched by two former schoolfriends from Bath has raised £1m from its first investment round to market its pioneering wearable workplace safety technology. Spacebands is on a mission to improve workplace safety by using its technology to prevent accidents, injuries and deaths in hazardous environments. Initially seeking seed investment of £600,000, it has now received £1m...
University of Bath Professor of Aerospace Engineering Ismet Gursul has been made a Fellow of the American Institute of Aeronautics and Astronautics (AIAA), recognising him as one the most respected names in the global aerospace industry. The AIAA, the world’s largest aerospace technical society, cited Prof Gursul for his outstanding technical contributions in vortex-dominated...
Business West is to mark International Women’s Day with an event celebrating the region’s female entrepreneurs and focusing on the importance of promoting gender equity in business. A panel of five inspirational women from the region will discuss a range of topics at the event on 8 March, such as how business leaders can...
Bath’s first networking group for businesses with a social conscious and organisations that support them is to be officially launched next week. Bath Social Impact Network will be the first of its kind in the wider Bath area and will offer members support to help them flourish through collaboration and idea generation. Launched as...
Renewable electricity provider Good Energy has launched a new scheme for its customers on Feed-in Tariffs (FiTs) which could earn them more from the power they generate. The Chippenham-headquartered group, the UK’s largest voluntary FiT administrator with more than 180,000 generation customers, piloted the new FiT smart export service in December, with plans to...
