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1987
Ceryx Medical secures $15m to advance groundbreaking heart failure technology
News | Emma Blunt | Wed, 25/06/2025 | 11:30
University of Bath and Bristol spin-out, Ceryx Medical, a UK-based medtech innovator developing next-generation bioelectronic therapies for heart failure, has announced the successful closure of a new funding round, bringing the company’s total raised to $15 million. The investment marks a major milestone in Ceryx’s mission to revolutionise cardiac care...
Draig Therapeutics secures $140 million investment in new therapies for neuropsychiatric disorders
News | Nikita Troughton | Thu, 19/06/2025 | 14:09
Cardiff University spin-out Draig Therapeutics is putting Welsh research at the centre of pioneering new therapies for neuropsychiatric disorders as part of a multi-million pound investment. The new spinout will launch as a clinical-stage company with a $140 million (£107 million) investment from leading international venture investors to advance the development of...
Latent Drive wins top green hydrogen award at IRENA innovation week
News | Nikita Troughton | Tue, 17/06/2025 | 12:29
During IRENA’s Innovation Week, the Alliance for Industry Decarbonisation (AFID) hosted its highly anticipated Technology Innovation Showcase, co-organised with the Net Zero Technology Centre, spotlighting pioneering technologies tackling one of the most urgent challenges of our time: industrial CO₂ emissions. Accounting for roughly a third of all global energy and...
Founders’ toolkit: what investors want in your data room
Blog | SETsquared Editor | Thu, 12/06/2025 | 15:48
For early-stage founders, preparing for investor conversations often means getting your story straight. Not just in the pitch deck, but in the supporting documents behind it. This is where your data room comes in. While formal data rooms are more common in later-stage raises, many investors (even at seed level) appreciate founders...
Space Forge secures record-breaking Series A funding to revolutionise industrial materials using space
News | Nikita Troughton | Tue, 10/06/2025 | 12:50
Space Forge, a former participant of SETsquared's Scale-Up Programme, is a pioneering innovator in space-based advanced materials manufacturing and return technology. The company is accelerating the development of next-generation reusable satellites designed to transform in-orbit manufacturing and support sustainable space operations. Space Forge has announced the completion of its record-breaking...
AccelerComm secures $15m funding to speed adoption of technology for space-based 5G networks
News | Nikita Troughton | Tue, 10/06/2025 | 12:50
AccelerComm, a University of Southampton spin-out and former participant in SETsquared's ICURe programme, is a pioneering innovator in high-performance 5G technology for satellite networks. The company has secured $15 million in funding to accelerate the adoption of space-based 5G networks designed to deliver universal mobile coverage. The capital will be...
