UK tech pioneers pitch for £18m at SETsquared’s 15th Accelerating Growth Investment Showcase
UK entrepreneurs behind high-growth potential technology companies gathered in London yesterday to pitch for a combined £18m to an audience of investors at SETsquared’s annual Accelerating Growth Investment Showcase.
Running for the past 14 years, SETsquared’s Investment Showcase has become a huge success; attracting hundreds of investors, seasoned entrepreneurs, corporate investors and VCs all looking to invest in companies with the potential to become the tech giants of tomorrow.
The 20 start-ups looking for investment have all received mentoring and support from SETsquared, and were seeking financial backing, ranging between £150k and £5m, from an audience of more than 100 investors and corporates. Already, the total raised by companies who have previously participated exceeds £100m.
Of the 20 companies pitching this year, eight have female founders, the largest number in the event’s history.
Monika Radclyffe, chair of the SETsquared Business Acceleration Centre Group, said:
“We work with some amazing entrepreneurs and start-ups and this event is our way of getting them in front of investors and business experts who could really help to develop these ventures and take them forward.
“The companies participating this year have all put a tremendous amount of effort into getting their businesses investment ready and their pitches attractive to potential investors.”
Andrew Mulvenna, VC investor at AV8 Ventures, added:
“I was really impressed by the pitches I saw. The quality, clarity and passion of the propositions being presented really shone through, which is vitally important for any business seeking to attract support from investors.”