Member News: Secure Harvests pitches for £150k investment at SETsquared’s Investment Showcase
UK entrepreneurs behind high-growth potential technology companies, including our Residential Members Secure Harvests, 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 pitching 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 that participated this year, eight have female founders, the largest number in the event’s history.
Heather Sanders, director of Secure Harvests, a crop development company that use advanced biotech to produce innovative new crop varieties, said:
Rosie Bennett, Centre Director for SETsquared Bath, added:
Over the last 18 years, SETsquared has helped more than 3,500 businesses raise over £1.5bn in investment, as well as contributing over £8.6bn in GVA (Gross Value Added) to the UK economy rising to £26.9bn by 2030 – figures that contributed to it being named by UBI Global as the top university business incubator in the world in 2015 and 2018.
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.”
This year SETsquared also launched a new online investment platform, to raise awareness of investment opportunities from later-stage companies currently being supported by the partnership’s Scale-Up Programme.