South West News #19
Our South West tech news round-up aims to give you an insight into the latest tech news specifically in the South West. If you enjoy this, make sure to sign up to our email list to receive updates on more content like this!
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Roqqett introduces its ground-breaking open banking tech at Bristol charity event
A student-run charity fashion, dance, and music event in Bristol this Thursday and Friday will become the world’s first where patrons will be able to pay using ground-breaking open banking technology from Bath-based startup, Roqqett. The fintech startup will be launching its ‘Roqqett for Business’ proposition at The Fuze-Utopia event held at the Lakota Gardens in Bristol. Attendees will be able to purchase from any of the 20+ merchants selling food, fashion, and jewellery just by scanning a QR code made live at the stall – and you can grab yourself a ticket here now! The UK open banking platform, Roqett has developed cutting edge technology that allows businesses a safer cheaper, and simple way to take payments. By creating a QR code or payment link, anyone with a banking app can pay you.
The app is the ultimate cash replacement for you, your friends and your business. For consumers, Roqqett is an instant and safe way to pay or get paid from anyone . You can also shop online and choose to pay from any UK bank account in just a few taps.
Source: TechSPARK 2021
Bristol-based Huboo expands into Europe
Huboo, has announced it will be kick-starting its European expansion with the opening of a new 35,000 sqft warehouse in Eindhoven, the Netherlands. Huboo the UK’s fastest-growing fulfilment company is opening its new base on 1st June in response to growing customer demand changing international trading laws as a result of Brexit. Huboo has created 200 new jobs throughout 2021, the warehouse will have the capacity to cater for more than 300 eCommerce clients at all times, with the potential to expand quickly if needed. A dedicated on-the-ground team has been appointed to manage the launch, and Huboo will be the first and only company to provide its pioneering micro hub technology in the Netherlands.
Speaking about the new base, Huboo’s co-founder and CEO, Martin Bysh said: “Expanding into Europe has always been a part of our plan for this year, regardless of Brexit. However, Brexit has naturally meant that many of our UK customers are now urgently seeking a trusted EU fulfilment partner to help get their products closer to their international markets, so we’re excited to be able to take on that role.
Source: TechSPARK 2021
Health Tech Firm Acquired By PE-Backed Group
A healthcare technology provider headquartered in Wallsend has been bought by acquisitive private equity-backed group Agilio Software, based in South West of England. Clarity Informatics providers IT services to primary care professionals and organisations such as GP practices. It initially started life as a Newcastle University spin-out and how has a headcount in excess of 50 staff. Agilios investment in Clarity will help to accelerate its growth and market expansion on both a regional and national level, with ambitions to significantly grow then number of workforce opportunities in the North East.
Clarity Informatics chief executive Tim Sewart said: “From the outset, Clarity’s ambition has always been to innovate and grow the business to be one of the leading providers in the industry.
“We see this as the next step in our development and we are incredibly excited to embark on this new chapter with Agilio Software.”
Source: Insider Media Limited
Milestone For Landmark Deep Tech Incubator
Construction work on a ne £6m deep tech incubator in the heart of Bristol has reached a milestone. The project is set to support an estimated 250 high-value jobs. Science Creates’ new incubator is being built in partnership with the University of Bristol and supported by a £1.5 m grant from Research England. It ties in with the Unviersty’s Temple Quarter Enterprise Campus development, which is expected to generate an estimated £626m of employment and financial benefit to the regional economy over the next decade. The project has now reached its half-way point and is on track to open in November 2021. The new space will provide 15 laboratories, offices, a community outreach ‘learning lab’ and events space in the 30,0000 sq ft former stationery warehouse.
Dr Hary Destecroix, founder and chief executive of Science Creates, said: ‘Bristol has all the elements a science company needs to grow and succeed, but I’ve learned first-hand the challenges companies face finding space to locate their business.
Source: Insider Media 2021