Bristol’s tech community has hailed a game-changing flood of investment into the city in 2017 which has helped Bristol become the most competitive and productive tech cluster in the whole UK.
Bristol and Bath’s tech cluster has raised its profile across Europe in the last year, being ranked 12th in Atomico’s State of European Tech list of European cities by capital invested in 2017. Bristol also has the highest digital tech turnover per person in the UK at £320,000. Graphcore, a company that has spun out of Bristol University and is developing a processing unit that can hold a complete machine learning model in its processor is one of the recipients of this fundraising, having raised $80m in 2017. Another Bristol University spin-off – Ultrahaptics – raised $23m in 2017.
Tech Nation on Tour arrives at Engine Shed the co-working space and incubator for Bristol and Bath on 12 September when entrepreneurs, founders and tech ecosystem experts will assemble to debate the opportunities for developing startups in the South West cities.
Read the full press release from Tech Nation here.