Where do we get our data?
When companies use shipshape.vc, our free to use investment search engine, they tell us about their company growth plans. This means that they can find investors interested in their domain for free, and shipshape.vc gains valuable insights into emerging technology companies. Deeptech in the South West is a particularly promising area.
What is the value of Deep Tech in the South West?
Of the companies based in the South West that have used our search engine, 20% are in Deeptech. However, companies in the Deeptech space make up a disproportionate share of the equity value of companies in the South West (£284m out of £641m). The combined value of Deeptech companies represents 44% of the total value of South West-based companies.
How much are Deep Tech companies in the South West raising?
Moreover, our data shows that companies in the South West plan to raise a combined total of c. £178m. Of that total, businesses with a Deeptech focus are looking to raise c. £94m, which represents 53% of the total amount being raised. This represents a significant share of potential investment for the region.
What technologies are being developed?
shipshape.vc data shows that there are some particularly interesting technologies being developed in the South West. From underwater autonomous vehicles (UAVs) to a solution to removing pathogens from water without the need for toxic chemicals. Another makes green energy sailing vessels that combine energy generation, storage and distribution. Others include a company developing new batteries for EVs, businesses developing advanced technologies in robotics, semiconductors, and more.
These few examples demonstrate the profound impact that South West-based Deeptech business could have not just for the region, but on a global scale.
