Tech South West reveals scaleup Ones to Watch 2023

Technology & Innovation

By Nicky Godding

9 February 2023

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Farming robots, ‘Google Maps for boats’ and artificial coral reef cubes are amongst the technologies celebrated in the first ever Tech South West Ones to Watch company showcase in 2023.

Selected from a longlist of nominations submitted by tech hubs, clusters and science parks across the South West, the Ones to Watch project showcases 22 of the tech sector’s most exciting high potential companies and includes organisations hailing from across the region.

Companies in the programme will have access to bespoke business support from Tech South West ScaleUp Studio on key topics such as finance, marketing, investor readiness, risk management, and talent.

Tech South West director and Funding and Support Lead, Ben Cooper, said: ”Each of the Ones to Watch receive a package of support and benefits, including a 360 assessment to help identify areas where the businesses may require additional support from our Growth Partners.

“The scaleups will also attend two packed Growth Days full of workshops, 1-1 sessions and roundtables in March and June, gaining expert insight to support their growth journeys.”

You can view the full Ones to Watch showcase at techsouthwest.co.uk/scaleup-ones-to-watch-2023

The Ones to Watch list includes Bristol scaleup Paranimo, and Bath biotech firm Kelpi alongside Bath-based fintech firm Seccl.

Steve Conibear, UK Network Director, South and East of England at the British Business Bank, a Growth Partner for the programme, said: “The British Business Bank is delighted to partner with Tech South West Scaleup Studio in supporting fast growing tech businesses across the region.

“Partnerships such as this are crucial to the Bank’s objective of encouraging and enabling businesses to access the finance best suited to their needs. The learning and networking opportunities tech businesses across the region can access from Tech South West Scaleup Studio will no doubt help in ensuring the already vibrant tech sector here continues to grow.”

Research commissioned by Tech South West in 2022 revealed that the sector is on track to grow to almost £20bn gross value added (GVA) a year by 2026, creating more than 125,000 new jobs.

Bristol-based software consultancy Deazy made the showcase alongside fellow Bristol healthtech firm Ferryx which completed the 22-strong showcase.

CEO Jenny Bailey said: "We are delighted to be one of Tech South West's ScaleUps to Watch 2023. Being a part of this prestigious programme will be hugely beneficial as we continue our mission to improve the gut health of millions by giving sufferers a safe and effective treatment without side effects."

By Nicky Godding

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe.

After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts.

She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.