Welcome to Activate Ventures!
Updated: Nov 11, 2021
Our blog posts are designed to offer insights as you start and grow your business. Plus we will share the latest news from our community and the startup world.
For now, find out more about us on the about page here. Feel free to sign up for our newsletter to stay in touch with the content and news. And of course let us know if you have suggestions for topics you would like to know more about.
Breaking news
We are delighted to share that Patrick Reich and Eliot Makabu, founders of EV charging point aggregator Bonnet, one of our pilot companies for the Activate Foundation Programme in early 2020, have just raised a new funding round of £920,000. Many congratulations! We look forward to watching your continued success in making life easier for electric vehicle drivers.
“Since the pilot programme with Activate, we have managed to sign some big names as pilot clients and raise our first institutional round. Activate definitely prepared us for these achievements, as we learned a great deal from them about investor readiness and how to position ourselves in our respective market.” Patrick Reich, Bonnet Founder
A huge shout out to Robert and James at Plend, graduates of our Winter 2020 cohort, who have just announced that they have successfully raised £700,000 in equity investment from early-stage VC’s Tomahawk, Ascension, and Haatch, as well as backing from NBS Ventures, a part of Nationwide Building Society’s Incubator. Looking forward to watching them revolutionise personal lending and end financial exclusion!
Big congratulations are also in order for Leo and Aaron, founders of Better Universal Grub, that's BUG to you and me! Edible insects are a sustainable, delicious, superfood and BUG is on a mission to take them mainstream. Yes, the kits are very tasty! Graduates of our Winter 2020 cohort, they have been incredibly busy this summer, raising a £390,000 pre-seed round led by EPIC Private Equity, and through Crowdcube. Even better, they have been testing the latest, greatest BUG recipe kits for you, in beta this year. Look our for their launch in November and sign up here to find out more.
Coming up
We are looking forward to inspiring -- and being inspired by -- the next cohort of startups from TechSouthWest, for the Startup Studio, starting at the end of September. There are still a few days left to apply here.
An impressive 4 of the 14 companies in our Winter cohort have now closed funding rounds, with whispers that another is close! More details when things are public and congratulations to all!
See you soon!
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