July: KETS Tech Xpo 2020 | News and features – University of Bristol

The KETS Quantum Security team

Press release issued: 1 July 2020

KETS Quantum Security, world leaders in integrated quantum cryptography hardware solutions, pitched against ten other start-ups from Bristols world-leading tech scene to win the Best Elevator Pitch audience vote at Tuesdays inaugural online version of SETsquared Bristols Tech-Xpo.

SETsquared Bristol is a University of Bristol led incubator, supporting the growth of technology-based businesses, helping them move from initial ideas into commercial viability.

Tech-Xpo is SETsquared Bristols flagship pitch, demo, connect showcase, open to its startup members.

Founded in 2016 in the University of Bristols Quantum Engineering Technology Labs, KETS work with partners across telecommunications, data centres, governments, finance, and defence.

In summer 2018 it secured 2million in seed funding, 1million of which was from Innovate UK and the Industrial Strategy Challenge Fund.

Chris Erven, CEO of KETS said: Were incredibly excited to win the Tech Xpo pitch competition. Its validation that we can no longer ignore the need to transition to quantum-safe digital security.

KETS win comes at a key time in the UK National Quantum Technologies Programme with the government today announcing in its UK Research and Development Roadmap the need to address complex and pressing challenges including security.

SETsquared Bristols first virtual Tech-Xpo attracted its largest audience in its 16-year history of over 190 UK and international investors, business partners and colleagues. It took the decision shortly after lockdown that social distancing would not stop its flagship annual showcase to ensure its startups got the network access and business support they were seeking at this challenging time.

Previous Tech-Xpo pitchers have gone on to achieve great success. 2018 winners, LettUs Grow, have since raised 3million to finance piloting of their sustainable farm scale systems.

Neighbourly, who pitched in 2015, is now a multi-award-winning CSR platform with community partnerships including Aldi, M&S and Starbucks. And last years winner, University of Bristol spin-out Vitamica, is working towards commercialisation of its rapid antimicrobial susceptibility testing.

Steve Edwards, Centre Director at SETsquared Bristol, said: Supporting rapid growth of tech startups has never been more vital to rebuild our economy, and Im grateful to bring such a collaborative network together at events such as Tech-Xpo.

Business Private Equity Clubs Denis Mullan said: Tech-Xpo is a great opportunity to see early startups developing ideas into investable businesses. It is exciting to hear SETsquareds ambitions for collaboration.

Sponsors of Tech-Xpo 2020 were VWVandCorrigan Accountants, both of which are long standing Lawyers-in-Residence at SETsquared Bristol, offering pro-bono services to its ventures.

Nathan Guest, Corporate Partner and Head of VWVs Technology sector, said: We are delighted to sponsor Tech-Xpo for the 10th consecutive year. Our role asLawyer-in-Residence toSETsquared Bristol remains a foundation of our support to tech and life science start-ups and scaleups in the city region. The inaugural virtual Tech-Xpo 2020 was another brilliant showcase for SETsquared Bristol and the ventures it supports.

If youre an investor that would like more information on SETsquared Bristol companies, or have ideas for how we can accelerate the growth of our companies, please get in touch.

Information aboutSETsquaredBristol

SETsquared Bristol is a University of Bristol-led tech incubator, supporting founders to grow businesses. It has incubated over 250 companies to date, with over 500 million raised. It provides a dynamic, collaborative and supportiveenvironment supporting its members withhigh-quality, bespoke business supportand expertise.It was named Hottest Accelerator in Europe at The Europas Awards 2020, and Global#1University Business Incubator in2019,2017 and2015 as part of the SETsquared Partnership of five centres. For more info:www.setsquared-bristol.co.uk

Information aboutSETsquared Partnership

TheSETsquaredPartnership is the enterprise collaboration between five leading research-intensive universities: Bath, Bristol, Exeter, Southampton and Surrey. Whether its an entrepreneur with an idea or a very early stage, high-tech start-up company, SETsquaredsmission is to help turn an innovative spark into a thriving, commercial business. As well as business creation,SETsquaredalso has a role in embedding entrepreneurial thinking and behaviour within the universities that it supports. For more info: http://www.setsquared.co.uk

The 10 other pitching companies at Tech-Xpo 2020 were:

AutonoMecombines educational technology with one to one support to improve outcomes for vulnerable people in social care settings.

Barbal is a powerful technical document editor for regulatory, contract and requirements documents without the pain, waste and delay.

Bristol PoundAfter 8 years of running our local currency, Bristol Pound CIC is now developing Bristol Pay a non-profit e-wallet platform with digital money for all, and tokens to create environmental and social impact.

Byrde is re-imagining how runners run. Were a training product that adapts to you and your running after every activity.

Elvie is bringing women's technology out of the dark ages. We develop smarter technology for women and are committed to building extraordinary products that improve womens lives.

GenomeKey is a biotech startup reducing the time taken to determine how to treat sepsis from days, to only hours by combining next-gen DNA sequencing with cutting edge A.I.

getUBetter is an app for musculoskeletal injuries and conditions such as back, leg, knee and neck pain, designed to help you manage your recovery day-by-day and keep you connected to your local health services.

iletpro is an online property platform that provides services to landlords and tenants nationally. We use an artificial intelligence chat bot and automated messaging system to remove language and culture barriers and minimize cost.

Radii Devices has developed intelligent software to support clinicians in getting a perfect fit, faster for prosthetics, orthotics and other external medical devices.

Zentraxa is developing high-performance bio-materials inspired by natural systems and precision engineered to have improved performance to bring solutions to difficult problems.

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July: KETS Tech Xpo 2020 | News and features - University of Bristol