Bristol's startup scene shows a strong presence in deep tech and financial services. Companies like AI chipmaker Graphcore have raised over $682M.
The city is also home to major fintech players, including ClearBank which has secured $627.4M in funding. This list highlights the key companies shaping the local ecosystem.
Below is our list of 54 Bristol startups worth keeping an eye on.
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Get the Sheet for $50ClearBank built the UK's first new clearing bank in over 250 years, offering a cloud-native platform for real-time payment processing. They provide financial institutions with direct access to major UK payment schemes, enabling them to create innovative banking services for their own customers.
| Year Founded | 2015 |
| Founders | Andrew Smith, Nick Ogden |
| Funding Amount | $627.4M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Private Equity |
| Top Investors | NatWest Group, Apax Digital, CFFI Ventures, PPF Group, Northern Private Capital (NPC) |
EnsiliTech created a platform that protects sensitive biologics, such as vaccines and antibodies, by encasing them in silica. Their process makes these materials stable enough to be stored and transported at room temperature, removing the need for a costly cold chain.
| Year Founded | 2022 |
| Founders | — |
| Funding Amount | £8.8M |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Seed |
| Top Investors | Empirical Ventures, Eos, Innovate UK, Calculus Capital, Elbow Beach Capital |
StorMagic builds simple and reliable software for storage and security in edge computing environments. Their solutions, including the SvSAN virtual SAN and SvKMS key manager, help organizations manage data infrastructure across distributed locations.
| Year Founded | 2006 |
| Founders | Chris Farey, Hans O'Sullivan |
| Funding Amount | £3M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Debt Financing |
| Top Investors | Palatine Private Equity, Claret Capital Partners, Meridian Growth Capital |
OVO Energy provides gas and electricity services to residential and business customers with a focus on renewable energy. They help users manage their consumption and lower their carbon impact through various green plans and smart technology.
| Year Founded | 2009 |
| Founders | Stephen Fitzpatrick |
| Funding Amount | £447M |
| Startup Size | Enterprise Organization (5,001+) |
| Last Funding Status | Private Equity |
| Top Investors | Mitsubishi Corporation, Morgan Stanley Investment Management, Mayfair Equity Partners |
Heidi operates an online booking platform that simplifies planning ski holidays. Their service allows travelers to purchase complete packages including flights, transfers, accommodation, and lift passes in one transaction.
| Year Founded | 2018 |
| Founders | — |
| Funding Amount | £5.9M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | Active Partners, Mercia Ventures, SWIG Finance |
eXmoor Pharma partners with biotech companies to develop and manufacture complex cell and gene therapies. They guide these advanced treatments from early-stage process development through to GMP manufacturing, helping to accelerate their path to the clinic.
| Year Founded | 2004 |
| Founders | Angela Osborne |
| Funding Amount | $51.8M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | MVM Life Science Partners, Kineticos Ventures |
Graphcore builds a new class of microprocessor, the Intelligence Processing Unit (IPU), designed from the ground up for AI and machine learning. This specialized hardware, along with its accompanying software stack, allows researchers to tackle complex AI problems that are out of reach for conventional processors.
| Year Founded | 2016 |
| Founders | Nigel Toon, Simon Knowles |
| Funding Amount | $682M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Private Equity |
| Top Investors | Sequoia Capital, Amadeus Capital Partners, Foundation Capital, Microsoft, Ahren Innovation Capital |
Moneyhub provides data and payment solutions for open banking, open finance, and open data. Their technology helps businesses securely connect financial accounts and manage payments.
| Year Founded | 2014 |
| Founders | — |
| Funding Amount | $81.5M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Venture Round |
| Top Investors | Shawbrook Bank, Nationwide, Phoenix Group, Lloyds Banking Group, Legal & General |
Immersive Labs develops a platform for measuring and improving the cyber skills of an entire organization. Their system uses hands-on, realistic challenges to help companies prove their teams are prepared for the latest threats.
| Year Founded | 2017 |
| Founders | James Hadley |
| Funding Amount | $189.7M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series C |
| Top Investors | Menlo Ventures, Insight Partners, Goldman Sachs, Summit Partners, Ten Eleven Ventures |
Huboo offers a complete fulfillment service for eCommerce brands, handling everything from storage to global shipping. Their unique hub model gives online sellers a dedicated team to pick, pack, and dispatch their orders.
| Year Founded | 2017 |
| Founders | Martin Bysh, Paul Dodd |
| Funding Amount | £149M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Undisclosed |
| Top Investors | BlackRock, HSBC, Ada Ventures, True., Episode 1 |
44 Additional Bristol Startups Worth Following
Our top ten picks offer a great snapshot, but there's much more to Bristol's startup community. Founders across the city are tackling problems in key areas like manufacturing and media.
Together, these companies have brought in over a billion dollars to grow their ideas. Here’s a look at the other startups shaping the city's ecosystem.