The internet startup incubator for Bristol.
Bristol, United Kingdom
WebStart Bristol is the internet incubator for the dynamic city of Bristol which opened in January 2014. Following two successful Seedrs campaigns, the first cohort of ten companies completed their programme in March 14 and the second in July 14. These two Seedrs campaigns were structured as funds with an average net investment of £10K going directly to each startup in exchange for 10% equity.
In November 2014 a third Seedrs campaign offered investment directly in WebStart Bristol Ltd (as opposed to the individual startups that participate in the incubator programme) and £150,000 was quickly raised in exchange for a 14.29% shareholding in the company. Those funds have been invested in five new startups over the past year in exchange for 10% equity stakes and supporting the existing Webstart companies.
Now a small amount of additional funds are required to continue to support the growing Webstart companies and participate in pre-emption and follow-on funding rounds.
- Founder and CEO