Startups

Dorset Biz News is now part of Insider Media!

From now on, all content produced by Dorset Biz News journalists will feature in Insider magazine and on the Insider website - bringing you even more in-depth business news, exclusive insights, and key regional deals.

What is Insider Media?

Insider is the UK’s biggest regional B2B publisher, delivering breaking business news, expert analysis, and exclusive interviews across key industries.

With a national reach and deep regional focus, Insider connects businesses, decision-makers, and entrepreneurs with the latest opportunities and insights.

Looking for the latest business news from Insider’s south west team? CLOSE
 

Innovative healthcare & wearable tech catch investors’ eyes at Dorset Business Angels event

By Daniel Face [email protected]

Published: February 6, 2025 | Updated: 6th February 2025

Dorset Business Angels (DBA) kicked off 2025 with its first pitch event of the year earlier this week at the Carlton Hotel in Bournemouth.

Dorset Business Angels logoThe group also debuted its new ‘meet the founder’ format, whereby investors were given the opportunity to engage informally with entrepreneurs and see product demonstrations before formal pitches began.

DBA will be bringing back the format for future events after the positive response.

The evening continued with an annual presentation from Rob Jones, head of Rathbones’ Bournemouth office, who provided a comprehensive market review and shared insights into the economic outlook for 2025.

It was then up to five innovative startups to present their ventures to local investors.

Peter Eales“We’re seeing strong momentum continuing from last year,” said Peter Eales, managing director of DBA.

“The quality of pitches and level of investor engagement, combined with Rob’s always-insightful market analysis, demonstrates the vibrant entrepreneurial ecosystem we’re nurturing in the region.”

Among the five presenting companies, two standout pitches particularly captured investors’ attention.

One was a sports tech brand whose wearable device has already gained significant market traction.

The business has secured multiple patents, CES and Red Dot awards, and is aiming to raise £250,000 at a £6 million valuation.

Its founders demonstrated impressive direct-to-consumer margins of 65 per cent and established partnerships with major retailers – altogether receiving six expressions of interest from attending angels.

Also popular on the evening was a healthcare tech startup which is developing a platform to connect patients, medical professionals and service providers.

Having helped reduce processing times by 94 per cent on its pilot programmes with the NHS, the business sought a £400,000 investment at a £2.2 million valuation – a prospect which interested three angels in attendance.

Two other pitches, while presenting interesting propositions, did not secure investor interest at this stage, while a fifth venture showed promising potential but was considered too early in its development for angel investment.

Don McQueen, chair of DBA, added: “The variety and quality of pitches continue to improve.

“What’s particularly encouraging is seeing companies that have not only innovative ideas, but also demonstrated market validation and clear paths to scalability.”

The event was sponsored by TC Group, Ellis Jones Solicitors, Investec Wealth & Investment and The FSE Group.

DBA’s next pitch event is scheduled for 19 May.

Latest Posts

Business mentor Erin to host 7th annual event backing women entrepreneurs in Bournemouth

iPads on offer for four Dorset startups keen to attend entrepreneurship masterclass with STRIDE

Innovative healthcare & wearable tech catch investors’ eyes at Dorset Business Angels event

Dorset Business Angels to debut ‘meet the founder’ format for investors with five new ventures

Latest network event celebrates entrepreneurs in Dorset's armed forces community

All Law Stories »

Latest Posts

Saffery Senior Manager Matt Trowbridge looks at business exit planning and we meet Audit Assistant Elisa Cordial

Skyborne to launch second UK pilot academy in Bournemouth after flyaway success in Gloucs

Podcast which has hosted football royalty and SAS legend finds new home at Smartbase

Business mentor Erin to host 7th annual event backing women entrepreneurs in Bournemouth

Biz Roundtable: Dorset business community must champion county’s economic strengths

All Latest News »