Karl Wills, founder and CEO of Birmingham based Pelipod Ltd, celebrated being announced as an upcoming ‘one to watch’ entrepreneur of global number one university business incubator, SETsquared at the House of Commons.
Karl was on an exclusive list selected from over 1,000 entrepreneurs who have been supported by SETsquared during the last 15 years.
SETsquared supports high growth tech companies that have significant economic impact, having collectively raised over £1bn of investment and created over 9,000 jobs.
The announcement took place on 29 March – the historic day that Prime Minister Theresa May triggered Article 50 to leave the EU – serving as a reminder of the UK’s strength in innovation and entrepreneurship in the global market.
The companies honoured have reached milestone achievements, including raising significant investment, exporting products globally, creating thousands of jobs or achieving a world first.
Karl invented and developed Pelipod, the worlds most advanced parcel delivery and returns product. Optimised as a secure final mile delivery solution for field based engineers, Pelipod IoT functionality gives companies comprehensive and timely data on the who, when and what of deliveries and returns. It enables full access control and even notifies engineers when their supplies have arrived.
Speaking of the achievement, Karl said:
“It has been an exciting journey to develop Pelipod and bring the product to market. We were acquired by BT in late 2016 as we have many synergies with their existing Supply Chain and Fleet businesses. They are providing enthusiastic backing to grow Pelipod through deploying the product to serve the 30,000+ engineers across BT, TSO and Openreach businesses and supporting us to sell to external customers across many industry sectors”.
SETsquared worked with an expert panel of investors and innovative corporate leaders to select the Top 50 Entrepreneur which includes companies from across various industries such as health, green technology and 5G and wireless communication.
Michael Queen, an investor on the panel, said:
“Creating a successful business requires talented entrepreneurs and a great idea but this isn’t enough. SETsquared acts as a catalyst providing support, logistics, training and mentoring to turn dreams into reality.
Over the last 15 years, SETsquared has made a major contribution to building a dynamic technology based business sector in the UK.”
The reception at the House of Commons was an opportunity for the entrepreneurs to celebrate their achievements along with MPs and special guests, as well as sharing stories on how they have successfully raised investment, exported products globally or had a major impact on their industry.
Simon Bond, Innovation Director at SETsquared, said:
“When I look back on the last 15 years, I am overwhelmed by the talent and achievements of the entrepreneurs that SETsquared has supported.
“They have brought world-leading innovations to market and these have been exported across the globe. SETsquared has provided support and a network for these entrepreneurs including access to mentors, experts, international markets and investors, and they are now out there doing SETsquared and the UK proud.”
To see the full top 50 list, visit: setsquared.co.uk/top50
For more information, images or interviews please contact:
Amy Grinstead at Carswell Gould
T: 023 80 238001 E: firstname.lastname@example.org
SETsquared is a long-standing partnership between the universities of Bath, Bristol, Exeter, Southampton and Surrey which specialises in growing high-tech start-ups through its incubation programme and other business acceleration services. SETsquared provides mentoring, access to investors and corporate innovators and a wide range of industry experts through its network and training programmes.
Its business incubation programme is ranked by the University Business Incubator Index as the best in the world and over the last decade it has helped over 1,000 high-tech start-ups to develop and raise more than a £1bn of investment.
Independent research carried out by Warwick Economics estimates the economic impact of SETsquared member companies to be £3.8bn over this period, with the creation of 9,000 jobs and that these companies will go on to deliver a further £8.6bn of impact to the UK economy in the decade ahead.