London-based Polymateria has secured £20M in Series B funding to commercialise their self-destructing plastic technology and expand into new markets. Founded in 2015, the start-up company has spent the past 8 years developing a novel plastic technology that breaks down in one year, without leaving any microplastic or toxic residue. This is a significant difference [...]
The Government published draft legislation in July 2022 covering significant reform to the UK’s Research and Development tax incentives to be effective from 1 April 2023. With this date imminent, let’s discuss what these changes mean. The Government stressed the objectives of the legislative changes are to produce a modernised and cost effective scheme with [...]
Altruistiq, a software as a service (SaaS) startup using data to improve carbon reporting, has raised £15 million in one of Britain’s largest tech seed funding rounds. The company’s mission is to create the means for nearly any company to achieve and improve their sustainability. Their solution? Data-driven carbon-analytics to drive decision making and identify [...]
Deregallera, a Welsh company founded in 2009, has caught the attention of Ford, securing £1.8 million in support for their electric vehicle project. The Caerphilly-based R&D firm will lead a project that will utilize the talent at Meritor - a commercial brake manufacturer, and Cardiff University. The project will focus on the design, development and [...]
CropBiome has received €1.3 million in funding in a round led by HBAN (Halo Business Angel Network), and a joint initiative of Enterprise Ireland, InterTradeIreland and Invest Northern Ireland. CropBiome is an agritech startup focused on building sustainability into a more secure food model. This mission comes in response to the growing concern of climate [...]
London-based MultiOmic Health Ltd. has partnered with Singapore’s Mesh Bio Pte. Ltd. to conduct an observational clinical study on patients with chronic metabolic disease and increased risk of complications such as chronic kidney disease. This partnership will provide access to data from patient populations in Asia which are historically underrepresented in chronic metabolic disease studies. [...]
Glasgow-based Kingdom Technologies has secured £2 million in funding from Scottish Enterprise and other UK and European investors. The product? Commercial robotic lawn mowers. The company was founded in 2018 and has grown rapidly since, bringing in multiple startup competition awards across Scotland and raising over £800,000 in funding from private investors and public funds. [...]
Sonio, a Paris-based startup focused on improving prenatal care with artificial intelligence, has secured €5 million in new funding. This funding round was led by Elaia, OneRagtime, and Bpifrance. The startup’s pioneering technology aims to guide practitioners during ultrasounds to optimize their treatment and diagnosis. They leverage 5 years of R&D and clinical development expertise [...]
Nearly half a million UK businesses will benefit from a tax cut worth up to £1,000 starting from the 6 April 2022. Tax cut worth up to £1,000 for eligible businesses announced by the Chancellor at the Spring State. Increase in Employment Allowance from £4,000 to £5,000 benefits around 495,000 businesses which is 30% of [...]
There are over 6 million small and medium businesses in the UK. So it's no surprise that small businesses submitted the majority of R&D tax claims last year. Additionally, this year the number of claims has increased once again What is considered a small business? Less annual revenue- small businesses often have small scale operations. [...]
Daniel McGregor2022-08-11I have been using Swanson Reed for my clients for more than a decade. Having a specialist firm that can provide practical and commercial advice that produces real outcomes is very important and we have received great feedback from our clients. Highly recommended.
Anatole Kononewsky2022-06-02The Swanson Reed team have provided our company with exceptional professional advice and assistance for all of our R&D claims for many years - have always achieved great results with excellent value for their services.
Melissa Doddy2022-05-31The Team at Swanson Reed are very experienced R&D Tax Advisors and gave us ongoing support with all of our R&D Claims, the consultants ensured we were always working with current legislative guidelines, gave us assistance with compiling technical and government documentation and went out their way to ensure they were with us for the entire process from beginning to end. Highly recommended to anyone who needs assistance with working through what can at times be a daunting process.
Alana Owers2022-05-30We have been dealing with Damian and Swanson Reed for several years in relation to processing our R&D claims. Always find them easy to deal with and helpful with all concerns and queries we have. We would highly recommend Swanson Reed for your R&D help.
Mexx Engineering2022-05-27We are a client of Swanson Reed since 2010. Damian and his team are very professional and extremely organised. At all times, our R&D applications were handled with care. They have reviewed each application extensively and made sure that we are supported every step of the way. We highly recommended their services.
Sarah Heath2022-05-27Damian and the team at Swanson Reed have been one of the most efficient professional organisations I have dealt with - their response time is commendable. Their specialist knowledge of R&D is extremely extensive but yet practical and importantly, they are approachable and considerate to the client's needs.
David Reisner2022-05-26We engaged with Damian and Angel at Swanson Reed on the recommendation of a related party. For the past four years they have helped my company navigate the process of research and development incentives offered by the Federal Government. This has been the single most important relationship we have had in financially supporting our journey as a start up. I can't recommend this organisation highly enough.
Sarah Hay2022-05-26Damian, Angel and the team have held our hand through the application of numerous R&D claims. They have consistently guided us through the collation of required information, ensuring compliance and simplifying the daunting task. Swanson Reed’s involvement has been vital to our successful applications!
Australia (AU)
