• UKI2S invests in ground breaking post-quantum cyber threat solution.
• ExactTrak recently secured a UK Government contract, a testament to their capabilities.
• ExactTrak has also strategically collaborated with Dell to meet evolving cybersecurity needs in the defence, security and commercial sectors.

ExactTrak, a leading player in UK cybersecurity who recently secured a UK Government contract, has successfully raised £1 million – including a £500,000 investment from UKI2S’s £18m MOD-backed defence & security seed (D2S) fund alongside several angel investors including major existing backers.

With nineteen granted international patents and a ‘Mission Impossible’ patent for remote memory destruction, ExactTrak offers innovative solutions that transcend industries, safeguarding government and commercial sector data alike.

The £1m will enable ExactTrak to further develop its groundbreaking post-quantum cyber threat solution, marking a pivotal advancement in the cybersecurity landscape. Their approach is underpinned by world-first patented technology, offering a crucial solution for the evolving digital landscape of laptops and desktops. 

By emphasising built-in hardware as opposed to conventional software solutions, ExactTrak effectively eliminates traditional cyber threats, ensuring a robust and comprehensive defence mechanism that transcends the limitations of standard software-based approaches. 

The company has strategically collaborated with Dell, leveraging not only technical support but also forging pathways for remote management within laptops that operate independently, further enhancing their capability to meet evolving cybersecurity needs in the defence, security and commercial sectors.

Norman Shaw, ExactTrak’s Founder and CEO commented on the raise: 

“We are thrilled to have the support of UKI2S as a key partner in our journey.

“This investment marks a significant milestone in our pursuit of creating cutting-edge solutions that redefine cybersecurity standards, particularly in the face of quantum computing cyber threats. Our mission is to transform the industry by ensuring the utmost security for government and commercial sector customers alike.”

The £500,000 Seed investment from UKI2S comes at a pivotal time for ExactTrak, known for its remarkable achievements, including nineteen granted international patents and a groundbreaking ‘Mission Impossible’ patent, securing the remote physical destruction of memory within a mere three seconds. With a goal to protect government data and facilitate dual-use applications in the commercial sector. 

Commenting on the investment, Mark White, Investment Director at UKI2S managed by Future Planet Capital, highlighted the dual-use capabilities of ExactTrak’s solutions:

“ExactTrak’s innovative approach to cybersecurity places them at the forefront of the industry.

“Their solutions, available to anyone in the government and with applications in the commercial sector, particularly in finance and healthcare, demonstrate the cross-sector impact of their technology.”

This investment will fuel the expansion of ExactTrak’s highly secure government-assured solution, driving the company into new markets, with a focus on sales growth and solidifying their position in the defence and security sectors.

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About ExactTrak:

ExactTrak is a cybersecurity trailblazer with a mission to redefine industry standards. With 19 granted international patents and a ‘Mission Impossible’ patent for remote memory destruction, ExactTrak offers innovative solutions that transcend sectors, safeguarding government and commercial sector data alike. For more information, visit www.exacttrak.com 

About UKI2S:

UKI2S is an early-stage investment fund that nurtures innovative businesses from great UK science to leverage private investment and grow jobs.

As part of the fund UKI2S is unleashing support for defence, security and cyber startups through its Defence & Security Seed portfolio (“D2S”).

This pioneering initiative was launched in 2022 and has recently received a further injection of capital from the Ministry of Defence (MOD) as the UKI2S fund tops £102m. D2S looks across a broad range of technologies with dual use applications including cybersecurity, hardware, internet of things, robotics and sensors. D2S works closely with the Ministry of Defence (MOD), including the department’s Defence and Security Accelerator (DASA) and the Defence Science and Technology Laboratory (DSTL).

UKI2S is independently managed by Future Planet Capital, an impact-led global venture capital firm built to invest in high growth potential companies from the world’s top innovation ecosystems.

For further information on the Defence and Security Seed funding and how to approach for investment funding visit: www.ukinnovationscienceseedfund.co.uk