10 February 2021, Cambridge, UK Saudi Aramco Energy Ventures investment in CorrosionRADAR® predictive corrosion monitoring technology energises global push on industrial digitalisation New investment from Saudi Aramco Energy Ventures (SAEV) is driving the next phase of global growth for UK-based company CorrosionRADAR Ltd. The funding will enable CorrosionRADAR to strengthen its operations and widen efforts to […]Read More
OpenSensors Raises $4m to Help Large Organizations Create Safe, Productive and Flexible Workplaces OpenSensors measures air quality and space utilization to help organizations return to work safely using sensors to monitor workspaces OpenSensors has worked with global enterprises, including FTSE 500 Financial Services and Technology companies, across North America, Ireland, UK and Europe, providing evidence-based […]Read More
Corrosion monitoring firm raises further £900k to build global sales pipeline A company whose technology can detect and predict corrosion in pipelines has raised a further £900,000 to expand its global client base. CorrosionRADAR, which has offices in Cranfield and Cambridge, secured the investment from the MEIF Proof of Concept & Early Stage Fund, which is […]Read More
Smart sensors company raises £1.1m of NPIF investment to boost growth A Sheffield company whose smart sensing technology helps industry to reduce costs has raised £1.1m from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund. Tribosonics embeds sensors within bearings and other moving parts to create ‘intelligent […]Read More
Connexin secures £80m investment from Whitehelm Capital to take UK Smart Cities to the next level Hull-based Smart City company raises significant capital to build smart programmable communities of the future Infrastructure manager Whitehelm Capital commits to the growth of digital infrastructure in the UK UK citizens set to benefit from societal impacts – improved […]Read More
We are delighted to announce a successful fundraise that will help North-East based impact sensor developer HP1T technologies to move its potentially life-saving applications into early commercialisation. The technology captures accurate data about the time, location, magnitude and direction of an impact experienced by a helmet. Although originally designed to help identify the scope and scale of traumatic brain injuries caused […]Read More
Nottingham-based smart textiles company Footfalls weaves in additional investment to support expansion plans 07 October 2019 Foresight Group LLP (“Foresight”) announces a further £749k equity investment into Footfalls and Heartbeats Limited (“Footfalls” or “the Company”) through the Midlands Engine Investment Fund (“MEIF”), leading a £1.5m round with additional backing from the University of Nottingham and […]Read More
Touch Biometrix, the disruptive fingerprint technology company, has received a £2million investment from Deepbridge Capital. The Series A funding through the Deepbridge Technology Growth Enterprise Investment Scheme (EIS) fund follows initial seed funding of £150,000 last year. Touch Biometrix is developing a new class of fingerprint sensor for application to consumer electronics such as smartphones […]Read More
Swansea-based firm will use investment to power its growth having already attracted BT and Network Rail as clients Monday, 25 February 2019 A Swansea-based IoT company has received six-figure investment from the Development Bank of Wales. Vortex IoT will use the investment to help the business continue its trajectory of international growth. The firm builds […]Read More
Foresight makes £249,000 MEIF investment into smart textiles business Footfalls and Heartbeats Limited 28 November 2018 NOTTINGHAM, 28 November 2018: Foresight Group LLP (“Foresight”) announces a £249,000 equity investment into Footfalls and Heartbeats Limited (“Footfalls” or the “Company”) through the Midlands Engine Investment Fund (“MEIF”). Based in Nottingham, Footfalls has developed a revolutionary and proprietary process […]Read More