Raised £320,000 in pre-seed investment

£320,000 pre-seed investment from Gabriel syndicate, Scottish Enterprise, and University of Strathclyde.

We are pleased to announce a significant milestone in our company’s growth journey: securing £320,000 in pre-seed investment. The investment, led by the esteemed Gabriel investment syndicate and co-invested by Scottish Enterprise and the University of Strathclyde, marks a pivotal moment that propels us forward on our path to achieve our mission. 

The impact of this investment has allowed us to expand our team from a single employee to a dynamic group of four full-time employees, along with three consultants and two Non-Executive Directors (NXDs). This growth not only strengthens our capabilities but also enriches our collective expertise, positioning us for even greater achievements in the future.

Furthermore, this investment has provided us with the resources necessary to accelerate our product development efforts. With the goal of reaching Minimum Viable Product (MVP) status by January 2025, we are diligently working towards bringing our innovative solutions to market, poised to address critical needs and revolutionise our industry.

Looking ahead, our plan is to build upon this success and momentum as we prepare for our next fundraising round. Starting in January 2025 and aiming to close by June 2025, we are targeting a raise of approximately £2-3 million. This ambitious undertaking will fuel our continued growth, enabling us to scale our operations, expand our reach, and solidify our position as a leader in our field.

As we reflect on our journey thus far, we are immensely grateful for the support and confidence placed in us by our investors, partners, and team members.  With each milestone we achieve and every challenge we overcome, we are one step closer to realising our mission and making a lasting impact.

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