Committed Capital and Mercia led the seed follow-on investment to support airport transfer tools and healthcare expansion.
"We are delighted with the considerable support we have received from our investors. With the opportunities that are available to us across our key industry verticals and armed with the technology to realise them, we anticipate an incredibly exciting period in the business’s development next year and beyond."
The funding was secured from Wealth Club and the Development Bank of Wales to support product development and global expansion.
"Our purpose has always been to help people be better with data. This funding is a fantastic recognition of our hard work and shows a strong belief and confidence in our forward mission as a business."
The Leicestershire food safety technology business raised the seed investment from The FSE Group Debt Finance Fund via the Midlands Engine Investment Fund.
"Every food service business knows and understands the importance of health and safety. I am passionate about making the complex world of food safety legislation as simple and cost effective as possible. Our aim is to become the leading "one stop" food health and safety consultancy, compliance, training and digital safety management company within the food hospitality sector. Having successfully secured the funding, we can confidently grow our business to the next level to achieve this."
The funding round was led by firstminute capital and will support the development of new products beyond the DK-One.
"This is one of the most highly-anticipated stages of our business and a really important step. We’ve spent time talking to our customers and industry specialists, and seen huge enthusiasm for DK-One’s potential. Now up and running, this will be the first time we can use a pre-production machine to demonstrate the DK-One’s commercial and nutritional benefits in the real world and thus demonstrate our vision for the future of food. I am proud of our amazing team for the work they’ve done to get this far this quickly, despite the challenges of the pandemic. We are all really excited to begin fulfilling our customer’s expectations."
