Aircards secures £3m from Foresight Group for international expansion
Foresight Group provided growth capital to fund international expansion and product development.
Aircards is a global immersive studio delivering augmented reality, virtual reality, and mixed reality campaigns alongside spatial analytics and interactive displays for enterprise brands.
Aircards has raised £3m in growth capital from Foresight Group to fund its international expansion and scale its suite of immersive products. The studio will direct the capital toward enhancing its physical fabrication capabilities, growing its Invisionary interactive display line, and developing its Metalitix spatial analytics platform.
Established in 2020, the firm has delivered campaigns for major consumer brands including Nike, L'Oréal, and Unilever. Euan Jarvie has also joined the company as Executive Chair to assist with the next phase of growth.
From the founder
"We are delighted to have secured this investment from Foresight, which marks a significant milestone in Aircards’ journey. With Foresight’s backing, we’re scaling our core Studio, expanding our network of interactive AI and AR-enabled hardware displays, and growing the immersive software and fabrication capabilities that connect digital storytelling with impactful physical experiences. Foresight’s vision aligns perfectly with our ambition to set new global standards for immersive brand engagement, while building on our proud roots in the North East, proving that world-class creative technology can thrive here and resonate worldwide"
Michael Watson
Co-Founder & COO at Aircards
Investor perspective
"Aircards has demonstrated strong growth since inception five years ago and Foresight is excited to support the highly talented team on their next phase of growth. The North East is home to many ambitious and innovative SMEs, and this investment marks a meaningful step in Foresight’s ongoing commitment to the region."
Jordan Lavender
Senior Investment Manager, Foresight Group
Use of funds
- 01Expand into international markets
- 02Continue product development