Digital Converters secures £250k debt from Mercia to launch a family photo-sharing platform.
The Ripon-based media conversion specialist has raised £250k from Mercia Debt Finance to fund its next phase of growth.
Digital Converters migrates legacy media such as videotapes, photographs, and cine film into digital formats for consumers and corporate clients. The Ripon-based business is launching a dedicated cloud storage platform for family archives.
Digital Converters has secured £250k in debt financing from Mercia through the Northern Powerhouse Investment Fund. The capital will support the company as it launches a new family photo-sharing platform and expands its operations internationally. Founded in 2016, the firm has experienced rapid growth by migrating hundreds of thousands of tapes and photographs for clients across the United Kingdom.
From the founder
"For decades, memories were captured on formats which are now inaccessible and deteriorating."
Sean Parle
Director at Digital Converters
Use of funds
- 01Expand into international markets
- 02Continue product development
- 03Invest in sales and marketing
Investors
Categories
About the company
Digital Converters
Digital Converters transforms outdated media formats into secure digital archives.