ExactTrak raises £1m in seed funding from UKI2S and angels to develop post quantum cybersecurity technology.
The round was led by UKI2S with a £500k contribution to support the development of hardware based cyber defences.
ExactTrak provides hardware based cybersecurity solutions designed to safeguard data across government and commercial sectors. The firm holds multiple international patents, including technology for remote memory destruction.
ExactTrak has secured £1m in a seed round led by UKI2S alongside several angel investors and existing backers. The capital will be deployed to advance the development of post quantum cybersecurity solutions and drive expansion into new markets.
The funding follows recent commercial milestones, including a government contract and collaboration with Dell. UKI2S contributed £500k from its defence and security seed fund to support the company's hardware focused approach.
From the founder
"We are thrilled to have the support of UKI2S as a key partner in our journey."
Norman Shaw
Founder and CEO at ExactTrak
Investor perspective
"ExactTrak’s innovative approach to cybersecurity places them at the forefront of the industry."
Mark White
Investment Director, UKI2S
Use of funds
- 01Continue product development
- 02Expand into international markets
- 03Invest in sales and marketing
