Huq Industries secures £4m from 24 Haymarket and ACF Investors to fund international expansion
The equity round was led by 24 Haymarket with backing from ACF Investors.
Huq Industries supplies mobility intelligence and footfall data to public sector bodies, retailers, and real estate developers. The platform helps organisations understand visitor frequency to support planning and investment decisions.
Huq Industries has secured £4m in equity financing to fund its international expansion and solidify its market position. The investment round was led by 24 Haymarket alongside participation from ACF Investors.
Founded in London, the mobility intelligence provider delivers precise data on footfall and visitor behaviour to local authorities and commercial firms. The capital will also be directed towards acquiring unique data sources to diversify its market research offerings.
From the founder
"We are delighted to have garnered such strong support from like-minded individuals in the UK investor community as we expand our operations to meet the growing demand for actionable insights on real world behaviours. This funding will enable us to build on the world class team that we have put together here at Huq in order that we can capitalise on the immense demand that we are experiencing for our products across EMEA."
Conrad Poulson
CEO at Huq Industries
Investor perspective
"We are delighted to continue to support Huq Industries on their exciting journey. Huq’s mobility insights enable businesses and local councils to improve consumer experiences and with this additional funding, Huq will be able to deliver more actionable insights to its clients in both the UK and EMEA."
James Campin
Investment Associate, 24 Haymarket
Use of funds
- 01Expand into international markets
Investors
Categories
About the company
Huq Industries
Huq Industries provides mobility intelligence and footfall data to public and private sector organisations.