Mina Digital secures pre-seed investment led by NorthInvest at a £2m valuation.
The funding round was led by Gary Shuckford of NorthInvest and will support team expansion and new premises.
Mina Digital develops electric vehicle charging software that simplifies fleet management for businesses across the UK. The start-up offers a consolidated payment solution for energy costs regardless of vehicle charging locations.
Sheffield-based electric vehicle tech start-up Mina Digital has secured pre-seed investment at a £2m valuation. The funding round was led by NorthInvest angel investor Gary Shuckford, with additional support from Stuart Brown at NorthInvest and Mick Morris of Compellor, alongside various private angel investors.
The capital will be deployed to support the company's growth strategy, which involves relocating to new offices in Sheffield and expanding its operations and development teams. Founded in December 2019, the firm provides software designed to streamline fleet charging payments.
From the founder
"We’re delighted to have secured such a strong vote of confidence from this experienced team of investors. Our new Angels bring with them knowledge and contacts across a range of relevant industries, putting us in a very strong position to build on the amazing work the Mina team have delivered so far. We’re incredibly excited about the future."
Chris Dalrymple
Co-founder at Mina Digital
Investor perspective
"Mina shows great potential, it has a strong team uniquely positioned to fill a real need in the market. I’m proud to back such an ambitious team which will support the seamless transition to electric vehicles and a more sustainable future."
Gary Shuckford
Angel Investor, NorthInvest
Use of funds
- 01Grow the team
- 02Scale operations
- 03Build out infrastructure
Investors
Categories
About the company
Mina Digital
Mina Digital develops software that simplifies electric vehicle charging management for corporate fleets.