Navitas Digital Safety secures £500k from The FSE Group to scale operations and develop a new safety platform.
The Leicestershire food safety technology business raised the seed investment from The FSE Group Debt Finance Fund via the Midlands Engine Investment Fund.
Navitas Digital Safety is a Leicestershire based food safety technology firm that digitalises compliance processes for the hospitality sector. It operates from Coalville to help businesses manage their health and safety obligations.
Leicestershire based Navitas Digital Safety has secured £500k in seed funding from The FSE Group Debt Finance Fund through the Midlands Engine Investment Fund. The capital will be directed towards product development, specifically creating a single destination safety platform and enabling a software as a service model for hospitality clients of all sizes.
Established in 2014, the company streamlines labour intensive safety processes for the food hospitality sector. The fresh capital supports the firm as it scales operations and pursues its goal of becoming a leading compliance and digital safety consultancy.
The Midlands Engine Investment Fund is supported by the European Union and the European Investment Bank, providing various debt and equity options for innovative regional businesses.
From the founder
"Every food service business knows and understands the importance of health and safety. I am passionate about making the complex world of food safety legislation as simple and cost effective as possible. Our aim is to become the leading "one stop" food health and safety consultancy, compliance, training and digital safety management company within the food hospitality sector. Having successfully secured the funding, we can confidently grow our business to the next level to achieve this."
Ben Gardner
CEO at Navitas Digital Safety
Investor perspective
"We are proud to have supported Navitas with their expansion plans. The job creation will have a positive impact on the local economy and further strengthen the future of the business. Through the Midlands Engine Investment Fund, The FSE Group are committed to providing finance for innovative Midlands based businesses with the potential to grow."
Paul Lynam
Fund Manager, The FSE Group
Use of funds
- 01Continue product development
- 02Scale operations
Investors
Categories
About the company
Navitas Digital Safety
Navitas Digital Safety provides digital food safety and compliance management tools for the hospitality industry.