Press on Vinyl raises £475k in equity investment to expand manufacturing capacity
The funding was secured following a collaborative pitch event hosted by NorthInvest and Azets.
Press on Vinyl is a precision manufacturer and distributor of vinyl records based in Middlesbrough, operating the first vinyl pressing facility in the North of England.
Press on Vinyl has raised £475k in equity investment as part of a wider seven-figure funding round. The transaction was facilitated through a collaborative pitch event hosted by NorthInvest and financial partner Azets.
The capital will be used to purchase a second pressing machine and a heat generator for the company facility at the Tees Advanced Manufacturing Park in Teesside. The funding supports the finalisation of the manufacturing plant and aims to help service growing sales demand.
The company was established to address capacity shortages in the global vinyl market by providing precision manufacturing services to artists and record labels of all sizes.
Use of funds
- 01Build out infrastructure
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About the company
Press on Vinyl
Press on Vinyl manufactures and distributes vinyl records for independent artists and labels.