SQCDP secures £200k in pre-seed funding led by QVentures to expand its factory software platform.
The Newcastle-based manufacturer digitisation startup raised the pre-seed capital from QVentures and angel investors.
SQCDP provides a software application that replaces paper and spreadsheet systems in factories to improve manufacturing efficiency. The digital platform collects factory floor data and connects teams in real time.
SQCDP has raised £200k in a pre-seed funding round led by QVentures, with participation from several angel investors. The Newcastle-based startup provides a software platform designed to eliminate paper systems and spreadsheets on factory floors, thereby improving operating efficiency and workforce engagement.
The capital will support the company as it expands its operations and scales its software offering across the manufacturing sector. The round follows previous backing from the Ignite Accelerator and marks the latest investment from the QVentures Pre-Seed SEIS Fund.