Tribosonics secures £1.1m from Mercia to expand team and develop sensing technology
The Sheffield-based smart sensors business secured backing from NPIF to scale its operations and product development.
Share allotment filed at Companies House
Tribosonics provides smart sensing solutions that monitor industrial machinery and components to optimise efficiency, extend plant lifespan, and reduce energy consumption. Its integrated systems combine hardware, software, and edge analytics to deliver operational insights for global industrial clients.
Sheffield-based smart sensors business Tribosonics has raised £1.1m in a seed funding round from Mercia through the Northern Powerhouse Investment Fund. The capital will enable the firm to expand its headcount and accelerate product development as it targets global commercial growth.
Founded to tackle industrial friction and wear through embedded ultrasonic measurement technology, the company serves sectors ranging from manufacturing to power generation. Sarah Sandle of Rolls-Royce joins the business as Chair as part of the transaction.
From the founder
"We are delighted to receive the backing of Mercia and NPIF. Mercia has a great track record in backing innovative tech companies. We are a proud Sheffield business, flying the flag for Northern innovation, cutting edge engineering, and transformational IOT solutions."
Glenn Fletcher
CEO at Tribosonics
Use of funds
- 01Grow the team
- 02Continue product development
Investors
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About the company
Tribosonics
Tribosonics develops smart sensing solutions to monitor and improve industrial machinery performance.