Wriggle secures a £156k grant from Innovate UK to support product development.
The funding follows mentorship and guidance from Dorset Business Angels.
Wriggle operates a technology platform that connects local customers with discounted last-moment dining offers from cafes and restaurants.
Wriggle has secured a £156k SMART Grant from Innovate UK to fund product development. The funding follows mentorship and introductions provided by Dorset Business Angels after founder Rob Hall pitched to the network.
The capital will allow the company to accelerate its growth and prioritise development spend on its platform, which helps hospitality venues monetise empty tables and surplus stock. Dorset Business Angels supported the team throughout the application process after identifying the business as a strong candidate for backing.
From the founder
"We are delighted to have been awarded the SMART grant from Innovate UK. The guidance and support that we received from Frank Guinn at DBA was invaluable. The support of both the Dorset Business Angels and Innovate UK is important validation of the hard-work that we’ve put in and the opportunity in front of us – it will only serve to increase the probability of success by allowing us to prioritise development spend."
Rob Hall
Founder at Wriggle
Investor perspective
"Wriggle gave an excellent presentation and generated interest from approximately 7 investors at the meeting who were keen to find out more. We then met the very capable team at Wriggle, looked at their product and business plan in greater depth, reviewing forecasts and other financial information and data. I did this along with fellow investors, David Ford from Bright Blue Day and DBA guest Anthony Storey, Director of Silicon South."
Frank Guinn
Investor, Dorset Business Angels
Use of funds
- 01Continue product development