Ingenious is a Financial Conduct Authority regulated alternative investment manager that specialises in media, infrastructure, real estate and education. Founded in 1998, the company has raised and deployed over £9bn of capital on behalf of clients across all the operating divisions since inception.
Guy brings finance experience from roles as an investment director, chief financial officer, and non-executive director across clean technology and investment firms.
The Shropshire immersive tech firm raised the funding via the Enterprise Investment Scheme.
"This latest investment, along with the ongoing increase in the valuation of Igloo, is a reflection of the significant progress we’ve made, irrespective of a global pandemic and recession. Sales have remained buoyant and we have been able to penetrate new geographies, with Igloo technology now used in 39 countries."
Ingenious led the Series A investment round to support the growth of the digital construction platform.
"There has been solid growth in the use of BIM worldwide and especially in the UK following the government mandate for BIM Level 2 on all large-scale public sector construction and infrastructure projects since 2016. 3D Repo’s online platform has excellent collaborative tools that allow teams to achieve all the benefits promised by BIM, consistently helping projects meet cost and time targets. We are very happy to support 3D Repo and look forward to seeing the growth of the company which aligns strongly with our investment strategy and infrastructure sector focus."
The investment round was led by Ingenious to support software development and international expansion.
"Over-C has created and developed a management tool designed to improve mobile and field-based business processes and remote workforce operations. As an active investor and manager, we are delighted to support this award-winning company, setting new standards for managing operational performance. We look forward to working closely with Over-C to delivering solutions at scale."