The grant from Innovate UK will be used to accelerate deployment speeds and extend software functionality for infection control in hospitals.
"With COVID-19 still an ever-present challenge in the UK and across the globe, our working lives, social encounters, and travel plans are continually being disrupted. Businesses like Navenio have stepped up to the challenge and produced technology which aims to solve these issues. Those awarded funding from our competition will support the UK in delivering potential solutions and services to facilitate our recovery from the pandemic."
Innovate UK awarded the grant through its Sustainable Innovation Fund to back the development of the Talent Support Platform.
"In these difficult times we have seen the best of British business innovation. The pandemic is not just a health emergency but one that impacts society and the economy"
The speech therapy technology company drew backing from Henley Business Angels and Innovate UK.
"This latest investment shows the belief in the BeneTalk product and team, and helps us move closer to transforming the speech therapy experience for millions of people with our AI-driven speech-tracking technology."
The investment round was led by Hiro Capital with participation from BoostVC, Maveron, and TenOneTen Ventures, alongside an innovation loan from Innovate UK.
"Over the last year, we have been redefining fitness and challenging people’s perceptions of what a fun and effective workout is, providing an alternative for people who want to keep fit but are unmotivated by the traditional fitness offerings"
The funding includes backing from Equity Gap, SIS Ventures, Alba Equity, the Scottish Investment Bank and Innovate UK.
"This is such an important milestone for Trojan Energy. Ever since we started this business, we have wanted to ensure that the benefits of the low carbon transition can be realised by everyone and not just those with a driveway. With this investment, our vision has moved a step closer. The rewards for our customers and our planet will be massive and prove the point that a big idea and great engineering can change the world."
