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MR

Manta Ray

Venture Capital

Portfolio

2

companies


Portfolio companies

Tequipy

Tequipy

Tequipy automates employee IT device lifecycle management for global businesses.

Sitehop

Sitehop

Sitehop develops hardware-enforced encryption technology to protect networks against quantum threats.


Team

LB

Lawrence Barclay

Managing partner


Recent investments

Series A
£2.6M

The investment will support the company as it extends its platform from hardware into software and security operations.

"I've seen ambitious, talented IT specialists, who should have been building scalable systems, end up repacking boxes and wiping laptops with rags, while also trying to solve the problem of a device stuck at the border. Across thousands of companies, this is not an exception. It is an everyday reality. We built Tequipy so IT can supervise the process instead of executing every step of it by hand."
— Tomek Stawarski, Co-founder and CEO
Growth
£7.5M

The funding round was led by Northern Gritstone with participation from Amadeus Capital Partners, Manta Ray, Mercia Ventures and NPIF, Mercia Equity Finance.

"Sitehop is proving the critical need for future-proof encryption, demonstrated by our early customer traction globally. As a Sheffield-founded company, this investment from Northern Gritstone supports our mission to grow and scale in the region and build world-leading sovereign encryption capability right here in the UK – meaning we can accelerate international expansion while keeping the UK at the forefront of world-class cybersecurity innovation."
— Melissa Chambers, CEO