£3.4M
The equity investment was part-funded by the Cambridgeshire and Peterborough Combined Authority via The FSE Group.
"Securing this investment marks a pivotal moment for Spotta"
The FSE Group acts as manager for CPCA Business Growth Finance Limited.
The equity investment was part-funded by the Cambridgeshire and Peterborough Combined Authority via The FSE Group.
"Securing this investment marks a pivotal moment for Spotta"
The Cornwall-based company secured a £1m investment from the British Business Bank as part of a wider funding round.
The Exeter-based sales outreach platform secured backing from The FSE Group to accelerate product development.
"This funding is a pivotal step in our journey to redefine client engagement through innovative technology. The backing from FSE and the South West Investment Fund provides not just finance but also strategic support that will help propel Sendr forward. We look forward to working with Matt and the FSE team on this journey."
The funding round includes £500k from the South West Investment Fund via The FSE Group.
The Falmouth based marine engineering firm raised the capital from backers including the British Business Bank and Welsh Ministers to support its Morlais project.
"This latest funding round is crucial to the next stage of this project, allowing us to build a demonstrator that includes a number of turbine improvements and developments. We’re delighted that our investors are backing us on this journey to be part of such an important step in tidal energy infrastructure. FSE in particular has been with us for a several years and it’s exciting to be moving towards an operational project at Morlais."