11:20AM Strata pen computer gets £100k funding from Partnership Investment Finance
Specialist in hi-tech surveying equipment Strata Software and Consultancy has received a second round of funding from Partnership Investment Finance totalling the figure to £100,000.
PIF’s fund manager Graham Leake said: “We gave Strata an initial £15,000 loan in July, and we’ve been so impressed with the way the company works that we’ve made a further loan of £85,000 available to expand their operations. We want to see local companies develop, and we’re happy to support that development on an ongoing basis if they have a strong enough offering.â€
Pen computers allow QSs to write on screen as if they are holding a normal pen; the screen being a handheld device. It is especially useful for those working on-site and in difficult geographical locations where it would be impractical to carry a conventional laptop computer.
The surveying equipment is already marketed in 15 countries, but PIF's fund will allow the firm to target countries like Russia, Australia, Iran and Ghana.
Source
QS News