Technology business lands £4m capital investment deal

PRIVATE equity specialist Foresight Group has completed a £4m growth capital investment into Bangor, North Wales-based Simulity Labs.
 
Simulity is a technology business, specialising in the future of connected devices and the Internet of Things (IoT), through its embedded communications software for SIM, eSIM and next generation connected products.

The company has seen rapid growth with revenues increasing eight-fold in the past four years. This growth capital investment will enable the company to expand i... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...