UK – Symetrica, a Southampton, UK-based radiation detection company, raised £4m in funding.
The round was led by Parkwalk, with participation from other existing Investors and the management team – and includes a provision for a further £2m commitment from a specialist defence and security investor. The company intends to use the funds to accelerate global growth by enhancing its international sales program. Founded in 2002 by the former head of Physics and Astrophysics at Southampton University and led by Heddwyn Davies, CEO, Symetrica manufactures, supplies, and supports a wide range of devices – from handheld and backpack-mounted sensors to vehicle-based detectors and drive through scanners – used by customs, border protection, law enforcement, emergency services, military personnel, and first responders to “see” radiation, enabling them to identify threats and respond accordingly. Symetrica has offices and manufacturing sites in the UK and the US and employs 75 people. 30/07/2020
