UNQUOTE

UK - Hotbed backs Intempo with £1.825m of growth capital

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Hotbed has provided Intempo Digital Ltd, a digital radio and iPod docking company, with ТЃ1.825m of growth capital. The investment from Hotbed is part of a total ТЃ11.8m of new funding the company has secured, with Bank of Scotland providing working capital facilities.

Manchester-based Intempo designs, develops and markets award-winning DAB digital radios, iPod docking stations and speaker systems. The new capital will enable the company to expand its product range and focus on development in emerging technologies. The funding will further extend Intempo’s foothold in the European market.
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