UK - Octopus leads £4.5m KeTech investment

Bedford-based KeTech provides mission critical communication software and services to the rail industry, including platform to train and on-train safety systems. It also produces specialist detection systems for use in defence and emergency service markets, together with a range of building management systems. Clients include Skanska Grant Rail, Mitie, Chiltern Railways and Metronet. The company has a turnover of £16m.

The new funding will be used to expand its new business development pipeline and service new contract wins. This investment represents the first injection of capital from the £30m Octopus Capital for Enterprise Fund.

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• Topics
• Expansion
• UK / Ireland
• Technology