• Target

    £500,000

  • Type

    Equity

  • Close Date

    Jun 5 2018

  • Status

    Live

RISK WARNING: Your capital is at risk. The risks include: the lack of liquidity in this market in terms of being able to realise investments and the loss of the value of investment. When you invest any loss in value will not be covered by the Financial Services Compensation Scheme. Please read FULL risk warning.

Vortex IoT

Vortex IoT design sensors for harsh environments where conditions are hostile, power supply is limited, AI is needed & data security is critical.

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Overview

Vortex IoT design & build sensors for harsh environments where conditions are hostile, power supply is limited, AI is needed & data security is critical. IPR includes Bespoke IoT sensors Cognitive Mesh Network Software: sensor fusion for power consumption management Artificial Intelligence for M2M based decision making Secure data encryption Vortex IoT have PoCs in-flight with several clients, all of whom have a global reach. Our clients characteristically fall within high value verticals & have high value asset base. We develop products that lend themselves to a partner licensing & global distribution approach for speed to market. Target verticals: 1. Heavy industry – asset performance management 2. Rail infrastructure – remote condition monitoring 3. Smart infrastructure (Utilities, Airports, Harbours, Highways & FM) – management & monitoring of assets to service-based operations. The management team have a clear unified vision, complementary skills & experience.

Deal Manager avatar

Deal Manager
Dermot Hill

  • Sector: Technology / IT / Software
  • Region: Wales
  • Stage: Early stage - early revenues, pre-profit
  • Eligible Tax: EIS
  • Board Requirement: Will consider further board appointments
  • Pre Money Valuation: £1,200,000
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