Investment round completed
Synchro Ltd, of Coventry, UK, which has developed a software package for the construction industry, has raised £1.2 million in a private funding round led by Catapult Venture Managers.
The company, based at Coventry University Technology Design Centre, will use the cash injection as working capital and to fund a sales and marketing push in the UK. It then aims to use this momentum to launch into the US.
Synchro’s construction simulation and task management package enables uses to view a project in 3D at any stage of the construction.