Tech Company Financing Transactions
Purple Transform Funding Round
Purple Transform, based in Oxford, Oxfordshire, received $6 million from Mercia Ventures and Sure Valley Ventures.
Transaction Overview
Company Name
Announced On
9/12/2024
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Undisclosed
Investors
Mercia Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to scale up its activities following a series of contract wins in the rail industry, deploy its technology in other sectors, and expand its operations in the West Midlands.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
The Granary, Kingston House Estate, Kingston Bagpuize
Oxford, Oxfordshire, OX13 5AX
UK
Oxford, Oxfordshire, OX13 5AX
UK
Phone
Undisclosed
Website
Email Address
Overview
We exist to support organisations who are increasingly awash with data and don't have the ability to process it at the same pace that it is generated. Our industry experts and our 'SiYtE' analytic platforms make sure you get the right insights into the hands of the right people at the right time.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gregory Butler
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About Database of VC Transactions
We record tech company VC transactions. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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