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Spacetech Scaleup Krucial Secures $3.7Mn Funding To Accelerate Growth

Sep 12, 2023almost 2 years ago

Amount Raised

$3.7 Million

Round Type

seed

GlasgowRenewable EnergyOil And GasEnergy

Description

• $3.7mn funding led by existing investor Scottish National Investment Bank, alongside University of Strathclyde and Scottish Enterprise, with new international investors including Dubai-based AzurX

Company Information

Company

Krucial

Location

Glasgow, Kentucky, United States

About

Krucial (formerly R3-IoT) is on a mission to make digital transformation achievable for all, no matter the location or situation. Any business with an ambition deserves the opportunity to move towards it. And to not be held back by their location, or a lack of resources. That’s why Krucial exists. We help organizations to work smarter, aim higher, and achieve more—without being limited by their location, or communications infrastructure. Our flagship solution, Krucial CONNECT helps businesses achieve resilient, reliable and continous connectivity— combining cutting edge satellite communications and cellular technology with the best of IoT. Built to withstand the harshest conditions, designed to last through the decades ahead, our technology can be deployed anywhere—minimizing downtime and data loss, even across your most remote, hard-to-reach locations and data sources Find out more: www.krucial.com

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