Brompton Technology Secures GBP 5.1 M Cash Injection
Brompton Technology has secured a GBP 5.1 million cash injection as part of a growth capital investment from Connection Capital.
Richard Mead, CEO, Brompton Technology was quoted as saying “We are seeing unprecedented growth in demand for our cutting-edge, robust, tour and virtual production-ready LED video processing products from our core industry sectors, as well as a lot of exciting potential for our technology to be applied to new markets. Whilst our focus on quality and dedication to customer service will remain the same, Connection Capital’s investment gives us the ability to scale up rapidly to meet demand and address the new opportunities that are presenting themselves.”
It was also announced that Neil Gaydon has joined Brompton’s board as a non-executive chairman.
Categories: Scuttlebut
