Brompton Technology has secured a £5.1 million cash injection as part of a growth capital investment from investments business, Connection Capital.
In addition to the investment, Brompton has appointed Neil Gaydon to join Brompton’s board. Gaydon has experience as a non-executive chairman, with a track record of delivering growth in technology companies.
Richard Mead, CEO, Brompton Technology, commented: 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.”
Pictured: Richard Mead, CEO, Brompton Technology