Funding

[Funding alert] Newcastle-based SQCDP £200,000 Secures in Funding

Feb 7, 2024 | By Team SR

Newcastle-based SQCDP £200,000 secures in funding from London’s Q Ventures as part of a larger, still open and ongoing funding raise.

Newcastle-based SQCDP £200,000 secures in funding from London’s Q Ventures as part of a larger, still open and ongoing funding raise.

Q Ventures and a number of unidentified angel investors are supporting SQCDP, the recipient of an Ignite Accelerator grant. SQCDP is a good substitute for the expensive, hardware-focused solutions that are widely available in the market. It makes factory floor data collection easier and is accessible through desktop, tablet, and mobile devices, making spreadsheets, forms, and whiteboards unnecessary.

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SQCDP's solution, which focuses on process and team member optimization, produces real-time reports that are subsequently compared to predetermined benchmarks.

Q Ventures’ principal Harveer Bharaj shared: “We're excited to be joining Mitch and Brian on their journey in making SQCDP the standard operating system for factories and manufacturing plants. We've already been impressed by the level of execution they demonstrated for existing customers and have seen glowing references from a number of them.”

About SQCDP

SQCDP innovative startup, which connects your staff instead of your industrial machinery, is situated in the North East of England. They embrace current working procedures, provide performance gains, and easily integrate into your operation with no downtime or capital expenditures.

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