£1.5 million investment for Secured By Design
“We are delighted to have advised SBD on this important investment. Investment into SBD will help give them the edge over their competitors and will allow them to continue to be a leader in this exciting area of technological development.”
We have recently advised automotive technology developer Secured By Design (SBD) on their £1.5 million investment from Albion Ventures, which will fund innovative research into cutting edge automotive technology. This latest investment is expected to help fund further research into the development of autonomous vehicles and will also drive new advancements in vehicle connectivity and automotive cyber securities.
SBD specialises in research, assessment and strategic support for vehicle manufacturers, suppliers and investors. It is based in Milton Keynes, where this new investment is focused, but has offices in Japan, North American and India.
Their current client base includes major automotive manufacturers Ford, Jaguar Land Rover, Mitsubishi Motors, Nissan, Toyota and Volkswagen, and further investment will only strengthen their global presence. Attracting investment into the UK automotive sector is especially important as the sector has this year achieved record growth and is once again becoming a major player in the global market.
Ian comments: “Milton Keynes is a key area for the UKs automotive technology sector, and investment will further cement this reputation. Albion have a proven track record of successful investments into a wide range of technological innovators in the pharmaceutical, software and business management sectors.”
If you would like to find out more about this deal, please get in touch with Ian Morris.