We’re delighted to announce that we’ve raised over £500,000, through both equity and grant based funding, to continue to develop the Cufflink solution and keep your personal data safe.
Led by the Development Bank of Wales and alongside our London-based Angel investors this funding will allow us to build the Cufflink App and SaaS whilst helping us to retain and build the team both here at M-SParc and remotely.
This Seed funding will compliment additional funding received by Innovate UK – the UK Government’s innovation agency – which was secured in collaboration with Bangor University, led by Prof. Andrew McStay and Prof. Vian Bakir, to continue research into the wider ethical issues surrounding personal information management systems.
Minister for Economy and North Wales Ken Skates said: “It’s great to see an award-winning company like Cufflink succeeding in North West Wales. They are exciting and innovative and bring high-skilled opportunities to the area. This is the sort of creativity and high-tech we hoped M-SParc would inspire in the region and I am very interested to see how they continue to develop and grow in this dynamic sector.”
Michael Bakewell of the tech venture investment team at the Development Bank of Wales said: “Cufflink is a really exciting cyber security firm with an exceptionally promising future. As a long-term equity partner, we are delighted to be co-investing alongside Angel investors and continuing our collaborative work with Innovate UK, Bangor University and M-SParc. Our collective impact is making a real difference and we’re looking forward to supporting Cufflink on their journey.”
M-SParc CEO, Pryderi ap Rhisiart, adds: “It’s fantastic to see Cufflink receiving both public and private support as part of their successful funding round. This is exactly the sort of innovation we want to see develop at M-SParc, creating highly skilled careers and encouraging others to innovate and venture into business. Companies like Cufflink confirm it’s possible to grow and prosper in North West Wales and we continue to see new and exciting opportunities develop in the ecosystem.”
We’d like to thank all those who have helped us over the past few years and we very much look forward to continuing to work with you all going forward.
Special thanks to:
If you’d like to start helping us … then why not sign up for our Beta Tester programme and get involved in the data revolution today!