Assembly Line

Newcastle startup SQCDP secures £200,000 investment for manufacturing performance improvement

📅 Date:

✍️ Author: Dan Taylor

🔖 Topics: Funding Event

🏢 Organizations: SQCDP, Q Ventures

SQCDP, a Newcastle-based startup focusing on the improvement of manufacturing performance, has announced that it has secured £200,000 from London’s Q Ventures as part of a larger, still open and ongoing funding raise.

Offering a viable alternative to the costly and hardware-centric solutions prevalent in the market, SQCDP streamlines the process of collecting factory floor data, and provides access via mobile devices, tablets, and desktops, essentially rendering spreadsheets, forms, and whiteboards obsolete.

Read more at Tech EU

SQCDP Unlocks Funding to Modernise Factories: A £200k Step Towards Manufacturing Innovation

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: SQCDP, QVentures

SQCDP, a Newcastle-based SaaS startup, has successfully raised £200k to increase manufacturing efficiencies and support workforce engagement by removing problem paper systems in factories. The £200k funding is part of a wider pre-seed funding round which is still being raised. The funding round was led by London-based QVentures and several angel investors joined the round. Proudly based in the North-East of England, SQCDP is also a recent recipient of an Ignite Accelerator grant.

SQCDP is a high-value and easy-to-implement application to replace the paper and spreadsheet-based systems currently used by many manufacturers, and an alternative to the high capital, hardware-intensive solutions otherwise available in the market. The app can be accessed from mobiles, tablets and desktops, and is a simple interface used to collect factory floor data and eliminates the use of spreadsheets, forms and whiteboards.

Read more at QVentures on Medium