Finance > Venture Deals Database > Venture Transactions Database > Monthly Deals (All) > July 2023 VC Transactions
Delta g

Tech Company Financing Transactions

Delta g Funding Round

Science Creates Ventures, Bristol Private Equity Club and private investors invested in a $2 million Seed capital raise for Delta g. The round was announced by the company on 7/13/2023.

Transaction Overview

Company Name

Delta g

Announced On

7/13/2023

Transaction Type

Venture Equity

Amount

$1,970,000

Round

Seed

Investors

Science Creates Ventures (Lead Investor) (Harry Destecroix)

Bristol Private Equity Club

private investors (Hitesh Thakrar)

private investors (Howard Covington)

Newable

Quantum Exponential

Proceeds Purpose

It's exciting to see this investment in quantum sensing, which will be used to strive for new tools that aim to bring benefits to applications across civil engineering. It will build upon a decade of research at the University of Birmingham, undertaken as part of the UK Quantum Technology Hub in Sensors and Timing, working closely with industry and academia across the community. This was only possible through excellent support from the Engineering and Physical Sciences Research Council, Innovate UK, the Science and Technology Facilities Council, and the Ministry of Defence, as part of the National Quantum Technologies Programme.

Company Information

Company Status

Private & Independent

Industry

Manufacturing

Mailing Address

Birmingham Research Park, Vincent Drive
Birmingham, England, B15 2SQ
UK

Phone

(+44) 0121 414 8386

Website

www.delta-g.co.uk

Email Address

[email protected]

Overview

Delta g is a quantum technology and gravity gradiometry company on a mission to make gravity sensing technology as ubiquitous as GPS, radar and telecoms. Spinning out from the University of Birmingham in 2023, our technology is the world's first quantum technology based gravity gradient capability to successfully detect buried features from their gravity profile alone.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Peter Stirling

Chief Scientific Officer

Michael Holynski

Chief Technical Officer

Andrew Lamb

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