The company behind a wearable safety solution, which helps to improve the safety of railway staff and prevent avoidable incidents, has raised £2m from Praetura Ventures and Blackfinch Ventures, as it aims to expand into new sectors and global markets.
Lincoln-based Tended has created an innovative geospatial positioning device to alert rail workers when they exit designated safe zones, allowing them to maintain a safe distance from onsite hazards, such as open lines and in-use heavy machinery.
Tended, which has recently secured a seven-figure contract with Network Rail, will use the funding to strengthen its Intellectual Property portfolio, release the next generation of its wearable device and increase its headcount across sales and engineering.
Leo Scott Smith, CEO and founder of Tended, said: “Our mission is to put an end to preventable accidents and fatalities. Working with top-tier investors and partners, we’re pushing the boundaries with geospatial technology and developing some exciting new capabilities that are moving us closer to this mission.”
Image: Leo Scott Smith, CEO and founder of Tended