Foresight Group (Foresight), a listed private equity and infrastructure investment manager, has made a GBP2.5 million growth capital investment in Kognitiv Spark (KS) which is commercialising software that provides 3D data to support field service workers in remote locations.
The investment is funded by the Foresight Williams Technology Fund, a joint venture between Foresight and Williams Advanced Engineering (WAE).
The growth capital will enable the company to expand into new industries and geographies via new sales and marketing teams in the US and UK and support the ongoing development of further products. The company hopes to work with the WAE team to tap into their network of automotive, aerospace, industrial and manufacturing customers within the UK and EU markets.