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Maven leads GBP500k investment in Worcestershire-based IoT specialist

Wearable Link Limited, trading as Plinx, has secured GBP500,000 in funding to support its investment in product development and enter new markets as well as supporting the creation of seven new jobs for the local Worcestershire economy.

Plinx secured funding from the Midlands Engine Investment Fund (MEIF), from the West Midlands Debt Finance fund managed by Maven Capital Partners (Mave) and backed by the Recovery Loan Scheme.

Based out of Malvern Science Park, Plinx is an IoT technology provider specialising in the development of an innovative health and safety system for the construction sector.

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