Food safety technology provider Navitas has secured a £500,000 investment to scale-up its operations.
The Leicestershire-based firm has secured the finance from the FSE Group Debt Finance Fund through the Midlands Engine Investment Fund (MEIF).
It plans to use the funding to invest in the development of a safety platform that allows hospitality businesses to manage their entire safety operations in one place.
It will also enable Navitas to offer a SaaS model, providing the platform at a monthly price and making the best safety tools and services accessible to any size business.
Established in 2014 by Ben Gardner, Navitas digitalises time consuming and labour-intensive food safety processes, which must be followed to maintain food safety and health and safety regulations within the food hospitality sector.
Mr Gardner said: “Every food service business knows and understands the importance of health and safety. I am passionate about making the complex world of food safety legislation as simple and cost effective as possible.
“Our aim is to become the leading ‘one stop’ food health and safety consultancy, compliance, training and digital safety management company within the food hospitality sector.
“Having successfully secured the funding, we can confidently grow our business to the next level to achieve this.”
The Midlands Engine Investment Fund project is supported financially by the EU using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.