SRT Marine Systems

SRT Marine Systems, a South West marine technology business, has raised £16m in funding through an oversubscribed new share issue.Summary of transaction details:Value: £16mSector: TechnologyAdvisor: Not disclosedKey Entities: SRT Marine SystemsLocation: South West, UKNote: The funding will support the growth of SRT Marine Systems, a leading provider of maritime surveillance and vessel tracking equipment, and demonstrates the confidence of investors in the company's technology and its potential for expansion.