Apollo3D

Apollo3D, an Otley-based technology firm specializing in creating 3D digital replicas of physical buildings, has successfully secured £100,000 in growth support through a commercial loan provided under the British Business Bank’s Growth Guarantee Scheme. This funding is earmarked for a significant recruitment drive, equipment upgrades, and the expansion of its commercial team to support global ambitions.

Summary of transaction details:

• Value: £100,000
• Sector: Technology & Software
• Advisor: Not mentioned
• Key Entities: Apollo3D (Target), British Business Bank (Investor/Provider of Scheme)
• Location: Otley, UK (Apollo3D)

Note: This funding will allow Apollo3D to accelerate its business development, pursue major corporate contracts, and establish a permanent presence in new sectors, capitalizing on the increasing demand for digital twins in various industries like retail, healthcare, hospitality, and facilities management.