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: £16m
• Sector: Technology
• Advisor: Not disclosed
• Key Entities: SRT Marine Systems
• Location: South West, UK

Note: 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.