2 years ago
Envoke Secures £1 Million for Virtual Demo Platform Expansion
Envoke, a Leeds-based provider of a virtual demo platform, has secured £1 million in funding from NPIF - Mercia Equity Finance, a fund managed by Mercia Asset Management
The funding will be used to further develop the platform and expand its global reach through participation in international trade exhibitions
Envoke's virtual demo platform, initially developed for Thermo Fisher Scientific, allows manufacturers to showcase their equipment to remote customers without physical demonstrations
The platform is currently used by leading biotech equipment companies, including Bio-Rad, 10X Genomics, Roche, and Illumina
Envoke, which currently employs 16 people, plans to create ten additional jobs in the coming year.
ProblemTechnology
"Envoke is addressing the challenge of showcasing biotech equipment to distant customers without the need to physically ship equipment or send sales staff to distant locations."
Solution
"Envoke provides a virtual demo platform that allows biotech equipment manufacturers to demonstrate their products remotely, thus enhancing accessibility and reducing logistical challenges."