Island business incubator, Vannin Ventures, has invested in new technology start-up from the UK.
Trak365 focuses on accelerating the development of a smart economy by using leading-edge Internet of Things (IoT) technology which allows users to monitor and react to a wide range of business scenarios.
Enterprise Minister, Laurence Skelly MHK, has welcomed the news saying it's encouraging to see organisations like Vannin Ventures 'taking the lead' in investing in new concepts.
Vannin Ventures says the investment is the start of a partnership to develop and scale-up Trak365's solution on the Isle of Man.
FSA releases new progress report on financial crime defences
Changes planned for how government-run companies prepare accounts
New business guide deals with stopping WMD financing
Office space up for rent at Ronaldsway Airport
Have your say on the future of the Island's economy
Port St Mary hosts first business support drop-in session today
Government releases guidance for businesses ahead of vape tax
Survey shows low approval rating for Island clothing shops
Comments
Add a comment