Keit raises £1.4m for Mars mission space technology
Oxfordshire-based start-up closed the round with backing from Longwall Ventures and the Angel CoFund...
A start-up which specialises in technology originally developed for a mission to Mars has secured £1.4m in a deal led by Longwall Ventures.
The funding round in Keit, a spin-out of the Rutherford Appleton Laboratory, has also received backing from the Angel CoFund, the Rainbow Seed Fund, and Wren Capital, alongside angel investors.
Based at the Harwell Campus for science and innovation, Keit has created a MicroFTSÔ spectrometer which measures molecular bonds and is designed in such a way that it has no moving parts – in order to operate “seamlessly” in touch environments.
The Keit team has been trialling its space technology within key industry sectors such as chemical, energy and food and drink.
It intends to use the investment for further certification of its technology which will support its worldwide launch.
Angel CoFund investment director, Tim Mills, said that Keit represented “a good example of UK science research becoming an industrial product reality.”