Bakewell-based Digital Urban has secured a £250,000 debt finance package from the Midlands Engine Investment Fund II.
The money has come from Maven Capital, Fund Manager for East and South East Midlands, Maven Capital Partners, and will support Digital Urban’s use of cutting edge technology to support urban regeneration projects by creating detailed digital twins and immersive planning solutions. The company’s key services include model development, platform services, and consultation services.
Digital Urban intends to invest in its sales and technical teams, develop scalable products to align with its services, and expand its client base nationally, including planning authorities across the UK.
Digital Urban’s ability to integrate comprehensive data, ranging from public transport usage to environmental impact metrics is used to create highly accurate 3D interactive models, enabling local authorities and stakeholders to visualise complex projects in detail. These models have proven to significantly boost community engagement, with participation from younger demographics rising from 6% to more than 40% in consultation processes.
Simon Mabey, Founder of Digital Urban, said:“Our growth so far has been driven by client referrals and repeat business, which is a testament to the value we deliver. The funding from Maven and the Midlands Engine Investment Fund II allows us to actively promote our product suite to a wider audience and reach new markets.
“Local authorities value how we help them engage more effectively with their citizens and stakeholders, and we’re passionate about the work we do. Expanding our reach is an exciting step forward for the team, and we look forward to supporting more communities across the UK.”