Case study
Symetrica specialises in the detection and identification of radioactive material for security applications.
Fast Facts
Start date: 2002
Website: www.symetrica.com
Market sector: security
Location: Southampton
Investment raised: £5m
Number of employees: 30
"I was initially brought in as a SETsquared mentor for Symetrica. They were looking at medical applications, but I recommended they move into homeland security. Symetrica secured investment from NESTA on this basis."
"SETsquared provided a lot of training to help us prepare for pitching to investors, and helped make useful connections via the US embassy."
"We went through SETsquared's business review panels with a number of external advisors, who critiqued our business plans and strategies. The panels helped sharpen our strategy, and made us more ready when we looked for investment."
"We pitched at the first Investment Showcase, which resulted in an investor walking up to me afterwards and saying they would invest in Symetrica- which they subsequently did."
"Perhaps the most important role of SETsquared was to bring in an experienced person to mentorSymetrica. One of the best things about SETsquared is the depth of qualified mentors that it can bring in."
Heddwyn Davies, CEO, Symetrica
