Navitas, the health and safety solutions provider, has secured £745,000 of equity investment from the Midlands Engine Investment Fund (MEIF) and Foresight Group.
Navitas provides handheld devices that work with accompanying software to monitor appliances, check food temperatures and feed data to a cloud-based programme.
The company will use the finance to bring in house the manufacturing of its hardware, which includes smart probes, hubs and pods.
Navitas Group chief executive Ben Gardner said: “This injection of capital will allow us to realise our expansion plans by investing in manufacturing and R&D. By also strengthening our talented sales force we can ensure that Navitas’ technology is rolled-out to huge UK brands and international markets.”