Visualisation software firm secures £500k

» A CORNWALL start-up that provides 3D visualisation software has secured an investment of £500,000.

Falmouth-based Amutri said the cash injection would support further product development, marketing and sales.

The company, which was founded in 2021 as part of the Falmouth Launchpad entrepreneur accelerator programme, has developed technology that allows stakeholders of architectural and engineering projects to create, share and view 3D content on any device quickly and easily. It received the funding from GameTech Ventures and the Cornwall and Isles of Scilly Investment Fund (CIOSIF), managed by The FSE Group.

Michael Calver, Amutri chief executive, said: “As a young and ambitious company, we recognise the importance of support in realising our goals. This investment will propel us forward in further developing our innovative products to lower the entry point to 3D visualisation technology for many industries. We value GameTech Ventures’ and The FSE Group’s confidence in our vision and are thankful for their support at this early stage.”

Meg Salt, investment manager at The FSE

Group, said Amutri had a “large addressable market”.

She said: “The experienced team has already established a strong pipeline of international clients for whom Amutri is removing barriers to producing 3D experiences. The company is poised for rapid commercialisation and further functionality in 2024 and we are delighted to be working with them as they continue to grow.”

GameTech’s Lachlan Gowrie-Smith, added: “[Amutri’s] approach demonstrates the power of games technology to drive innovation across different industries and applications.”