Alacrity UK – Company Fundraising Updates
November 6, 2024
QRLA Revolutionizing the Physical-Digital Experience
QRLA is at the forefront of the phygital technology revolution, closing the gap between physical environments and immersive digital experiences. We specialize in large-scale NFC technology integrated with dynamic software management, enabling personalized and engaging phygital interactions at live events, stadiums, and hospitality venues.
Our solutions are transforming the live event space by offering data-driven, personalized experiences. Whether it’s tapping to check the matchday program, ordering food for halftime collection, or even booking a taxi when your team is down 3-0, our secure NFC technology — equipped with visual verification for added security—ensures seamless interactions. With our advanced management platform, we not only drive revenue for venues through digital engagement but also enhance the overall fan experience.
We are on the cusp of closing a £500,000 raise before the end of the year, with additional interest from VCs for our seed round next year. With an exciting pipeline that includes rolling out our technology across multiple world-class venues, the future is bright as we continue to lead the phygital revolution.
Lumin Solutions Digital Care Management Software
Lumin Solutions has developed a care management system tailored to children’s social care. Over the past year, we’ve worked with UK care providers to ensure the system meets the industry’s unique needs, addressing gaps left by paper-based or elderly care solutions.
Recognizing the importance of external funding for growth, we began building investor relationships in January 2024. By engaging with potential investors early, we improved our chances of securing funding by January 2025. We maintained investor interest through monthly updates, showcasing our progress and plans.
In August 2024, we opened our funding round and leveraged our network to attract interest. By September, we secured our first angel investment and raised our target from £200,000 to £300,000 due to positive momentum. We aim to close the round by year-end, supporting plans to hire a developer and salesperson to scale in 2025.