NI tech startup Mountain Technologies secures major investment from HBAN angel investors
by Startacus Admin
Innovative Northern Ireland-based startup Mountain Technologies secures investment to launch and market its connected ski pass system
Great news for Mountain Technologies Ltd, the Northern Ireland tech startup which has secured significant investment from a group of HBAN angel investors and Co Fund II. The investment will be used to market and launch its connected ski pass system designed for ski resort operators worldwide.The global ski and snowboarding market is huge, with over 125 million people engaged in the sports although there are also unfortunately around 100 deaths on the slopes in Europe every winter.
Founded by CEO Pete McFetridge and COO Ken Armstrong, Mountain Technologies’ LifePass system was created with the vision of utilising the best of today’s technology to make the outdoors safer for all to enjoy, but not forget that people go to the mountains to get away from technology. LifePass has been developed so it does not require a mobile phone to operate, allowing its user to have the technology but in a passive way.
Pete McFetridge from Mountain Technologies said: “We are pleased to have secured the backing of a number of very experienced investors who all strongly believe in our business. As we move from the testing phase of LifePass to supplying the solution to customers, we will be investing in our sales and marketing.“Smart technology is being used around the world in many different sectors and we want to use that technology to transform mountain resort operational management and improve safety for those enjoying winter sports. We believe our technology will save lives.”
Jim Curran, Regional Manager for HBAN in Northern Ireland, added: “By pitching to an HBAN event the company has been able to access a diverse group of business angels to help the company on the next stage of its journey. The investment round was closed out with matching from Co Fund II, which combined with the business angel syndicate provides the company with a solid investor base.”
We look forward to seeing where this innovative startup goes from here!
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Tech Nation calls for tangible support to secure capital, talent, growth and exits needed to accelerate the growth of UK tech in decade ahead.
Glasgow-based This is Milk seeks investment for Neve Learning, its cloud-based Ed-Tech platform that has inclusivity and accessibility at its core.
.jpg)
With the UK facing a clear digital skills gap, Amy Caton, Digital Talent and Impact Senior Manager at BT Group shares some insights on what businesses should do to close that divide.
The lowdown on Berlin-based Beazy and its innovative solution that helps teams to plan, produce and deliver creative content and helps businesses to connect with talented content creators.
The lowdown on Fluffy, the app offering dog training, 24/7 vet messaging and insurance to give pet owners peace of mind and support them with their pet care responsibilities.
Huckletree's new Web3 HQ aims to put London’s West End at the forefront of Britain’s tech superpower ambitions.
Leading sports marketing platform, OpenSponsorship announces move into music sector, the first new vertical industry for the trans-Atlantic martech business.
.jpg)
Kingussie High School scoops first place for Junior and Senior categories at this year’s Growing Future Assets Competition.
The lowdown on Manchester-based Arctic Shores and its innovative recruitment solution to help candidate potential count as much as skills and experience.
With the demand for tattoo removal now greater than ever, specialist NAAMA Studios makes a bid for a further £11m in funding.
Published on: 21st September 2020
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Tech Nation report reveals UK Tech could quadruple in value by 2032 with right conditions 23rd Mar 2023 Tech Nation calls for tangible support to secure capital, talent, growth and exits needed to accelerate the growth of UK tech in decade ahead.
- Neurodiverse learning and training platform Neve shares major six-figure investment opportunity 22nd Mar 2023 Glasgow-based This is Milk seeks investment for Neve Learning, its cloud-based Ed-Tech platform that has inclusivity and accessibility at its core.
- Huckletree opens new London hub for tech companies pioneering Web3 solutions 16th Mar 2023 Huckletree's new Web3 HQ aims to put London’s West End at the forefront of Britain’s tech superpower ambitions.
- OpenSponsorship making its move into the music sector 16th Mar 2023 Leading sports marketing platform, OpenSponsorship announces move into music sector, the first new vertical industry for the trans-Atlantic martech business.
