SAIC supports Universal Signalling in pre-seed round
Investors in this round: Southern Angel Investors Club et al
Universal Signalling recently (28 Aug) announced the successful close of the second tranche of its pre-seed investment round, with the round now fully subscribed. This marks a significant milestone in the company’s early-stage growth, and showing strong investor confidence in its mission to revolutionise digital signalling, and the team assembled to enable it.
The second tranche close was anchored by the Southern Angel Investors Club (SAIC), a respected network of early-stage investors known for backing high-potential technology ventures across the UK, alongside several high net-worth individuals with extensive experience in the UK and overseas rail industry.
“We’re thrilled to have SAIC anchor this tranche and to see the full allotment taken up so quickly,” said Sam Bemment, Founder and CEO of Universal Signalling. “This is a strong vote of confidence in our vision and the team’s ability to execute on our business plan. The funds raised will enable us to execute that plan: concurrently accelerating our R&D efforts around future product lines, whilst continuing to move early systems to market with our key light and heavy rail partners. When compared with some other industries, it is rare that this type of investment comes into rail, and even rarer for it to be into a company which is operating in the safety and operationally critical space. I would therefore like to add my thanks to our new partners for this vote of confidence in our team.”.
The second tranche follows a successful first close earlier this year, which saw participation from a mix of angel investors and early-stage venture funds. With the full pre-seed round now completed, Universal Signalling is well-positioned to expand its technical team and prepare for commercial deployments with early adopters.
“We were impressed by Universal Signalling’s technical depth and the clarity of their vision,” said a spokesperson for SAIC. “Their refreshing approach to solving fundamental market challenges is both ambitious and timely, and we’re excited to support their journey from concept to commercialisation.”
