Conigital raises over £1M in Seedrs crowdfunding campaign
Conigital, a driverless vehicle and transport company with global ambitions have launched a crowdfunding campaign with Seedrs, with plans to raise £1M on the platform and have hit their target within one day and now actively overfunding.
Established in 2015, Conigital stands for ‘Connected Digital’ and their vision is “to digitally connect autonomous vehicles to empower mobility for all.” They are a deep tech, driverless vehicle company, accelerating the introduction and integration of autonomous, connected, electric and shared (ACES) vehicles into existing transport networks through affordable vehicle autonomy and a seamless journey experience for the consumer.
They are expanding internationally with offices in UK, Europe, India and Australia and have been voted a Top 10 AI company by Intel and Vodafone and one to watch by Technation.
The development of their product suite paves the way for a safer, connected, less congested and climate conscious future. To date, Conigital has secured £3.5M to support their platform build are now ready to commercialise their offering through driverless vehicle trials with end customers.
They recently achieved a UK first with Southampton airport by successfully trialling an Alexander Dennis bus retrofitted with their solution, at the airport.
This recent fundraising success follows the University of Essex’s University Enterprise Zone’s first pitching competition in October 2020, wherein Conigital won a share of up to £150K from the Angels@Essex team in investment funding. Likewise, Conigital’s participation in the University Enterprise Zone’s Space to Grow programme included bespoke, 1:1 pitch deck creation and investment-readiness sessions and inclusion on the Angels@Essex free investment platform.