INDUSTRIAL MOTOR CONTROL TECHNOLOGY

Sprint Electric continues to accelerate its expansion programme with a further £1.9 million investment from Foresight Group. The private equity group, who invested £2million in Sprint in 2023, is also sharing industry connections and strategic advice with Sprint as part of a partnership designed to deliver rapid global growth. Sprint have now raised a total of £4.7 million investment in the last 12 months alone. In 2023, Sprint received £2 million of private equity investment from the Foresight Group and £500,000 from the Midlands Engine Investment Fund. In March this year, they won £300,000 funding from Innovate UK.