Conigital, a driverless vehicle and transport company with global ambitions have launched a crowd funding 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 a growing team of 30, 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.
Seedrs allows all types of investors to invest as much or as little as they like in businesses they believe in and share in their success as they grow. Furthermore, it allows ambitious businesses in all sectors to raise capital and build community through an efficient, online process. To date, Seedrs has funded over 1,100 deals and seen nearly £1 billion invested on the platform. It is also the leading equity crowdfunding platform and the most active funder of private companies in the UK.
“We are excited to be launching our seed funding campaign with Seedrs and to have our target of just over a £1M in a day of launching is an incredible achievement and shows what a great platform Seedrs is for early stage tech companies such as Conigital. We are now hoping to massively overfund to support our commercialisation and Go to market strategies ” said Conigital CEO, Don Dhaliwal.
The funds will be used for a bridge round to support commercialisation of new and existing POCS which will be supported through the growth of their commercial and technical teams.
For further information about Conigital please visit www.conigital.com, follow them on twitter @conigital and find them on LinkedIn by searching Conigital Group