# Symetrica

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/symetrica

- Industry: Defence
- Headquarters: Southampton, UK
- Website: www.symetrica.com
- Total disclosed funding: $5.1M
- Latest round: Series C (Dec 21, 2012)
- Investors on record: 6

## About

Symetrica Ltd. specializes in advanced radiation detection technology, providing operational security solutions for various sectors, including government and private organizations, to effectively identify radiological threats.Founded in 2002 and headquartered in Southampton, UK, Symetrica Ltd. focuses on radiation detection solutions. The company has raised GBP 4 million in funding led by Parkwalk Advisors on June 26, 2020, bringing its total amount raised to GBP 4 million and its current valuation to GBP 23.72 million.Symetrica specializes in advanced radiation detection and operational security threat identification, offering a comprehensive range of products including handheld devices, modular radiation detectors, vehicle-mounted units, and static portal systems. Their flagship products, such as the VeriFinder™ S100 handheld radionuclide identification device and the Vigilant MRD modular radiation detection systems, are engineered for high performance and are utilized across diverse sectors including border security, customs enforcement, military applications, and scientific research, with clients spanning government agencies and private organizations globally, particularly in North America, Europe, and parts of Asia.Symetrica generates revenue through direct sales and partnerships, focusing on B2B transactions with governmental and institutional clients in the security sector. Their revenue streams include contracts for equipment purchases, service agreements, and software licensing for their Discovery Technology®? platform, emphasizing integrated Command & Control features to enhance threat detection capabilities.Following the GBP 4 million funding round in June 2020, Symetrica Ltd. plans to use the funds for the development of new products and expansion into new geographic markets. The company is targeting enhancements in its product offerings and aims to penetrate further into markets in Asia and Europe by 2022.

## Funding rounds

- Series C, Dec 21, 2012, $3.5M — Parkwalk Advisors
- Series C, Mar 20, 2007, $1.2M — Quester Capital Management, NESTA Investments, SULIS Seedcorn fund, Tennants Ventures, YFM Venture Finance Limited
- Series B, Oct 19, 2005, $0.4M — Quester Capital Management, NESTA Investments

## Investors

- Quester Capital Management (https://capitalatlas.ai/funds/quester-capital-management) — Series B, Series C
- NESTA Investments — Series B, Series C
- SULIS Seedcorn fund — Series C
- Tennants Ventures — Series C
- YFM Venture Finance Limited (https://capitalatlas.ai/funds/yfm-venture-finance-limited) — Series C
- Parkwalk Advisors (https://capitalatlas.ai/funds/parkwalk-advisors) — Series C