Samson VT is an online platform that allows a user to convert a design or intellectual property into a 'Virtual Twin' i.e. a digital replica of any entity. With a £250,000 Angel funding in February 2019, the brand built SamsonWEB, its cloud-based platform that allows organisations to start their digital transformation journey by uploading a Computer-aided design (CAD) file onto its portal. Its SamsonCORE then allows the user to virtually take apart the product viewing critical components with ease. With SamsonLIVE, the user can connect, store and visualise Internet of Things (IoT) data to build a fully functioning virtual twin. The IoT market is estimated to reach $11.1 trillion by 2026 furthering the need to shift to work and think digitally. In January 2020, to compliment SamsonWEB, SamsonCORE, and SamsonLIVE, Innovate UK awarded the company with a £500,000 grant to develop SamsonAI. Thee company also submitted its Proof Of Concept (POC) to the world's largest Computer Numerical Control (CNC) manufacturer, Mazak, in Japan. They will use 30% of the investment on SamsonAI alongside Innovate UK Grant, 30% on SamsonCORE development, 20% on marketing and sales, and 10% on outstanding suppliers.
Log in to view target
£5,338,881
pre-money valuation
6.97%
equity available
127
investors
£3,246
pledge per investor
11043300
company number
Active
company status
02/11/2017
incorporated 6 years
News
FactoryTech 50 leader SamsonVT now trading as Partful - BusinessCloud
10/05/2023 BusinessCloud
SamsonVT opens Polish tech centre following $5.1m funding win - Prolific North
27/09/2022 Prolific North
Meet Sam Burgess, CEO and Co-Founder at After Sales and Lifecycle Management Platform: SamsonVT - TechRound
14/03/2022 TechRound
Par Equity leads its largest ever-seed round with SamsonVT - Scottish Financial News
28/01/2022 Scottish Financial News
SamsonVT Secures $5.1 Million in Seed Round Funding to Enable Rapid Growth - Business Wire
27/01/2022 Business Wire
Sci-Tech Daresbury welcomes 150th tenant in SamsonVT - Warrington Guardian
17/12/2019 Warrington Guardian
Can SamsonVT become Manchester's next unicorn? - BusinessCloud
06/10/2022 BusinessCloud
Juergen Maier CBE joins SamsonVT as strategic consultant - BusinessCloud
28/10/2022 BusinessCloud
People: AO World; Harrison Drury; Cortus Advisory Group; Hall Brown Family Law; SamsonVT; Parfetts; Vista ... - The Business Desk
01/11/2022 The Business Desk
SamsonVT launches European Centre of Technology - BusinessCloud
22/09/2022 BusinessCloud
Valuations in Technology
Wi-Fi Securities Limited | £9.1M |
Morgan Goodwin Limited | £5.6M |
UTU Technologies | £5.0M |
Doqit | £1.3M |