A Dorset marine tech company that has developed a boating navigation app has raised close to a £1m pounds within hours of launching its latest crowdfunding campaign. Savvy navvy said the round, which is taking place on investment platform Seedrs, was its fastest raise to date.
The Poole-based company's initial target of £600,000 had already reached £862,000 on Friday (February 3), with offers "still pouring in".
Savvy navvy was founded in 2017 by ex-Google software engineer Jelte Liebrand, who describes his app as "Google Maps for boats". Last year he was named the UK's most successful scale-up entrepreneur after the app nearly doubled its users in more than 100 countries around the world over 12 months. The business currently employs 15 staff.
