Digital donation tech firm GWD has landed £750,000 of equity investment from a key northern fund.
The Sheffield-based firm received the injection from the Northern Powerhouse Investment Fund Maven Equity Finance managed by Maven Capital Partners and part of the Northern Powerhouse Investment Fund, delivered by the British Business Bank. GWD - founded by Marek Narkiewicz and Ben Widdows - offers socially-minded organisations the tools to gather donations.
It says its contactless fundraising device, the Donation Station, uses interactive storytelling to engage donors and creating a lasting impression of a fundraising cause. Hundreds of the stations are in use across the country for organisations across the third and corporate sectors and including places such as libraries, gardens and museums.