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Mafic Ltd

Bulletin

Creating exceptional construction sites.

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Overview

Mafic is an information company which has developed a wearable device which fits in a hardhat and by using machine learning and the movement of someone's head we can understand what they are doing with their hands, be that welding, grinding, cutting plate, operating machinery etc. We use this infomation along with the location to understand the hazards around the individual so that actions can be taken to improve the working conditions on site. We also aggregate the workforce data to identify opportunities for efficiency improvement improving the bottom line of the company. We want to create more transparent, efficient and healthier workplaces where individuals can feel engaged and empowered. 

Will Woodhead

Company Contact

WE ARE LOOKING FOR:

  • Single round seed investment - £250,000
  • Multiple round investment capability / interest
  • Relationships with companies in construction - national / international
  • A mentor with proven expertise in business development
  • Expertise and capacity to form a great board. 

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Originator

Originator: SETsquared Partnership

Contact name: Chris Hill

Investment Focus: Equity

About: The SETsquared Partnership is the enterprise collaboration between the universities of Bath, Bristol, Exeter, Southampton and Surrey.

250 - 500

Experienced investors

Up to £1m

Funding raised

ABOUT

The SETsquared Partnership is the enterprise collaboration between the universities of Bath, Bristol, Exeter, Southampton and Surrey.

FURTHER INFORMATION

DisclaimerPrivacy PolicyRisk Warning

IMPORTANT INFORMATION

The content of this webpage should not be construed as financial advice. Any decision to invest should be made only on the basis of the relevant documentation for each investment. Past performance is not necessarily a guide to future performance. The value of an investment may go down as well as up and investors may not get back the full amount invested. Investments in small unquoted companies carry an above-average level of risk. These investments are highly illiquid and as such, there may not be a readily available market to sell such an investment. SETsquared Partnership does not provide specific individual advice on the suitability of investments with regard to a potential investor's individual circumstances, risk tolerance or investment objectives and investors should seek independent financial advice if they are in any doubt whether a product is suitable for them.Please click here to see the full Risk Warning.

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