Sheffield-based Break30, a developer of technology to help golfers improve their putting skills, has won £202,500 of equity funding.
Sheffield-based Break30, a developer of technology to help golfers improve their putting skills, has won £202,500 of equity funding.
The cash is from the Yorkshire and Humber Equity Fund, the government-backed regional venture capital fund for the region, and follows a grant the company received from regional development agency Yorkshire Forward.
The company’s flagship product PUTTLAB uses ultrasonic technology from the medical industry to map a golfer’s putting swing in detail. The swing is then analysed by software to build a training programme.
Nick Middleton, founder of Break30, comments, ‘Although much is known about the full swing, putting has lacked a robust and pragmatic approach.’
The deal marks the 38th investment in the past 12 months for venture capitalist YFM, which manages the Yorkshire and Humber Equity Fund.