SEARCH
Enter your search term below:
CASE STUDIES
View AllSymetrica: global leader in radiation detection and identification
Symetrica is a global leader in nuclear radiation detection and identification, providing real world solutions for real world challenges. The range of detectors, from handheld devices to mobile solutions and portal monitors, serve customs and border protection, law enforcement and military, emergency services and first responders.
SETsquared Programme: Business Acceleration
SETsquared support received: Networking, Investor readiness, Business review panels, Investment Showcases
Investment raised: £7m
KEY MILESTONES
January 2002
Company founded as a spin out from the Department of Physics and Astronomy at the University of Southampton
September 2004
£99,000 investment from NESTA
September 2006
Established Symetrica Inc in Massachusetts, USA
November 2006
Won $222m contract in partnership with Smiths Detection to provide Hand Held Radiation Identifiers to US Department of Homeland Security
2011- 2013
Supply of radiation screening cargo portals with L3 Technologies to Dutch Customs
October 2014
UK Business Secretary Vince Cable announces funding for Symetrica's SmartScan (£954,741) as part of a wider series of investments addressing innovation challenges across the UK
March 2015
Awarded eurostars funding to further develop Mobile Triage Systems
June 2015
Secured substantial new investment to accelerate international growth
September 2017
Ranked No. 43 in the Sunday Times Hiscox Tech Track 100, which ranks the UK's fastest growing tech companies
2015 - 2018
Part of the Horizon 2020 consortium project C-BORD to develop the next generation of cargo inspection devices
January 2019
Launches and delivers new Radiation Portal Monitors to National Radiation Portal Program
July 2019
Symetrica opens a new 2,350 m2 US domestic production facility
August 2019
Launches and delivers new mobile product, fusing 360-degree vision and RN data
“I was initially brought in as a SETsquared mentor for Symetrica. They were looking at medical applications, but I recommended they move into homeland security. Symetrica secured investment from NESTA on this basis.”
“SETsquared provided a lot of training to help us prepare for pitching to investors, and helped make useful connections via the US embassy. We went through SETsquared’s business review panels with a number of external advisors, who critiqued our business plans and strategies. The panels helped sharpen out strategy and made us more ready for when we looked for investment.”
“We pitched at the first investment showcase, which resulted in an investor walking up to me afterwards and saying they would invest in Symetrica – which they subsequently did.”
“Perhaps the most important role of SETsquared was to bring in an experienced person to mentor Symetrica. One of the best things about SETsquared is the depth of qualified mentors that it can bring in.”
“SETsquared provides a supportive but challenging environment to somebody starting a small business. It makes the management of the company think carefully about what they’re going to do and how they’re going to do it, and enables them to have that critiqued by experienced mentors.”
Heddwyn Davies, CEO
Symetrica
