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Symetrica

Symetrica

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.

 

Symetrica

FACT FILE

Start date: 2002

Website: Visit website

Location: Southampton and USA

Employees: 60

SETsquared Programme: Business Acceleration

SETsquared support received: Networking, Investor readiness, Business review panels, Investment Showcases

Investment raised: £7m

KEY MILESTONES

January 2002

Company founded

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

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

“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

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