UK’s mobility intelligence firm Huq Industries secures €4.6M to expand in Europe
Summary
London-based Huq Industries, a monitoring platform for decision-makers in local government, retail and real estate, announced on Tuesday that it has raised £4M (approximately €4.66M) in an equity round of funding. The round was led by 24Haymarket alongside ACF Investors. Founded in 2014, Huq is a data intelligence supplier that provides precise mobility insights, such as footfall numbers, to enable strategic professionals in government, banking, retail, and real estate to make confident judgements. The company’s insights help merchants and owners of commercial real estate choose the right areas to concentrate their investments while also assisting local governments in creating better communities.
Funding
Amount
$5.2M
Total raised
Date
July 17, 2023
Announcement date
Investors
24 Haymarket
Lead investors
Company
http://www.huq.io
Funded company
Classifications
industries
No industries detected
applications
Data Management
AskAI Classifications
Labels
Location Intelligence
SaaS
Data Analytics
Linked Companies
Huq Industries
$1M to $5M