Flintshire-based Datascope Systems, a technology company providing real-time insights and smarter workflows for construction projects, has secured a £2 million funding deal with NatWest to support further expansion. The agreement, which includes a £500,000 foreign exchange facility, marks a significant milestone for the rapidly growing business.
Company Background and Solutions
Founded 15 years ago, Datascope’s solutions drive efficiencies by enabling construction site managers, planners, and contractors to digitally manage site attendance, logistics, permits, and project planning, while ensuring compliance with safety and regulatory obligations. The company serves clients across 26 countries worldwide.
Expansion Plans and Job Creation
The NatWest funding will accelerate Datascope’s ambitious plans for domestic and international growth. The company intends to create 17 new department head roles as it ramps up operations and sharpens its focus on international markets, bringing more skilled jobs to North Wales. Datascope is backed by investor BGF following a multi-million-pound equity investment in 2024.
Executive Comments
Peter Hosker, Chief Financial Officer of Datascope, said: “Securing this funding from NatWest is a significant milestone for Datascope. It enables us to accelerate our strategic growth plans, strengthen our team, and continue to deliver industry-leading solutions for our customers. As we expand both in the UK and internationally, the support from NatWest will be invaluable in helping us achieve our ambitions.”
Charlotte Furnivall, Relationship Director at NatWest, commented: “Datascope is a fantastic example of North Wales innovation and ambition. Their integrated technology is transforming the construction sector, and we’re proud to provide the banking support that will help them scale up, create new jobs, and pursue new opportunities at home and abroad.”
