Hull's Think360 secures £100k investment following run of contract wins

Industrial software provider Think360 has secured £100,000 investment following a flurry of new contracts worth £1m.

The Hessle-based firm has won the backing from NPIF II – Mercia Debt Finance, which is managed by Mercia Debt as part of the Northern Powerhouse Investment Fund II (NPIF II). Funds will be used for additional working capital which the firm says will allow it to take on more projects and create three new jobs.

Launched in 2018, Think360 provides software to monitor cranes, industrial equipment and manage engineers in the field. It employs six at its Bridgehead Business Park base, and has up to 22 independent contr