Sunderland cyber security firm seals £625,000 investment to trigger growth

A North East cyber security business has become the first to secure investment from the Venture Sunderland Fund.

FAT32 has secured a £625,000 finance deal, which includes £350,000 from the fund which was launched earlier this month by fund managers Northstar Ventures. The Sunderland business is making changes in the regulatory tech industry, helping to transform cyber-security compliance from a lengthy chore to an effortless process, with potential cost savings of up to 70%.

The business says customers using its flagship OneClickComply tool can complete compliance tasks up to 20 times faster than traditional methods, putting it in a strong position to perform well in a cyber-security market estimated to be worth £11bn in 2023 – a figure set to almost double to £20bn by 2029.

FAT32 was formed by Connor Greig, Conor Sizeland and David Warren, who share