Boost&Co has provided the business with a £1.5 million term loan under the Coronavirus Business Interruption Loan Scheme (CBILS). Having made a significant contribution to improving emergency responses during the Covid-19 pandemic, Airbox Systems will now prioritise the growth of its team and the expansion of its operations.
Boost&Co, a leading provider of growth capital for innovative, fast-growing UK SMEs, has funded more than £500 million across more than 130 deals to date and provided close to £200 million under the government’s CBILS initiative to support UK SMEs during the pandemic.
William Moore, chief executive at Airbox Systems, said: “Airbox is all about helping the emergency services to protect life. This funding will enable us to more than double the 50,000 operations conducted with Airbox every year, which is a fantastic outcome for us as a business and, I hope, for the general public too.
