SAFELOC SYSTEMS BOOSTS ITS GROWTH WITH A €1.45 MILLION INVESTMENT ROUND

UPTEK member company SafeLoc Systems has closed a €1.45 million investment round, led by Kutxa Fundazioa with the participation of BeAble Capital and Basque Tek Ventures. The investment will enable the company to accelerate its industrial growth and strengthen its international expansion strategy.

Founded in 2023, SafeLoc Systems has developed an advanced real-time location technology for people and vehicles, specifically designed to improve safety in high-risk areas within industrial and workplace environments. Its solution helps enhance prevention and reduce workplace accidents through positioning and monitoring technologies.

This new investment represents a significant boost for SafeLoc Systems’ development and highlights the potential of technology companies to deliver innovative solutions with direct industrial applications and a positive impact on people’s safety.