Symetrica manufactures, supplies and supports a range of radiation detection devices, from handheld and backpack sensors to vehicle-based detectors and drive-through scanners. The company’s products are used by customs, border protection, law enforcement, emergency services, military personnel and first responders to detect and identify radiological threats. Founded in 2002 by the former head of Physics and Astrophysics at Southampton University, Symetrica is led by CEO Heddwyn Davies. It has offices and manufacturing sites in the UK and the US and employs 75 people. The company intends to use the new funding to accelerate global growth by enhancing its international sales program. No revenue or valuation figures were disclosed in the article. Founded in 2002 by the former head of Physics and Astrophysics at Southampton University and led by CEO Heddwyn Davies, Symetrica designs and manufactures radiation detectors ranging from handheld devices to mobile solutions and portal monitors. Its products are used by customs and border protection, law enforcement, military, emergency services and first responders worldwide. The company's technology is deployed by EU policing and customs authorities and the US Department of Homeland Security. Symetrica now has offices and manufacturing sites in the UK and the US and employs 75 people. The company raised £3m in this growth round, bringing total funding to date to £10m. It plans to use the new funds to expand its US presence and open a larger US manufacturing site in Westford, Massachusetts later this summer. Symetrica develops detection and identification systems for radioisotopes aimed at security applications. The company designs, develops, tests and deploys radiation-detection equipment in collaboration with prime contractors and government agencies. Its products are used by law enforcement personnel, customs officers, emergency services, military personnel and first responders. Symetrica works across the full lifecycle from design through deployment of detection systems. Parkwalk UK Tech Fund VI has led a follow-on financing round into the company, according to Parkwalk Advisors. Symetrica specializes in the detection and identification of radioisotopes for security applications. The company designs, develops, tests and deploys detection equipment. Its products and systems are used by law enforcement personnel, customs officers, emergency services, military personnel and first responders. Symetrica works with prime contractors and government agencies to deliver and field its detection solutions. Parkwalk Advisors has closed an investment in Symetrica on behalf of its UK Tech Fund IV and ZeroND Fund.

Total raised

$9M

Funding rounds

4

Latest round

Equity

Latest activity

Jul 2020