LON:TEK

Tekcapital Secures £1 Million in Fundraising to Boost Growth and Prepare for Guident IPO

Tekcapital plc has raised £1 million through the issuance of over 13 million new shares, aiming to accelerate growth and support Guident Ltd’s Remote Monitor and Control Centre development. This funding is crucial for Tekcapital as it prepares for Guident’s IPO in 2025. Despite current market challenges and a strong sell consensus on its stock, Tekcapital’s innovative eyewear division shows promising revenue growth, highlighting the company’s commitment to expansion and innovation.