Data technology start-up TUBR is poised for expansion with a recent injection of funding from Finance Yorkshire. Spearheaded by entrepreneur Dash Tabor, the company offers a cutting-edge machine learning platform that empowers businesses to swiftly translate data into actionable insights.
This innovative technology holds vast potential across various industries, enabling users to anticipate future trends and events. For instance, in the retail sector, it can forecast customer demand patterns to optimize stock and staffing, while in environmental control, it can predict pollution patterns based on sensor data.
Situated at Sheffield Technology Parks, TUBR has garnered significant attention, having previously secured funding from BlueWing VC in 2022. The latest funding round, totaling £220,000, includes a substantial contribution of £100,000 from Finance Yorkshire’s Seedcorn Fund, in addition to investments from existing and new backers.
Dash, with a background in technology data product management, expressed her foresight in developing the TUBR technology to meet the evolving needs of post-pandemic businesses. She emphasized the importance of leveraging machine learning and AI to enhance operations and predict demand accurately.
The support from Finance Yorkshire and other investors will accelerate the advancement and implementation of TUBR’s technology, facilitating the expansion of its customer base. Dash’s decision to relocate the business to Sheffield was driven by the region’s startup-friendly environment and the collaborative opportunities available at the technology park.
Alex McWhirter, CEO of Finance Yorkshire, commended Dash’s vision and ambition for TUBR, highlighting the significance of supporting startups like hers in scaling up. Tom Wolfenden, CEO of Sheffield Technology Parks, hailed TUBR as a promising venture and praised Dash’s determination and resilience in pursuing her entrepreneurial goals.
Finance Yorkshire’s seedcorn fund, as part of a larger regional business fund, is poised to provide substantial funding to SMEs over the coming years. The availability of investment from its growth and business loans funds further underscores its commitment to fostering innovation and growth within the business community.
