Frankis Solutions Limited (FSL), a Sidcup, UK-based provider of specialist land remediation services and groundworks, received a £2.0m investment from Octopus Ventures.
The investment was made through the £30m Octopus Capital for Enterprise Fund (OCfE).
The proceeds will provide working capital to strengthen the balance sheet, recruit additional specialist staff in order to expand its market share across the UK, and make selective investments in capital equipment.
Founded in 2000, FSL focuses on the reclamation, remediation and restoration of contaminated land for redevelopment. Clients include national and regional house builders, land developers and major civil engineering contractors.