SBD, a Milton Keynes, UK-based automotive technology specialist, received in £1.5m equity funding.
Albion Ventures made the investment.
The company intends to use the funds to further scale its operations globally, add to its team of specialists, and develop innovative new ways of supporting the automotive industry.
Led by David Bell, CEO, SBD is a specialist in automotive technology, providing independent research, evaluation and strategic services to leading car manufacturers focusing on three growth areas:
– vehicle connectivity,
– autonomous car technologies and
– automotive cybersecurity.
The company, which also has offices in North America, Japan and India, serves such clients as FCA Group, Ford, Jaguar Land Rover, Mitsubishi Motors, Nissan, Toyota and Volkswagen.