Funding Competition: Innovate UK Open competition
Company Sector: Tech
Funding Secured: £330k
Fastr is a leading, UK based, PropTech provider that is seeking to develop a world-first autonomous residential development ecosystem. The companies vision is to stream-line the approach to building for SME developers and supporting supply chains; democratising functionality and taking a pioneering technical skillset and provision to the global property market.
The R&D project that was defined focused on the development of a cloud-based property ecosystem that would have the ability to enable new markets & accelerate the entire process of residential new build developments. To successfully develop their advanced property ecosystem, Fastr required grant funding to increase their chances of disrupting the market and having long term user retention.
Successful in the Innovate UK open competition, FastR secured £330k of grant funding. This funding will help them to become a world-leading company in the PropTech market with their innovative software platform.
“Grant funding has definitely fast-tracked both the development of our platform and the leveraging of external investment into FastR. We continue to work with the Granted team on further projects” – Mo Elkhadraoui, CEO at Fastr Property Ltd.
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