Leicester data firm lands £100,000 loan

New jobs are set to be created at a Leicester data capture firm after it secured a £100,000 loan from The Midlands Engine Investment Fund (MEIF) Debt Finance, managed by Maven Capital Partners.

EarthSense Systems, an air quality monitoring and modelling data firm, says it will use the cash to for research and development while also creating new jobs in the East Midlands.

EarthSense monitors levels of air pollution using innovative hardware helping to create key data sets of use to a range of clients including local authorities, health services, pharma businesses and government.

The firm’s technology draws on satellite data and air sensors to analyse historic levels of air pollution and accurately predict low levels of air quality in certain areas, helping inform policy decisions and enabling local authorities to direct resources into public health programmes.

Tom Hall, managing director at EarthSense, said: “Our business is centred around delivering products and solutions that provide significant value for our customers in order to make a real difference in people’s lives. This loan will support us with our product development plans and will accelerate our growth plans. We look forward to working with the MEIF team to achieve this.”