Technology business fails months after long-term investor stepped back
Chesterfield technology company Konektio has collapsed into administration, four months after a key investor effectively walked away because the business "had lost focus".
The Internet-of-things company, which was previously known as InVMA, had developed energy monitoring technology and monitoring and predictive maintenance technology designed to "unlock the true value of industry 4.0".
It raised £2.1m in December 2021 from the Midlands Engine Investment Fund (MEIF) and Northern Powerhouse Investment Fund (NPIF) and announced i... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
