Datascope Systems Limited, based near Chester, has secured a £2 million funding package from NatWest to power its next phase of growth.
The deal, which includes a £500,000 foreign exchange facility and a full banking switch, marks a major milestone for the fast-growing North Wales business.
Founded 15 years ago, Datascope develops software that helps the construction industry deliver faster, safer and more efficient projects. Its unique platform brings together core operational project functions, including short and long-term collaborative activity planning, delivery and logistics management, daily activity coordination, health and safety risk management and workforce management, within a single, integrated system.
With clients across 26 countries worldwide, the NatWest funding will accelerate Datascope's ambitious plans to grow further at home and abroad. The company is set to create 17 new department head roles as it ramps up operations and sharpens its focus on international markets, bringing more skilled jobs to the North Wales community and beyond.
Datascope's technology is a first for the construction sector, delivering real-time insights and smarter ways of working for building projects of all sizes. The business is backed by BGF and remains committed to investing in the local area, helping to build a stronger future for North Wales.
Peter Hosker, Chief Financial Officer at Datascope Systems Limited, said:
“Securing this funding from NatWest is a significant milestone for Datascope. It enables us to accelerate our strategic growth plans, strengthen our team, and continue to deliver industry-leading solutions for our customers. As we expand both in the UK and internationally, the support from NatWest will be invaluable in helping us achieve our ambitions.”
Charlotte Furnivall, Relationship Director at NatWest, commented:
“Datascope is a fantastic example of North Wales innovation and ambition. Their integrated technology is transforming the construction sector, and we're proud to provide the banking support that will help them scale up, create new jobs, and pursue new opportunities at home and abroad.”
NatWest is the biggest bank for businesses in Great Britain, supporting over 19 million customers, families, and businesses across the UK and Ireland. Its ongoing support for Datascope highlights NatWest's commitment to backing digital innovation and job creation in key sectors and regions.
