Deals in 2005
Advanced Transport Systems
Funding £1M
Sector Transportation Systems
Funded By Church House Investments
Advanced Transport Systems Limited ('ATS') – ICON has advised the management of ATS on their next round of financing from venture capitalists, Church House Investments.
This investment is being used to provide an expansion of critical technical areas in advance of new contracts.
ATS is a spin-out from the University of Bristol and has developed the next generation of personal transport systems for commercial and local government customers that address the increasing problems of congestion, pollution and inefficiency of existing forms of urban transport. ATS is recognised as the world leader in the field of automatic personal transport. The company has completed two full working prototypes and is in advanced discussions with high profile customers for intial commercial deployments.
