Crown Plus, a Telford, UK-based highways drainage contractor, raised £3.9M in funding.
Backers included Midlands Engine Investment Fund II, through the appointed fund manager Mercia Ventures.
The company intends to use the funds to invest in new equipment and take on bigger projects.
Founded in 2015 by Paul Conner and Gary Price, Crown Plus has developed its own range of equipment for the refurbishment of filter drains, gravel-filled drainage systems that need regular maintenance. Its most recent innovation, the VERGEBlaster, extracts weeds and cleans it on site, which also reduces the amount of waste sent to landfill.
FinSMEs
28/02/2025