Zero Point Motion secures £4m for tech transformation
Deal News | Mar 13, 2025 | Business Cloud
Zero Point Motion, a Bristol-based startup that specializes in sensor technology, has successfully closed a £4m pre-Series A funding round. The funding, provided by SCVC, Foresight Group, and Verve Ventures, is aimed at scaling the company and expanding its team. Zero Point Motion develops next-generation positioning and navigation sensors, focusing on sectors like defense and space exploration where high precision and reliability are essential. The company also received significant grants from the UK's Centre for Connected and Autonomous Vehicles and the European Innovation Council Accelerator program. Founder and CEO Dr. Lia Li expressed the firm's commitment to advancing MEMS performance and achieving customer deployment milestones.
Sectors
- Sensor Technology
- Venture Capital
- Defense and Space
Geography
- United Kingdom – Zero Point Motion is based in Bristol, UK, and has received funding from the UK government, making this geography relevant.
- European Union – The startup has been granted funding from the European Innovation Council Accelerator program, showing its geographical significance in the EU.
Industry
- Sensor Technology – The focus on developing advanced positioning and navigation sensors places Zero Point Motion squarely in the sensor technology industry.
- Venture Capital – The article discusses funding from various Venture Capital firms, highlighting the importance of investment in startup growth.
- Defense and Space – The breakthrough in motion sensing technology has applications in defense and space, making this industry relevant to the article.
Financials
- 4 million – The amount raised in the pre-Series A funding round by Zero Point Motion.
- 1.3 million – The grant from the UK's Centre for Connected and Autonomous Vehicles in 2023.
- 2.4 million – The grant received from the European Innovation Council Accelerator program.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Zero Point Motion | Target Company | Company | A Bristol-based startup focusing on next-generation positioning and navigation sensors. |
| SCVC | Investor | Company | The official funding arm of Science Creates, investing in Zero Point Motion. |
| Foresight Group | Investor | Company | A private equity and infrastructure investment manager backing Zero Point Motion. |
| Verve Ventures | Investor | Company | A European investment platform investing in the startup. |
| u-blox AG | Strategic Partner and Seed Investor | Company | Remains a key strategic partner and customer of Zero Point Motion. |
| Dr. Lia Li | CEO | Person | The founder and CEO of Zero Point Motion, leading the development of groundbreaking sensor technology. |
| Harry Destecroix MBE | Investor | Person | Founder of Science Creates and co-founder, managing partner of SCVC. |