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Challenge TRG Group company logo
Corporation
AUTOMOTIVE & TRANSPORTATION | Transportation Services / Logistics services
challengetrg.co.uk

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Founded Year

2011

Stage

Other Investors | Alive

About Challenge TRG Group

Challenge TRG Group provides a multi-resource offering to the logistics sector consisting of, temporary staffing solutions, haulage and traction, training programs and crisis management teams.

Challenge TRG Group Headquarter Location

1 Smithy Court Smithy Brook Road

Wigan, England, WN3 6PS,

United Kingdom

+44 (0) 1942 826 107

Latest Challenge TRG Group News

Immersive communications platform secures £2m boost

Mar 25, 2021

Immersive communications platform PixelMax secures £2m boost Praetura Ventures has previously backed the likes of Artorius, Challenge Group, Culture Shift and Dr Fertility Sign up to FREE email alerts from BusinessLive North West Invalid EmailSomething went wrong, please try again later. Subscribe When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Thank you for subscribingWe have more newsletters Show me See our privacy notice A Manchester-based immersive communications platform has secured £2m in a funding round led by an investment firm in the city. PixelMax has received the investment from Praetura Ventures which has previously backed the likes of Artorius, Challenge Group, Culture Shift and Dr Fertility. It most recently helped a socially-minded technology company secure more than £2m. The latest funding round was completed with participation from ACT Capital Partners. PixelMax uses 3D interactive technology which enables businesses to create and host their own virtual worlds. The business, which is led by co-founders Andy Sands, Shay O’Carroll and Rob Hilton, has already collaborated with an NHS Trust to create a simulation of a hospital department, enabling patients and their families to familiarise themselves with the process and experience they can expect before having to go into hospital. Read More Meanwhile, manufacturing firms are collaborating with PixelMax to create digital twins of machinery and factory sites to help deliver training virtually. The investment and support from Praetura Ventures and ACT Capital Partners will now allow PixelMax to expand its team and define its go-to-market strategy to drive growth. Mr Sands said: "Right now there is a huge opportunity for PixelMax, but to get to the next level we need an investment partner that can provide strategic guidance and support, as well as an injection of capital. "The team at Praetura Ventures not only share our ambitions, they have a track record of supporting businesses just like ours and this deal represents a significant milestone in our growth journey." Sign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts . You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from  manufacturing to  technology  and  enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive. The funding round was led by Praetura Ventures’ director Mark Lyons, investment director Pete Carway, investment manager Sim Singh-Landa and investment executive Myrto Lalacos. Praetura Ventures’ portfolio director Andy Sumner will join the PixelMax board as a non-executive director, alongside entrepreneur Shaz Sulaman, co-founder of Solid Bond Capital, an investor in the business, who will join as executive chairman. Mr Lyons added: "PixelMax’s innovative technology ensures the business has strong foundations and as the coronavirus pandemic continues to highlight the need for digital innovation across many industries there is a real appetite for the team to capitalise on. Win the recognition your firm deserves - enter the M.E.N Business Awards now! The M.E.N Business of the Year Awards is the biggest, the best and longest standing business awards in the region with a long history of recognising and rewarding successful businesses across all sectors. Is your business award winning? Join us at this year's prestigious event in November. To enter, click here . In association with headline sponsors Brewin Dolphin, CMS, LDC, PwC, Robert Walters and category sponsor Bolton School. "The management team is not only incredibly talented and passionate about what they do, they have the grit, resilience and determination that entrepreneurs need to succeed. "We’re really looking forward to supporting them as they push forward and accelerate the growth of the business." Read More

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