The growth funding is the North West-based company’s third funding round in 2021, having previously raised £40m from Chrysalis Investments in August and a £12.5m investment led by Arete Capital Partners in April.
Having grown the team tenfold in 2021, the global technology group will use this financing package to invest in its people further. With the additional capital for growth, Tactus will also develop its technology platform and improve its operational capabilities.
With a growing portfolio of international networks to help offer better experiences, value and services to customers and investors, Tactus will also use the funding to support its expanding global supply chain and customer base. This includes its recent partnership with German e-commerce platform Notesbooksbilliger (NBB), which saw the release of its series of premium finish Geo devices into the DACH market.
This latest announcement follows a string of major acquisitions made by Tactus in 2021. Most recently, in November 2021, the company acquired multi award-winning PC gaming brand Chillblast, in addition to B2B IT hardware provider BIST and CCL, the PC gaming specialist, in April.