Lancs startup Wallsauce.com lands £250k funding boost
A Lancashire startup that creates custom wall murals has secured six-figure funding.
Ribchester-based Omega Sky Limited, which trades as Wallsauce.com, will use the £250k loan to ramp up its operations with the creation of five new jobs, a wider product range and a new mobile-friendly website.
The cash boost was awarded by Lancashire Rosebud Finance, a fund managed by business loan provider Enterprise Ventures on behalf of Lancashire County Council’s economic development company, Lancashire County Developments Limited (LCDL).
Wallsauce.com began its online trading three years ago and has since grown its web traffic to around 100k monthly visitors.
Today, the firm’s collection includes a range of photography and artist designs, along with a service that lets customers upload their own artwork or imagery to be recreated as a wall mural.
Wallsauce.com co-founder Colin Watson said: “This new funding will help us to accelerate marketplace penetration over the next six to 12 months and stay on track to hopefully secure even more significant future funding as we see continued excellent growth in this next phase for the company.”
Enterprise Ventures investment manager Peter Rooney commented: “We have been monitoring Wallsauce’s progress for a while now, and have been impressed with the dedication that both the management and the team have shown in helping this business find its feet.
“I am confident that Wallsauce.com will continue to grow, and provide yet another great example of the business potential within Lancashire, which Rosebud™ is then able to support.”
The Chair of LCDL, County Cllr Niki Penney, said: “This up-and- coming company has the potential to develop their business further, building on its already very impressive growth.
“We’re proud that Rosebud is supporting the company’s expansion, as it looks to widen its product range, gain new customers and create new jobs.”
She continued: “This is the type of business we want to encourage in Lancashire, to bring vibrancy and wealth to the county.”
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