TrackMaster 2X Sets New Standard in Retail Tracking

PervasID has secured £200,000 from Maven Cognition to expand their TrackMaster RFID solution globally, particularly in US markets, following their £3 million 2024 investment. The funding will support enhanced data analytics and growing retail demand.

In our latest funding round we have secured £3.25m, led by Parkwalk Advisors, the UK’s largest investor in university spinouts. This round includes £750,000 of investment from two Maven-managed regional funds: the Finance Durham Fund established by Durham County Council and overseen by Business Durham, and NPIF II Maven Equity Finance, part of the Northern Powerhouse Investment Fund II

PervasID launches TrackMaster 2X, setting a new industry benchmark with pinpoint accuracy for tracked goods. Boasting an unparalleled 2 meter location accuracy and single reader coverage extending up to 240m² (2,600 sq ft) even in densely packed warehouses or stores.