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Evolve Corporation Plc provides innovative cash management products and services to the retail industry. The company has developed a portfolio of products that are dedicated to improving the secure handling of cash, both notes and coins, and generates considerable cost savings to the user. The company has recently launched a revolutionary SmartTill which knows the cash content of a till.
The company currently employs 9 staff and operates from facilities in Redhill and Croydon. Evolve Corporation has supplied products to Tesco and the Home Office in the UK and to the petrol industry (BP and Egen) in South Africa.
SEGF has invested £250,000 to enable the company to grow more aggressively and further develop its distribution partnerships and invested a further £250,000 in June 2006. |