MyKnowledgeMap has received a £250,000 investment from YFM Group managed Yorkshire & Humber Equity Fund (YHEF).  We plan to utilise the investment for ambitious expansion plans. There are growth opportunities in both the public and private sectors where there is strong market demand for remote learning solutions.

Rob Arntsen, CEO of MyKnowledgeMap, said:

We are one of the UK's most rapidly expanding learning technology providers with a reputation for innovative solutions and strong continuing support services. The support from YFM has opened doors and we can now leverage our proprietary software and continue to support the rollout of the National Skills Academies programme.

The investment came after our management team had received assistance from a YFM Business Development managed scheme, High Growth Coaching. The introduction of MyKnowledgeMap to the YFM investment team was made internally.

Ian Waterfield, Investment Manager at YFM said:

With a strong existing client base and clear demand within the government's upskilling agenda, this is a great opportunity for MyKnowledgeMap and YFM.  Rob has built a team who have already demonstrated commitment to the growth and development of both the company and its employees, and I look forward to working with Rob as the business evolves.

Yorkshire & Humber Equity Fund has now finished investing in new companies, but is still open to invest in the current portfolio. One of three Regional Venture Capital Funds managed by YFM Group, in the last 12 months YFM has invested in deals worth over £19 million in 37 companies in the region.