Stockport-based technology firm Trolex Aporta Holdings has secured £1 million investment from Finance Birmingham’s national Rail Supply Growth Fund. The finance will enable the business to accelerate its growth plans in the rail industry through the rollout of its in-carriage entertainment system.
The deal helps the firm create 38 new, highly-skilled jobs, assisting it to invest in the application and delivery of its Juxta Infotainment System within the rail sector. Passengers of Trolex Aporta clients will benefit from uninterrupted streaming of TV shows, news, travel information and movies straight to their personal devices through a web browser or a downloadable app.
The easy to install, portable and wireless on-board system does not rely on public Wi-Fi, and offers train operators opportunities to improve user experiences, and explore new revenue streams through selling advertising and sponsorship on the service. Trolex Aporta’s emergence in the rail industry aims to support the ambitions of the Rail Supply Group, an initiative supported by the Department for Transport, fulfilling its ‘Fast Track to the Future’ commitment.
Established in 2016, Trolex Aporta has a track record delivering for bus and coach operators in the UK. Following backing from the Rail Supply Growth Fund the company’s move into the rail industry will allow it to pursue more domestic and international contracts.
Glyn Jones, Managing Director of Trolex Group said: “It’s an exciting time for the rail industry. The sector is currently experiencing increased demand from customers for high-speed Wi-Fi that delivers entertainment direct to their fingertips. At Trolex Aporta we aim to provide an innovative solution that not only guarantees a reliable full entertainment service for passengers, but one that is cost-effective and easy to maintain for rail operators. Our greater mission is to lead domestic and international rail industries to a more efficient and user-led future. The funding provided by Finance Birmingham will help us to develop our system further ensuring a better travel experience for rail passengers”.
The national Rail Supply Growth Fund, managed by Finance Birmingham and supported by central Government, provides loans and grant funding to businesses offering services and products that operate in or cross-over into the rail industry.
Jack Glonek, Investment Director at Finance Birmingham said: “Increasingly passengers want a better experience of accessing information, be it for business or leisure purposes and Trolex Aporta are committed to answering this call. Finance Birmingham is proud to be involved in helping Trolex Aporta’s momentum and we look forward to witnessing positive impacts of this innovation both for rail travel experience and overall customer satisfaction”.