Shaun Fernando has been recruited as a Portfolio Manager for the Aura Property Credit Fund and Nathan Harris as Head of Risk and Compliance.
Ynomia Lands Record Project with UK Government Constructor, Kier
Ynomia has been selected as a technology partner for Kier, who has been successful in its tender submission to build one of four new mega prisons in the UK
Aura Venture Fund I portfolio company, Ynomia, is excited to be able to announce that it has officially been selected as a technology partner for Kier Group Plc (Kier) who have been successful in its tender submission to build one of four new mega prisons in the UK.
The project win will be Ynomia’s biggest to date and will provide the business with a significant amount of revenue as well as a huge opportunity to prove its value within a unique type of development.
Kier is a public British construction and engineering business with a focus on delivering infrastructure sustainably, utilising the latest building methods, innovations and technology. Each year, Kier delivers over 170 projects of all sizes and complexities for its key Government clients that include; Transport for London, the Ministry of Justice and the Department for Education. Their decision to partner with Ynomia endorses the value that the technology can provide and the need for general contractors to access more data during construction.
The project with Kier is confirmed to begin in 2022 and Ynomia is looking forward to its commencement as it looks to build a strong and durable partnership with its new global client. Kier will be the third UK based client that Ynomia has signed, highlighting the global application of its offering. The team are also working on a number of opportunities in the USA that we hope to be able to report on shortly.
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