SME
Private Equity
4 minutes
20/08/2025
Foresight invests £3.0 million into immersive technology specialist Aircards


- Aircards provides end-to-end immersive experiences for enterprise level brands
- Foresight’s investment will support the development of its hardware and software products and enhancement of its commercial efforts
Newcastle, 20, August, 2025: Foresight Group (“Foresight”) a leading regional private equity and infrastructure investment manager, has anounced a £3.0 million investment into Aircards Ltd (“Aircards” or the “Company”), a full service immersive technology specialist with capabilities in both software development and physical fabrication.
Founded in Newcastle in 2020, the Company has 32 FTEs and is an expert in developing and delivering immersive experiences to a range of blue-chip customers. Beyond its core studio services, it has also developed two key products, Invisionary, an interactive displays product that enables next-generation experiences through digital signage and Metalitix, a data analytics tool.
Due to the Company experiencing significant growth since inception, it was looking for a partner to not only fund the investment required to scale current operations and develop its technology further but also to collaborate closely on its strategic journey. The investment from Foresight is expected to increase jobs by 30% over the next few years.
To support the Company’s growth plans, Euan Jarvie will join the team as Executive Chair. Euan brings a wealth of experience from the technology and media sector with previous roles including the CEO of Dentsu UK&I. Euan will work closely with the management to implement growth plans both domestically and internationally.
Michael Watson, Founder, of Aircards, said: “We are delighted to have secured the investment from Foresight, which marks a significant milestone in Aircards’ journey. Their support will enable us to accelerate our growth strategy, broaden our capabilities, and unlock new opportunities in the rapidly expanding immersive technology market.”
Jordan Lavender, Senior Investment Manager at Foresight Group, commented: “Aircards has demonstrated strong growth since inception five years ago and Foresight is excited to support the highly talented team on their next phase of growth. The North East is home to many ambitious and innovative SMEs, and this investment marks a meaningful step in Foresight’s ongoing commitment to the region”
Foresight invests in promising growing companies, providing equity or debt to meet the needs of founders and management teams. We also offer tailored and flexible debt financing facilities to specialist, non-bank lenders. Foresight works with the growing companies it supports to enable founders and management teams to build resilient and prosperous companies to deliver strong economic returns and to have a positive impact on the societies in which they operate.
ENDS
Advisers to the Company:
Corporate Finance: Azets Corporate Finance
Legal Advice: Muckle LLP
Financial: KL Accountants
Advisers to Foresight:
Financial DD: UNW LLP
Legal Advice: Womble Bond Dickinson
Insurance DD: Gallaghers
Cyber DD: Kryptokloud
Technical: Mosaic Island
Notes to Editors
For more information contact:
Chris Barry, Influential: Barry@thisisinfluential.com / +44 (0)7733 103 693
Foresight Group: marketing@foresightgroup.eu