17th March 2023
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London startup Phare Labs, who is reimagining the design and capabilities of domestic fire alarms, has secured a £125K equity investment from British Design Fund, as part of a £300K fundraise from specialist funds and angel investors.
Phare Labs was cofounded by mechanical engineer Daniel McBride and design engineer Arnau Donate, who were inspired with the idea for their business after Daniel suffered a spate of false alarms.
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