Johnny Mercer MP visited Chess Dynamics in his constituency, a defence and maritime technology company that has grown rapidly with support from VCTA member Beringea.
VCTs managed by Beringea first invested in Chess Dynamics in 2008, with a further round of investment in 2014. Chess have, in the space of a decade, seen exponential growth and are now a leading presence within the sector. The team are looking to double their office presence within Plymouth, contributing to ever increasing opportunities, investment and potential within the city.
Johnny Mercer MP said “it was fantastic to visit Chess Dynamics to talk to staff and see their cutting-edge products. I am always pleased to see further defence and security-supplying companies build on their maritime needs and expand to Plymouth. These sectors are vital to the Plymouth economy and creating attractive jobs for STEM pupils.”
Dr Mike Green of Chess said: “We were delighted to host Johnny at our Plymouth office and show him the innovative research and development Chess is undertaking. We are dedicated to producing industry leading technology in Plymouth, and have plans for rapid growth over the next few years in the area."