Magic Tech Ltd secures £6.3m for IT services and digital identity
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London-based Magic Tech Ltd has secured £6.3m in its latest funding round. Incorporated in 2021, the company provides a suite of information technology services including data archiving, backup solutions, and software disaster recovery. It also assists startups and entrepreneurs with the creation and improvement of their digital identity and communication strategies.
The business operates within the IT consulting sector, focusing on the installation of personal computers and peripheral equipment alongside software installation services. Its technical remit extends to other computer-related activities and the management of digital infrastructure for corporate clients.
Financial statements for the year ending 31 December 2024 indicate a headcount of five employees, though the company's LinkedIn profile currently lists only one staff member. This funding round was formalised through an allotment of shares in August, with documentation subsequently filed in September.
During the same period, the company expanded its board with the appointment of Emma Louise Biasiolo as a director. LinkedIn profiles suggest that Biasiolo is possibly an Investment Director at Beringea.
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