Retail systems provider, Citrus-Lime, has received a £750,000 boost from the Northern Powerhouse Investment Fund (NPIF).

The investment will accelerate the company’s growth throughout the UK.

Based out of Cumbria with another office in Manchester city, Citrus-Lime supplies Cloud-based EPOS (Electronic Point Of Sale) systems primarily to independent businesses within the cycle, outdoor, and equestrian retail sectors.

The company's Director, Neil Wright, said: "The funding received from NPIF and FW Capital will facilitate further investment in our technology. It will also be invested in growing the talent pool at Citrus-Lime. Both will improve our standing in the UK retail technology market.

“In addition to the NPIF - FW Capital's investment, we’ve committed £300,000 of our own money to help our plans come to fruition. This is an exciting time for Citrus-Lime. We’ve gone from a very humble beginning to a multi-million pound business and we don’t intend to stop there. We have huge ambitions and the investment will secure the next stage of our development.”

Steve Curl, a Cumbria-based member of NPIF’s Strategic Oversight Board, lauded Citrus-Lime’s ability to drive innovation.

He said: "This investment will not only fuel the company’s UK growth but also contribute to the overall advancement and resilience of the technology industry, both domestically and internationally. We are proud to support Citrus-Lime's vision and believe this infusion of funds will fuel their continued success as they shape the future of retail technology.”

Already a supplier in the UK, Citrus-Lime extended its reach to America in 2022, also retailing in Ireland, Spain, and Germany.