FAT32 secures investment to ‘revolutionise compliance’

Northstar Ventures’ recent investment in a pioneering tech company aims to streamline the traditionally costly and complex compliance process.

Northstar Ventures has launched its new Venture Sunderland Fund with a £350,000 contribution to a £625,000 investment round for FAT32, an innovative player in regulatory technology. A further £200,000 cash injection has come from the North East Innovation Fund, supported by the European Regional Development Fund, alongside angel investors.

FAT32 is led by co-founders Connor Greig, Conor Sizeland and David Warren, with additional support from chairman Kelvin Harrison, former chair of Sunderland’s Clixifix, and advisor Jamie Whitcombe-Jones, former CISO at Allianz.

The company plans to use the new funding to develop its software and expand its Sunderland-based team, helping to bolster the region’s cyber security sector.

Tom O’Neill, investment manager at Northstar Ventures, said: “We are very pleased to complete our investment in Sunderland-based FAT32.

“This is the first investment from the Venture Sunderland Fund, which has been designed to provide funding for high-potential businesses seeking to start up or grow in the city.

“The FAT32 founding team is impressive and has developed a leading solution to a major problem in the cyber security sector, which many business owners will be able to empathise with.”

FAT32’s flagship solution, OneClickComply®, empowers companies to achieve cyber security compliance ‘up to 20 times faster’, with potential cost savings of up to 70 per cent compared to traditional approaches.

The software automates compliance with major standards, including Cyber Essentials, ISO 27001 and GDPR, enabling organisations to reduce dependence on costly external consultants while maintaining transparent audit trails for third-party review.

The £11 billion UK cyber security market is forecasted to nearly double by 2029 as organisations face increasingly sophisticated cyber threats. FAT32 is positioned to meet this demand with solutions that help “companies navigate their compliance journey within a click, with no cyber experience required”.

Co-founder Connor added: “FAT32 is delighted to be the first investment from the Venture Sunderland Fund.

“We are truly passionate about levelling up the North East by creating skilled digital jobs in the region and are thrilled to be working with Northstar Ventures to do just that.

“Cyber security is a pressing challenge that affects us all, and keeping on top of it is increasingly difficult due to the ever-evolving threat landscape.

“That’s why at FAT32, we have automated cyber security compliance to make it easy and affordable for all businesses. Our platform is the first to combine continuous monitoring with automated remediation.”

The Venture Sunderland Fund provides investment for ambitious, high-growth companies at all stages. It has been established to invest in companies that will catalyse the economic growth and prosperity of Sunderland, as the city continues to develop as a leading digital and creative hub.

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