Funding drives growth for Astheimer

Funding drives growth for Astheimer

Carsten Astheimer launched specialist design consultancy Astheimer from a converted garage at his family home in Claverdon back in 2009. Seven years on and the company’s key clients now include household names such as Ferrari, Caterpillar, 3M and Unilever.

Seven years since its inception and Astheimer is on the move again, investing in larger premises at St George’s Business Park in Lower Cape, Warwick.

The move has created three jobs, one of which is an intern, to take its total headcount to eight employees with plans for further growth in the pipeline.

The company, which focuses on the automotive, marine, furniture, high-tech products and consumer electronics sectors, is hoping the move will help it secure more major blue chip clients.

Supported by the Coventry and Warwickshire Growth Hub, Astheimer secured a £20,000 grant from the hub to help finance the move.

“We met Jaymie Thakordas at a networking event and her input in our search to find the perfect premises was invaluable as well as filling in the forms to apply for a £20,000 grant from Coventry City Council which proved successful,” Carsten said.

Jaymie Thakordas, account manager at the growth hub, said it can be daunting deciding to move from working from home to buying or renting business premises.

“Astheimer is a fantastic business which has an impressive array of clients in various sectors and this move to St George’s Business Park means they have been able to expand their services from concept development to final prototyping as well as increase their staff numbers,” she said.

“The Growth Hub is here to help entrepreneurs find a unit which is perfect for their business as well as give guidance on funding opportunities.

“I have no doubt Astheimer will continue to flourish in an exciting industry because of their innovative approach.”