Finnmark Sauna has secured a six-figure funding package from Barclays, marking a significant end-of-year milestone for the North East business as demand for authentic thermal experiences continues to rise across the UK spa sector.
The investment arrives ahead of the company’s 10-year anniversary in March and will support significant development across its manufacturing and operational capabilities.
The funding will enable Finnmark Sauna to expand into a larger, production-focused facility and create new skilled roles in the region. It will also accelerate innovation in sauna manufacturing, strengthen supply chain resilience and enhance digital systems to support the growing number of spa and wellness operators seeking high-quality thermal solutions.
Jake Newport, Founder and CEO of Finnmark Sauna, said: “This funding from Barclays is a real vote of confidence in Finnmark and in the North East. It enables us to scale responsibly and invest in new innovations and technologies that will keep our operations robust for years to come. Whilst we have an international reach and a market-leading UK presence, we are proud to be building a business that is growing in the region for the region.”
In the last year, Finnmark Sauna has been responsible for several landmark projects that highlight the rise of thermal wellness experiences in the UK. These include the UK’s highest sauna at The Shard, the UK’s largest sauna at arc in Canary Wharf and the UK’s first floating sauna, WYLD in Liverpool Docks. Finnmark has also delivered bespoke commercial installations for spas, sports facilities and notable public figures.
The company has doubled its workforce in the last year and plans to increase headcount by a further 25% as part of its expansion. In addition, Finnmark continues to invest in patented production methods and energy-efficient manufacturing processes to enhance quality and sustainability in the spa sector.
Jake added: “We are heading into our tenth year with real momentum. This funding allows us to build on everything we have achieved so far and move into the next chapter with confidence. The support we have received from Barclays and our local community gives us a strong foundation as we continue to grow.”
Work on Finnmark’s expanded facility will begin early next year as the company prepares for its anniversary and the next phase of its development.
