TRICAPITAL-backed subsea robotics firm HonuWorx has secured a landmark research and development contract through NATO’s Defence Innovation Accelerator for the North Atlantic (DIANA) – the first award made on behalf of a NATO Ally under its new Rapid Adoption Service. Awarded on behalf of Defence Research and Development Canada (DRDC), the contract will see HonuWorx […]
Category Archives: Portfolio Company News
A Scottish clean-tech company developing small modular wind turbines that can be deployed in almost any location has secured £865,000 in seed funding, led by TRICAPITAL Angels. Myriad Wind Energy Systems, based in Stirling, has developed a patented, crane-free wind technology designed to open on-site wind generation to businesses and sites that have historically been […]
A pioneering Scottish technology that could dramatically speed up the development of life-saving cancer treatments has secured a £750,000 seed investment. ScreenIn3D, a spin-out of the University of Strathclyde, has developed a groundbreaking “lab-on-a-chip” system that allows drug developers to test dozens of cancer therapies on tiny patient-derived tumour samples – offering a faster, easier […]
A pioneering new engine which will propel the shipping sector towards net zero has received £800,000 of fresh backing from TRICAPITAL Angels and Blackfinch Ventures. H2CHP has now raised nearly £4million to develop its free-piston engine, which generates heat and power efficiently from multiple clean fuels. The technology, initially aimed at eliminating emissions from idle […]
A Scottish start-up looking to net its share of Europe’s £9billion seaweed market has secured a substantial six-figure investment. Kaly Group has successfully raised £300,000 in a funding round led by TRICAPITAL Angels, with co-investment from Scottish Enterprise. The business opened its first seaweed farm on the Isle of Skye earlier this year and will [...]
Scottish start-up in the frame to shake up art work resale sector Scottish start-up business Trademylux Limited has secured a £300,000 investment from TRICAPITAL Angels Limited and Scottish Enterprise as it launches the first in a series of luxury goods resale platforms. Trading as sellmyartworks.com, the first venture will focus on the art resales market […]
Aveni.ai, the AI fintech business, has been selected by the client-centric, technology-driven wealth and investment management business 7IM as a strategic AI partner. The firm plans to leverage the technology as it accelerates growth following Ontario Teachers’ Pension Plan’s recent agreement to invest in 7IM. 7IM prioritises technology investment as fundamental to operational efficiency and […]
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