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 […]
Category Archives: TRICAPITAL Updates
Pioneering Scottish business Beta Bugs has secured a multimillion-pound investment as it looks to become a global leader in insect genetics. TRICAPITAL Angels led a £1.7 million investment into the business in 2023 – and has now followed up with a fresh £2.1 million cash injection alongside Scottish Enterprise. Beta Bugs was launched in Edinburgh […]
Record levels of investment from one of Scotland’s most innovative and fastest growing angel syndicates has helped to create and secure more than 500 jobs across Scotland. TRICAPITAL Angels has completed 18 deals over the past 12-months, with its high-net-worth and ultra-high-net-worth members subscribing more than £3.5 million of their own money into some of […]
An innovative Scottish company looking to revolutionise the way buildings are insulated has secured a substantial six-figure investment. Sisaltech has successfully raised £800,000 in a funding round led by TRICAPITAL Angels, with backing from Scottish Enterprise. The Midlothian-based company uses natural and recycled fibres to create innovative low-carbon insulation products that are highly breathable and [...]
Groundbreaking new technology capable of generating power without emitting carbon will be developed in Durham, Edinburgh and Aberdeen following a major investment deal. H2CHP has secured a six-figure cash injection to advance its free-piston engine, which generates heat and power efficiently from multiple clean fuels. The technology, initially aimed at eliminating emissions from idle ships [...]
A Scottish underwater robotics firm has received a seven-figure investment into its plans to revolutionise operations in the energy and security sectors. HonuWorx, based in Aberdeen, plans to dramatically slash costs and emissions for offshore repair and inspection work through its fleet of autonomous, all-electric submarines. TRICAPITAL Angels and Scottish Enterprise led the investment round, [...]
OGI Bio, a leading Scottish biotechnology company, has secured follow-on funding of £650,000 in a deal led by TRICAPITAL Angels and supported by Scottish Enterprise, Merleview, Apollo, and Old College Capital to accelerate the company's growth and expansion in the UK, EU, and US biotechnology sectors. OGI Bio specialises in developing innovative solutions for microbial [...]
TRICAPITAL Angels Limited, a leading angel investment group committed to supporting early-stage businesses, announces the appointment of Professor Lynne Cadenhead as its new Chief Operating Officer, effective April 1st, 2024. As a key member of the leadership team, Lynne's appointment is a significant progression for TRICAPITAL. With her extensive background in start-up and equity [...]
Last night was all about celebrating entrepreneurial spirit at the Young Enterprise Borders regional final. TRICAPITAL’s very own, Paul Yuskaitis, was there to join in the excitement and even had the pleasure of presenting one of the awards. Paul has been involved with the programme since 2018, volunteering his expertise in various capacities. Reflecting on […]
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