Sunamp and Ripple Energy sign MoU to provide zero-carbon heat and hot water

20 March 2020

Par Equity Portfolio Company, Sunamp Limited, has signed a MoU with Ripple Energy to provide zero-carbon heat and hot water.

Andrew Bissell, CEO and founder of Sunamp said: “We are delighted to have reached an agreement to provide zero-carbon heating and hot water solutions to climate-conscious Ripple Energy customers nationwide. We have a shared ambition to bring new choices for...

Par Equity invests £1 million into existing Portfolio Company, Swipii

20 March 2020

We are proud to continue to support Swipii in this follow-on investment round. Swipii is on a mission to give local businesses the tools and technology they need to help compete on a level playing field with global brands. The Company wants consumers to use Swipii to discover local offers, save money on their everyday purchases, and share them with their friends & community. Swipii is UK's...

Par Partner, Paul Atkinson, becomes chair of Converge

20 March 2020

Par Equity founding partner, Paul Atkinson, has taken on the role as chair of Converge, the company creation programme for university students, graduates and staff. Paul Atkinson has held a seat on Converge’s strategic advisory board since 2016.

Atkinson stated: “I am delighted to chair the ‘crown jewel’ of Scottish academic entrepreneurial achievement. I’ve already witnessed the...

Par Partner, Robert Higginson, shares his insights on the factors driving 2020 technology trends

19 February 2020

Robert Higginson, partner at Par Equity LLP, suggests tech investments will take place against a backdrop of wider societal concerns around issues such as climate change and waste; fake news and the democratic process; social media and privacy; and ageing populations.

In this environment, tech companies will increasingly be scrutinised by customers and publicly held to account where...

Previous Par portfolio company, Dukosi, is set to double the size of its Edinburgh workforce

10 February 2020

Previous Par portfolio company, Dukosi, is set to double the size of its Edinburgh workforce since being acquired by KCK in October 2019. The support provided by Par and other investors throughout the company’s early stages has helped Dukosi reach this exciting stage of growth. Read more here:

Par Equity welcomes two new Investment Managers

7 February 2020

We are pleased to welcome Tom Croy and Alastair Moore to the Par Equity team.

Par Equity managing partner Paul Munn said: “Tom and Alastair are set to be a key part of our expansion strategy. Following our record-breaking Q4 in 2019, underpinned by our long-term commitment to early-stage investment in Scotland and our existing presence in Northern Ireland, we are investing to grow the...

Par Equity looking to continue momentum after a successful Q4 2019

27 January 2020

After a great end to 2019, Par Equity continues to seek out disruptive, high-growth companies based in the UK. In Q4 2019, Par Equity completed 11 investments and one exit, marking a record-breaking quarter. In October, Par successfully exited portfolio company Dukosi to American private equity investment group KCK. The transactions included investment into existing portfolio companies Current...

QikServe acquires Preoday to build the hospitality self-service solution of the future

15 January 2020

QikServe, the leading enterprise platform for customer self-service in the hospitality industry, has acquired Preoday , the branded mobile application and online ordering technology provider. The merger will see the businesses collaborate to build the hospitality management platform of the future – bringing together loyalty, delivery, payment and EPoS integrations, to provide operators and...

Par Equity successes in the north signal bright future

13 January 2020

Legal & General, MMC Ventures and Foresight have participated in follow-on funding rounds for two Scottish businesses in which Par Equity had invested. This underlines how Par, as the leading investor in early-stage technology businesses in the North, is sought out by London-based managers looking to broaden their portfolios.

Edinburgh-based Current Health received £9m in funding...

Dukosi, the Edinburgh, UK based developer of leading-edge battery technology, has today announced it has been 100% acquired by KCK .

29 October 2019

Dukosi, the Edinburgh, UK based developer of leading-edge battery technology, has today announced it has been 100% acquired by KCK .

Dukosi is a developer of cutting-edge technologies that transform the way advanced batteries are designed, deployed and operated in applications such as Electric Vehicles, Transport, Grid Energy Storage and Industrial. The Company will continue to build...

Former Olympic skier rejoins venture capital firm as partner

28 October 2019

Former Olympic skier Andrew Noble has been appointed as a partner at venture capital firm Par Equity . He joins the Edinburgh-based investor from Transition Capital , the private equity company he founded to pursue Scottish SME buyouts. Noble is a serial angel investor in technology companies having previously built an investment portfolio of more than 30. At Transition Capital, he led deal...

Par Equity concludes an £800k investment in Kibosh Ltd, designer of the world’s fastest leaking-pipe repair kit

22 October 2019

Par Equity has concluded an £800k investment in Kibosh Ltd, designer of the world’s fastest leaking-pipe repair kit.

The innovative Kibosh equipment enables DIY enthusiasts, professional plumbers and trades people to mend leaking pipes simply and quickly without having to turn off the water supply to water and central heating systems. It was invented in 2009 by Ross Dickinson, a...

Par Equity and Scottish Investment Bank make a profit from selling deltaDNA

24 September 2019

Venture capitalists Par Equity and the Scottish Investment Bank (SIB) have turned a profit from the sale of tech firm DeltaDNA to a Californian gaming giant.

The Edinburgh company was acquired last week by Unity Technologies , which had previously used its analytics software. DeltaDNA gives gaming developers real-time data on players, helping them to maximise revenue from free-to-play...

Par Equity and SIB exit deltaDNA following sale to Unity Technologies

23 September 2019

Par Equity and SIB exit deltaDNA following sale to Unity Technologies

Par Equity and the Scottish Investment Bank (SIB) have profitably exited deltaDNA following the acquisition of the Edinburgh-based analytics business by Unity Technologies. Founded in 2010 by data-mining expert Mark Robinson and games industry veterans Tim Christian and Chris Wright, deltaDNA specialises in...

Change at top as Edinburgh’s Vert Rotors enters next phase

12 August 2019

Edinburgh-based engineering pioneer Vert Rotors has named its new chief executive as the business gears up for a big commercial push. Phil Harris, who is described as a “manufacturing veteran”, has joined Vert from Clear Surgical, a medical device company based in Glasgow. Harris was previously chief executive of Clear Surgical from September 2016, and will continue with that firm as a non-...

Global Surface Intelligence Secures Six-figure Canadian Project

2 August 2019

Edinburgh-based geospatial analytics company, Global Surface Intelligence (GSI), has secured a six-figure deal to provide data analysis services in Ontario, Canada. The Scottish Earth observation and artificial intelligence firm uses satellite, radar and ground survey data to provide ‘next-generation’ AI-powered insights on forestry and agriculture assets for businesses.

See attached...

Investment code cracker MarktoMarket secures £1.75m backing

2 August 2019

Edinburgh-based MarktoMarket secures £1.75 million of investment. See attached for full article.

High-tech sensor firm Novosound boosted by £1m grant

4 July 2019

A Scottish sensor technology firm is to boost its research and development activity after receiving a £1m grant from Scottish Enterprise.

Novosound, which has patented a technique to mass-manufacture printable ultrasound sensors, will focus on the industrial and medical markets. Novosound also plans to create 17 high-skilled jobs, bringing staff numbers to more than 30.


Excitement at Vert Rotors as first 30 compressor units are ready for UK companies

27 June 2019

The production team at Vert Rotors have been busy putting the final touches to the first batch of 30 A100 compressors ready for delivery to UK customers.

Scottish investment for NI firms Plotbox and Datactics

14 May 2019

A Scottish venture capital firm has invested in two Northern Ireland technology companies. Par Equity has taken a £2m stake in Plotbox in partnership with Ironbridge Capital.

Plotbox, based in Ballymena, County Antrim, makes cemetery management software. It will use the funding to improve the functionality of its software and to expand sales and marketing efforts. Par Equity has co-...