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.

The...

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-...

Edinburgh-based Par Equity leads £3.2m investment in Northern Ireland tech companies

14 May 2019

Edinburgh-based venture capital firm Par Equity has led investments totalling £3.2 million in two Northern Ireland software companies, Plotboxand Datactics. The technology firms are the latest to benefit from investment led by Par Equity, which has invested more than £118 million in over 51 companies since it was founded in 2008. Investment manager Graeme Mckinstry said: “Northern Ireland is...

Par Equity lead £1.9m investment in loyalty card app Swipii

6 March 2019

Swipii, the loyalty card app, has secured investment of £1.9m via a funding round led by award-winning Scottish venture capital firm Par Equity.

The latest version of the app removes the need for physical loyalty cards by linking to a debit or credit card and rewarding users with points as they shop at businesses signed-up to Swipii. The app’s original iteration had 1.1m users and its...

Hat-trick of awards for Par Equity after another win

12 February 2019

Par Equity, the venture capital firm, has won ‘Best EIS Investment Exit’ at the EIS Association Awards 2019. The win completed a hat-trick of awards recognising the firm’s 76x return on investment turnaround of online educator ICS Learn.

The EIS Association Awards 2019 were announced at the trade body’s Chairman’s Reception event held at the House of Lords. Entries to the prestigious...

Par Equity leads two-day investment deal bonanza

24 January 2019

Venture capital firm Par Equity has closed investments worth almost £5 million over a two-day spell. The Edinburgh-based firm led funding rounds worth a combined £4.85m over two days at the end of December, partnering with the Scottish Investment Bank on all of the five deals.

Read more at: https://www.scotsman.com/regions/edinburgh-fife-lothians/par-equity-lead...

Dukosi battery technology firm in US partnership

19 December 2018

Edinburgh-based battery technology firm Dukosi has signed a strategic partnership with a US-based energy company. Under the agreement, Michigan-based XALT Energy will be able to use Dukosi’s technology in its energy storage products.

For full article in "Insider" see attached link

https://www.insider.co.uk/news/dukosi-battery-technology-edinburgh-michigan-13744271?utm_source=...

Growth Investor Awards 2018 - Par Equity wins "Exit of the Year"

9 November 2018

Par Equity’s outstanding 75x return on investment and great support to its investee companies made the company the deserving winner in the Exit of the Year category, presented by Alex Evans, programme director at The Supper Club.

Please see attached link - https://growthinvestorawards.com/winners/winners-2018

Entrepreneur Atkinson receives special achievement industry award

2 October 2018

Recruitment and investment entrepreneur, Paul Atkinson has been recognised for his services to the technology industry in Scotland by ScotlandIS, the industry body for Scottish software, telecoms, digital and IT businesses. The Outstanding Personal Achievement Award was announced last night (Thursday 27thSeptember 2018) at ScotSoft, the annual festival of ideas and innovation delivered by...

Edinburgh is named among Europe's top technology centres

17 September 2018

Edinburgh has come in at fourth in a ranking of technology hubs in smaller cities across Europe, Middle East and Africa (EMEA). The city came above the likes of Geneva and Brussels in the ‘normal’ cluster category in the report by property consultancy CBRE .

See attached Business Insider link for full article - https://www.insider.co.uk/news/edinburgh-technology-europe-cbre-jobs-132...

CYBG SELECTS THE ID CO. TO LAUNCH FIRST OPEN BANKING SOLUTION

13 August 2018

Today The ID Co. announced that it has been working with CYBG on integrating its DirectID Open Banking platform into the Bank’s B mobile banking app. B offers customers an intuitive mobile app, with a range of interactive tools designed to offer customers a single place to manage their financial and lifestyle needs, helping them become more financially fit. CYBG recently launched its...

Growth Investor Awards 2018 - Par Equity finalist in two categories

27 July 2018

Finalist "Best EIS Investment Manager" and "Exit of the Year".

Par Equity Managing Partner Paul Munn interviewed on "The Series A Hour" Match Capital

27 July 2018

Please follow the attached link to register with Intelligent Crowd TV to see Paul Munn, Par Equity Managing Partner - https://www.intelligentcrowd.tv/archives/series-a-hour-ep7/

IPD UK Annual Forestry Index

29 June 2018

UK Annual Forestry Index results for the year to 31st December 2017 - full report attached

Edinburgh-based company Vert Rotors (Vert), founded by London Business School (LBS) graduate Olly Dmitriev, has taken the top prize at this year's Made in Scotland Awards.

30 May 2018

Edinburgh-based company Vert Rotors (Vert), founded by London Business School (LBS) graduate Olly Dmitriev, has taken the top prize at this year's Made in Scotland Awards .

The company, which specialises in ultra-compact gas compressors, took the award for Innovator of the Year before being crowned the overall winner.
Vert has developed a conical screw compressor that’s used in...

Primary Backs MBO of ICS Learn

8 May 2018

ICS Learn is pleased to announce the completion of a management buyout of the business from the current owners, Angus MacDonald and Par Equity. The management team was backed by Primary Capital Partners (“Primary”), one of the UK’s leading mid-market private equity firms. The terms of the transaction are undisclosed.

Full article can be seen at http://www.primaryeurope.com/news/current...

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