£2.9m for energy tech pioneer Synaptec

£2.9m for energy tech pioneer Synaptec

Equity Gap portfolio company, Synaptec has benefited as the Foresight Williams Technology EIS Fund invested £2m as part of £2.9m deal.  It also included £100,000 from the newly created Foresight Scottish Growth Fund financed by the Scottish Growth Scheme through a combination of Scottish Government funds and the European Regional Development Fund (ERDF), and a further £800,000 which was raised from existing shareholders – Scottish Investment Bank, Equity Gap and the University of Strathclyde.

More details here.