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16th May 2019

Foresight invests £2.1 million into energy tech pioneer Synaptec

Foresight Group and Williams Advanced Engineering have made a £2 million investment, as part of a £2.9 million growth round, into the disruptive technology business Synaptec Ltd. The Foresight Williams Technology EIS Fund led the round alongside £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 £800,000 from existing shareholders, including The Scottish Investment Bank, the investment arm of Scottish Enterprise, Equity Gap and the University of Strathclyde.

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