Wideblue client Waveblade Ltd wins funding from Kelvin Capital
Wide Blue 15 October 2012
Glasgow based business angel, Kelvin Capital has invested £550,000 in order to develop a product pipeline aimed at the commercial sector to build on the success Waveblade enjoyed within the amateur boating market.
The firm also has support from Scottish Enterprise’s High Growth Unit, and is exploring applications for the device in oil, gas and mining.
Waveblade was invented by Ayrshire-based boat enthusiast and entrepreneur Hugh Fisher. He said: “I’m delighted to have secured the funding to take Waveblade to the next level and create a truly global Scottish company.”
Read more in The Scotsman.