investors
Elonics secured £2M ($4M) Series A funding in February 2008. Key investors include Braveheart Investment Group, Scottish Venture Fund and a number of private investors including Brian Souter and Sir Tom Farmer.
Braveheart Investment Group
Formed in 1997, Braveheart Investment Group makes investments in young, emerging, unlisted companies where there is potential for significant growth, through the successful commercialistion of their IP. Typically, Braveheart’s investments are focused on British companies with potential global technology solutions.
www.braveheart-ventures.co.uk
Scottish Venture Fund
The Scottish Venture Fund provides investments of up to £2m per transaction in partnership with the private sector on at least a matched funding basis in syndicated transactions, typically, between £2m and £10m.