Blackfinch Ventures

📣 H2CHP Limited raises £1.5m led by Northstar Ventures and Blackfinch Ventures for fuel-flexible generators built for changing power demands 𝗥𝗲𝗮𝗱 𝗺𝗼𝗿𝗲 ⤵️ ⚙️ Climate 📈 Equity 💰 £1.5m 🤝 Northstar Ventures; Blackfinch Ventures; North East Fund; Innovate UK 🧑 Stephen Hampson; Tony Roskilly 🌎 Durham, United Kingdom Hit 𝗩𝗶𝘀𝗶𝘁 𝘄𝗲𝗯𝘀𝗶𝘁𝗲 ⬆️ for the full write-up

Congratulations to Durham University spinout H2CHP Limited for securing £1.5 million in new investment to scale‑up its clean energy technology 🌿 The £1.5m of funding includes investments from the Innovate UK’s investor partnership programme, Blackfinch Ventures, and the new North East Spinout Inspire Fund. Read more about the new investment on the Northern Accelerator website 👉 https://lnkd.in/eMwxyzyK The £22.5m North East Spinout Inspire Fund is backed by the universities of Durham, Newcastle, Northumbria, Sunderland and Teesside and the The North East Combined Authority (via the North East Fund). It has been set up to commercialise the research and innovation emerging from North East England’s five universities. The Fund is being managed by Northstar Ventures. Learn more about the North East Spinout Inspire Fund 👉 https://lnkd.in/e_WrqJVR

H2CHP Limited continues to progress with Blackfinch Ventures support! 🎉 H2CHP is developing a new generation of generator technology that is smaller, lighter and able to operate using multiple fuel types, including lower-emission alternatives. Simon Porter, Ph.D., Principal at Blackfinch Ventures said: “H2CHP is addressing a clear long-term need with highly innovative technology, and we’re pleased to continue backing the team as the business progresses.” 💬 Dr. Stephen Hampson, Chief Executive Officer at H2CHP, said: “We’re delighted to have Blackfinch’s continued support as we reach a key milestone: the completion of our 250kW demonstrator. Strong market engagement is already validating the commercial opportunity, and this investment will help us accelerate deployment and scale". This follow-on investment will support the continued development and testing of H2CHP’s technology as it moves towards commercialisation. #blackfinchventures #venturecapital

Apitronix Semiconductor joins the Blackfinch Ventures portfolio 📣 Apitronix is developing a computer processor designed specifically for real-time applications, helping complex systems respond instantly, reliably and safely. The technology has strong potential in vehicles and other environments where multiple critical tasks need to happen at exactly the right time. Charles Horn, Associate at Blackfinch Ventures, said: “Apitronix is addressing an important technical challenge with a highly differentiated solution. The team combines deep expertise with a clear understanding of where this technology can create real value, and we’re excited to support the business as it moves into its next stage of development.” Ed French, Chief Executive Officer at Apitronix, said: "The founders of Apitronix are experienced with venture capital investment, so what stood out through the process with Blackfinch was a willingness to dig deep and ask the harder questions whilst building a true understanding of the business, its challenges and its opportunities. They've already demonstrated an ability to add value, and shown a pragmatism in deal-making that gives us confidence they'll be a great investor right through to exit." #blackfinchventures #venturecapital

DiPOLE Systems Ltd joins the Blackfinch Ventures portfolio 🚀 DiPOLE is developing high-energy pulsed laser technology with applications across defence, fusion energy research and advanced manufacturing. Its lasers combine high energy with rapid repetition rates, opening up significant potential in markets where performance, precision and reliability matter most. 📣 Charles Horn, Associate at Blackfinch Ventures said: “DiPOLE is a strong example of the kind of innovation we look to back at Blackfinch Ventures. The company is founded on truly world-leading technology with clear commercial potential across several key markets. We’re delighted to be partnering with the team on the journey ahead.” Dr Tom Butcher, CEO of DiPOLE Systems, said: “We have created DiPOLE Systems to harness exceptional UK science and engineering to deliver results in the real world. We have been developing this laser technology at the Central Laser Facility for the past 15 years, now we want to take it out of the lab and into the field.” #blackfinchventures #venturecapital

Follow-On Investment: Teamed Continues to Grow with Blackfinch Ventures Support 🚀 Teamed is helping businesses hire and manage employees internationally through its Employee-as-a-Service platform, removing much of the complexity around compliance, payroll, payments and local benefits. Since Blackfinch’s last investment, the business has more than doubled revenue. “Teamed has continued to make strong progress since our initial investment, with impressive revenue growth and a clear value proposition for employers managing international teams. We’re delighted to continue backing the business as it moves into its next stage of growth.” – Dr Nic Pillow, Ventures Director at Blackfinch Ventures 💬 Tom Price-Daniel, Cofounder and Chief Revenue Officer at Teamed, said: “We're proud to have Blackfinch's continued support as we scale Teamed across new markets. Companies shouldn't need a different provider in every country - one platform, the whole planet. This investment helps us get there faster." This follow-on investment will support Teamed’s continued expansion, including opening additional countries, investing in marketing and enhancing the platform with new features. We’re proud to keep backing a business that is helping make global hiring simpler, faster and more accessible. #blackfinchventures #venturecapital

Spaceflux, a London-based space intelligence company, has raised an additional £3.5 million in an extension to its seed round, taking its total funding to £9 million. The round was led by existing investor Blackfinch Ventures with continued participation from Foresight Group and the UK Innovation and Science Seed Fund (managed by Future Planet Capital, with backing from the UK Space Agency and the Ministry of Defence). Marco Rocchetto | Marcel Debczynski | Ingo Waldmann | 🔗 Read full article link in comment #SpaceFlux #SpaceDomainAwareness #SpaceIntelligence #Aerospace #SatelliteTracking #AIinSpace #DefenseTech #SpaceTechnology #OrbitalIntelligence #SpaceSecurity #UKSpace #GlobalExpansion

Blackfinch Ventures (Blackfinch Group) has closed the tax year on a high, announcing the deployment of over £16.5m across 16 tech-enabled start-ups. #TaxYearEnd #TYE https://lnkd.in/eYJ87pVy

Blackfinch Ventures has ended the tax year with strong momentum, deploying over £16.5m across 16 tech-enabled start-ups 🚀 This includes nine new portfolio companies and seven follow-on investments, with funding drawn from the Blackfinch Ventures EIS Portfolios and Blackfinch Spring VCT. From space technology and education technology to lab automation, transport, quantum computing and credit decision-making, the new investments reflect our focus on backing ambitious founders with the potential to solve meaningful, real-world problems. 💬 Dr Nic Pillow, Ventures Director at Blackfinch Ventures, said: “What stands out is the quality and range of businesses we’ve backed. From space tech to education tech, these companies show the depth of innovation coming through the market.” Read the full press release to learn more about the businesses joining the Blackfinch Ventures portfolio: https://lnkd.in/eRNY_EUG #venturecapital #eis #vct #blackfinchventures