04 MAY 15

Plan Bee Finalists in Entrepreneur Of The Year

Plan Bee were shortlisted as finalists in the Entrepreneur of the Year at the Green Leaders Awards held in London recently.

The Green Leaders Awards are now in their fifth year and have been described as the most prestigious award ceremony for the growing green economy.  Warren Bader, CEO of Plan Bee Ltd said; "we were delighted to have been shortlisted for this prestigious award in what was a very tough category with some of the best small entrepreneurs from around the UK"


Image: Kelvin Capital
29 APRIL 15

Plan Bee & Ingenious Audio Host A Great Spring Event

Members of Kelvin Capital were treated to perfect Spring celebration evening last night with guitar music from Ingenious Audio and refreshments provided by Plan Bee.

Ingenious Audio were showcasing their 'Jack' amplifier - which uses "Fi-Wi" - technology that Ingenious Audio believe will be the new Bluetooth for audio communication.

Plan Bee introduced their new award winning Beehive Brae mead and honey beer range.  

Image: The Underwater Center
23 APR 15

Waveblade Tested At The Underwater Center

Waveblade's ROV technology underwent commercial testing at the subsea and trials facility, The Underwater Center.  Commercial divers and ROV pilot technicians recently trialed the Waveblade while working in Loch Linnhe, simulating a realistic operational environment.

The testing was covered by Marine Technology News where you can read the full article here 


Image: Daily Mail
15 FEB 15

Measure by Mode Diagnostics went on sale this week on the UK High Street

Mode appeared in the press this weekend after the high street launch of their Measure device.  The £35 tool that allows people to self check for bowel cancer has been positively compared to the NHS self check device.  Measure gives the user immediate results on a digital screen while the NHS device requires the user to post samples back through the mail with a two week turnaround for results.

Dr Helen Lewis, a trustee on the board at Mode Diagnostics Ltd highlighted that bowel cancer sufferers are getting younger and younger, however on the NHS you cannot be screened for bowel cancer until you turn 60.

Read the full article here



Image: Getty
11 FEB 15

Kelvin Capital Helps New Business iMetaFilm Secure Investment

Kelvin Capital's newest portfolio company has received lots of press attention today thanks to the closure of an investment deal worth £217k into the business.

iMetaFilm, previously know as Windense, are an innovative new company from Glasgow who aim to revolutionise the method of film digitisation.  Run by husband and wife team Mike and Linda Howell who believe that this could help convince companies to digitise old footage ranging from films and news reels to football matches and bands on tour.

iMetaFilm are already working with American Library of Congress who hold a collection of over 158 million items.

Kelvin Capital's co-founder Jim Hall said "This has the potential to be an industry game-changer, and is exactly the kind of Scottish-based technology business we love to support. It's a hot area at the moment, and the size of the opportunity for whomever takes the lead is vast."

Read the full press coverage articles from the Herald, Scotsman and Daily Record



Image: Ingeious Audio
03 FEB 15

Ingenious Audio's Jack Set to "Kill The Audio Cable"

Press for Ingenious Audio continues to appear daily, this time with The Telegraph covering the hype in their Business Club section. 

The company are also causing a stir over on Kickstarter where their campaign has one more day to go.  Although with £30k already raised - a massive 150% over their funding goal of £20k, and 200 orders for Jack already, Ingenious Audio have a promising and busy year ahead.

Read the full article here



Image: Getty
05 JAN 15

Ingenious Audio's Kickstater Campaign Featured in The Scotsman

Edinburgh based developers Ingenious Audio were given some great coverage this weekend as The Scotsman covered the launch of their Kickstarter campaign.  The company aims to raise $20,000 to set up a production site in Livinsgton and expect to be able to begin shippinh product in April.

The market is expected to be worth over $4billion with the wireless device aimed at the world's 50 million guitar players

 Read the full article here



19 DEC 14

Ingenious Audio Wireless Jack Is Featured In Online Gizmag

Edinburgh based developers Ingenious Audio's wireless Jack has been featured in online gadget magazine Gizmag as a top solution for guitarists looking for a reliable and affordable wireless solution.

"Conventional Wi-Fi isn't designed for real time so this has required some major ground up development working in collaboration with teams out of Glasgow University, but we genuinely think we have something pretty cool here," CEO John Crawford told Gizmag.

 Read the full article here



09 SEP 14

"Rise of Scottish Entrepreneurs" Takes Kelvin Capital to the Business News Pages

Kelvin Capital, Flexiworkforce and Bedi Oral Care were all featured in yesterdays Herald Scotland business pages in an article covering the rise in investments in Scottish start ups.

Law firm Harper McLeod reported that they had advised on ten deals in a six week period this summer, worth a total of £3.25 million.

Harper McLeod partner Paula Skinner said that the reason for the rise in start ups in Scotland was down to a growth in the number of people looking "to take charge of their own destinities".

A change in the education of young people is also thought to be responsible for the increase in small start up businesses with more life skills being taught in class rooms than ever before.

The full article can be viewed here

28 AUG 14

Viopti Set Their Sights on the US Market

2014 has been an exciting year so far for Contacspod manufacturer Viopti.  After receiving 510k FDA approval in Febuary which opens up the American markets, the company also recently secured a further £218k in the latest round of funding which will continue to support the growth and development of the brand.

This injection will enable Viopti to pursue new markets and support existing EU markets where they have seen success in various high street chains such as WH Smith and Tesco.

28 AUG 14

Plan Bee's Hives Create a Buzz at the City Chambers

More than a 100,000 bees arrived in George Square yesterday as two of Plan Bee's hives were installed on the roof of Glasgow City Chambers as part of Sustainable Glasgow's plans to boost natural pollinators numbers.

The two hives are specially insulated to help them survive the harsh Scottish winter's and as the bees can travel for up to three-and-a-half miles, they will be visible in Kelvingrove, Glasgow Green and George Square.

The hives will be maintained by Plan Bee and looked after by various volunteers and wax produced from the hives will be used to create polish for the chamber's furniture!

To install was covered by STV Glasgow and can be viewed by clicking the image below.

28 AUG 14

UPDATE - watch Tracey Eker's STV News appearance here

Last week we blogged about Tracey's appearance on STV News discussing the challenges women face in the work place.  You can watch the full interview by clicking on the image above

18 AUG 14

Flexiworkforce have a busy weekend! 

Tracey Eker of Flexiworkforce appeared on STV Glasgow news last Thursday where she was invited on to talk about her flexible working recruitment website and was interviewed by The Herald as part of their weekly SME focus.  You can read the full interview on their online version here

06 AUG 14


Plan Bee shortlisted for another award

At this rate Warren and the Plan Bee team will need a trophy room, not just a cabinet for all the awards they are scooping!

We were very excited to hear that Plan Bee has been shorlisted in two categories at this year's VIBE awards (Vision In Business for the Environment of Scotland).

The two categories are Environmental Product or Service Award and Micro Business Award.

The ceremony takes place on the 27th November in Glasgow's Grand Central Hotel, we'll be keeping our fingers crossed for Plan Bee.

06 AUG 14

Image: QED Naval

Kelvin Capital welcomes QED Naval to the portfolio

Together with Scottish Investment Bank, we are proud to announce that £550,000 of investment has been raised to further QED Naval's Subhun technology.

The investment will allow QED Naval to carry out tank testing of two models within the world class FloWave TT facility in Edinburgh, validating three crucial stages of the Subhub development.

Jeremy Smith, Managing Director of QED said "These funds will allow us to commercialise Subhub in a strategic manner, to minimise the technical risks of the project providing confidence to the investors.

Kelvin Capital Director, Jim Hall said " Jeremy and the team at QED Naval have patented technology which could be transformational for the tidal energy sector in Scotland and beyond and has already attracted significant government backing."

This marks Kelvin Capital's entry into the renewable energy market

Click through here for more information

31 JUL 14

Image: Herald Scotland

Waveblade Ltd secure a new distributer in South Africa

Waveblade Ltd are please to announce that they recently secured RST ECO SYSTEMS as their most recent distributor for the Republic of South Africa.  RST ECO SYSTEMS will represent Waveblade Ltd's unique marine biofouling removal power tools such as the Waveblade Corded (WB1000) and Power Shark with battery pack (WB3000)

Click through here for more information

15 JUL 14

Image: Flexiworkforce

Flexiworkforce new recruitmentment website recently soft-launched, with an official launch scheduled for later this year.

Until June 30th this year, only parents of children 16 or under were entitled to flexible working benefits.  Now, with new legislation in place, all UK employees will benefit from flexible working rights after 26 weeks of service.

Founder Tracey Eker decided to start the business after her own bad experiences trying to get back into the workplace after having her daughter and twin boys.

"It really wasn't easy.  With my three children getting older I was seeking employment as a skilled and experienced candidate, but found it almost impossible to find genuine part-time opportunities online, with giant job boards being hard to navigate and teeming with scams and dubious-sounding posts.  In a sense, looking for a job amnost became a full-time job in itself"

Tracey came up with the idea for Flexiworkforce less than a year ago, and entered ESpark's Glasgow Hatchery, working alongside a host of diverse start up entrepreneurs, each developing their own individual enterprises.

The company already has a number of corporate clients, including a FTSE 100 company.

7 JUL 14

Image: Plan Bee

Crowd Cube Happy Ending for Plan Bee

Last week saw the closure of Plan Bee's ongoing Crowd Cube investment journey, with the company raising £105,000 from 177 investors - a massive 43% over their original target of £60,000.  This funding coupled with £35,000 from Kelvin Capital and £35,000 from Scottish Enterprise, brings the total amount raised to £170,000.

This success was covered by The Herald and The Scotsman, you can read the full articles here and here

7 JUL 14

Plan Bee Sweep Up The Awards!

Plan Bee are winning awards after award this year and added another trophy to their cabinet last week when they won Small Business of the Year at the 4th annual Business Green Leaders Awards in London on 2nd July.

Plan Bee CEO Warren Badar said;

“We are delighted to have won this prestigious award in what was a very tough category with some of the best small businesses from around the UK. It has been a rollercoaster journey from the beginning but it’s great to have national recognition of our achievements”.

Plan Bee have also just been shortlisted for Nectar Small Business Awards.  Stay tuned to find out how they do.

JUL 14

Kelvin Capital Portfolio Showcase

Last month, in the Blythswood Hotel, we hosted our first ever showcase bringing together all our portfolio companies - old and new - with Kelvin Capital's most influencial investors.  

The aim of the day was to connect investors with the teams that run the portfolio companies and give the companies a chance to show off their achievements and successes.

Kelvin Capital's core investment team member Jim Hall said of the event;

"the day was a huge success allowing some of our more long standing portfolio comapnies and brand new start ups to offer support to each other and communicate with investors in a relaxed environment.  We hope to make this showcase a regular event."

JUL 14

Congratulations Flexiworkforce!

One of Kelvin Capital's most recent portfolio companies attended Entrepreneurial Spark's Hatchery Hits the Street Awards this past Friday evening.

Flexiworkforce won the "Social Concious Business with the potential to create the most jobs" title and were awarded a £5,000 cheque.

Congratulations to Tracey and the Flexiworkforce team!

Watch The Hatchery Hits the Street 4 highlights video here

JUN 14

Plan Bee Scoops Another Award!

Plan Bee have had an exciting start to 2014 with a successful round of funding on web-based funding platform Crowdcube and earlier this month receiving s Scottish Private Business award from enterprise group PwC.  Plan Bee have been voted to go forward to the UK final this September.

Plan Bee Ltd CEO Warren Badar said;

“We’re delighted to pick up this accolade from one of the world’s commercial business powerhouses. If PwC don’t know about private business then who does? It would be amazing to take the philosophy of our fledgling Scottish sustainability company to London, particularly in this year of Homecoming, the Commonwealth Games and the Ryder Cup.”

The Private Business Awards sponsored by PwC aim to recognise and reward strong, successful growth private businesses.

JUN 14

Opinurate celebrate success at Scottish EDGE awards

One of Kelvin Capital's current portfolio companies recently beat hundreds of entrants into this years Scottish Edge Awards finals which took place earlier this month.

Dominic and David Capaldi had to impress some of Scotland's most influential business figures through several rounds in order to win part of the £660,000 prize grant.

David Capaldi said of the experience;

"Taking part in the Scottish EDGE Awards has been a fantastic experience and we are thrilled to have been recognised for a share of the funding. It was a great honour to have been part of the final after joining 200 other businesses at the start of the process. Having the opportunity to showcase our product amongst like-minded entrepreneurs and judges was really exciting and we have met some great business contacts over the past months. The awards really demonstrate the level of talent and innovation alive in Scotland and it is great that support like the Scottish EDGE Awards is available to help them grow.”

With the money awarded David and Dominic plan to use the £40,000 grant to further develop additional software which can be integrated into their current product which will enhance the insight given from customer feedback.  They also wish to expand their current team with the recruitment of a market research graduate.

Have a look at their recently re-launched website here

MAY 14

PLAN Bee featured in this weeks Herald

The Lanarkshire based company have recently joined Crowdcube in hopes of raising investment of £175,000. To date PLAN Bee has raised £36,420 from investors and founder Warren Bader expects this figure to more than double over the next few weeks.

Warren hopes to raise awareness of his business amongst councils and educational institutions to get backing from local communities.

"It is about getting the community behind it and understanding the philosophy, a lot of people today want to invest in ethical companies."

To learn more about PLAN Bee visit the website at:

You can read the full article from The Herald here

MAR 14

Linc Scotland Appoints Kelvin Capital Founder John McNicol To The Board

LINC Scotland has announced the appointment of John McNicol, director of Kelvin Capital, to the board. Industry representation on the board of the national association for business angels in Scotland is by rotation to take account of the geographical origins and types of member groups. Kelvin Capital replaces the Barwell Group as the west of Scotland presence on the LINC board.

John is delighted to be joining the LINC board at an exciting time of growth for Scotland’s angel community. “The formation of new angel groups and amount of investment in early-stage companies is on an upward trajectory. Equally Scotland’s reputation of being at the forefront of angel investment continues to grow internationally. I look forward to working with the board to ensure high potential start-ups, as well as the wider Scottish economy, continue to benefit from angel investment.”

For more information:

FEB 14

Plan Bee Win Silver Fox Of The Year Award 2013

"The judges loved the concept of Plan Bee and its ethical, environmental, and community focus. They were impressed by Warren’s personal drive, contracts with Balfour Beatty and Glasgow’s Commonwealth Games, and its solid plans for growth – as well as the ‘bee’spoke honey pots for corporate clients."

Plan Bee Is The Latest 2014 Legacy Project

The Scottish Secretary, Alistair Carmichael visited Lourdes Secondary School in Glasgow to launch a scheme by eco-innovation company Plan Bee.

Scottish Secretary Alistair Carmichael said:

"I’m pleased to have been part of the Plan Bee project launch. It is exactly the sort of innovative thinking that we have seen and now come to expect from the Commonwealth Games. There are only positives that can come from schools educating their pupils about the importance of biodiversity."

AUG 13

Kelvin Capital Invest in 10 Hives from Portfolio Company Plan Bee

Plan Bee have recently placed 10 hives for Kelvin Capital in the Ardnamurchan Estate, Argyll in the West Highlands of Scotland.

Everyone at Kelvin Capital is delighted to be supporting Plan Bee, and is looking forward to the first crop of honey.

"For so work the Honey Bees, creatures that by a rule in nature teach the act of order to a peopled kingdom." - William Shakespeare

MAY 13

Waveblade Completes On a Further 610k Funding Deal

Waveblade has now raised more than £1.1 million from Glasgow based angel syndicate Kelvin Capital and the Scottish Investment Bank unit of economic development agency, Scottish Enterprise since September 2012.

Part of the latest £610,00 of funding has been ring-fenced to help finance a trial project with amajor global oil and gas company to test Waveblade products on sub-sea pipes.

Waveblade is about to hit the US and global market. Designed for the marine sector and based on a patented wave technology, Waveblade is the world's first submersible handheld power tool to remove fouling and growth from boat and submerged surfaces.

FEB 13

Scottish Enterprise Life Sciences Awards 2013

Best New Life Science Company in Scotland - I2eye Diagnostics Ltd

Having developed the world's first visual field analyser for the patient groups whose visual field was previously impossible to test, I2eye is targeting an immediate market estimated at £500 million and looking to exploit further market potential of £15 billion.

The company has already started shipping products to customers less than ten months after starting commercial operations.

I2eye Diagnostics Ltd is a Scottish Enterprise High Growth Support Unit assisted company and is one of 12 companies that won a Scottish Enterprise supported place on the prestigious Entrepreneurship Development Programme at the Massechusetts Institute of Technology in Boston.

I2eye's chief executive was on the winning pitching team last week from a cohort of over 100 chief executives from around the world.

Peter Estibeiro, I2eye's chief executive said "I'm very proud of all we have achieved in the last year, it would not have been possible without the dedication of my colleagues in the company and the support we've received from Scottish Enterprise, the Edinburgh BioQuarter and our investors led by Kelvin Capital. We are absolutely delighted to have been chosen as best new company."

Below is a video of Alex Salmonds visit to the Edinburgh BioQuarter which features I2eye Diagnostics Ltd.

OCT 12

Waveblade Completes On £550k Funding Deal

New company Waveblade Ltd has raised £550k in a deal with Glasgow based business syndicate Kelvin Capital and the Scottish Investment Bank, a division of Scottish Enterprise.

Waveblade is about to hit the US and global market. Designed for the marine sector and based on a patented wave technology, Waveblade is the world's first submersible handheld power tool to remove fouling and growth from boat and submerged surfaces.

OCT 12

Kelvin Capital Invests £3million Into Eight New Scottish Enterprises

Kelvin Capital, a business angel syndicate based in the West of Scotland, has committed £3million towards investment in eight brand new Scottish businesses.

The angel syndicate finalised two deals in September 2012 with another six due for completion by January 2013, contributing significantly to Scotland's economic growth in a number of important sectors.


First Investor Event

Kelvin Capital held its very first Investor event on July 17th at the Blytheswood Hotel. This was a highly enjoyable evening for all who came along.

We had representatives from 4 of our portfolio companies, Viopti, WaveBlade, I2eye and Oplight. Each company gave a little pitch on their product to the audience that was made up of Kelvins members, friends and future investors. This is now going to become a regular event on Kelvins calendar to keep our investors up to date with our portfolio companies.


Mode Diagnostics

Kelvin Capital is pleased to have supported with the funding needed by Scottish based company MODE Diagnostics for further development of their products. In placing this investment we can now add Mode to our list of exciting investment portfolio companies.

MODE Diagnostics is a University of Glasgow spin-out company, which has recently secured a further £975,000 equity investment together with £136,000 in business and R&D regional grants. This funding will support the Company's development of novel health screening products for use in the home.

The health and wellness screening products being developed by MODE are overcoming the significant technical challenges of this market and are being designed to allow consumers to check themselves for early indications of a range of diseases including various cancers and infectious diseases.

The fund-raising attracted a strong portfolio of investors including return investments from IP Group plc and Scottish Investment Bank. New investors included London based Parkwalk Advisors, Glasgow University Holdings, current Directors and Management and the syndicated investor Kelvin Capital.
Mode Diagnostics, Press Release 2nd July 2012

The recent funding for Mode was also covered by The Scotsman, The Herald and Business 7. Take a look at the links below:

• £1m cash raised to fund Mode's new home testing medical kits for cancer - The Scotsman

• MODE wins £1.1m funding for health screening plans - The Herald

• MODE Diagnostics raises £1.1m for product development - Business 7


Scottish Technology Showcase

Kelvin Capital shared a stand with Wideblue (one of our associate companies) at the Scottish Technology Showcase at the SECC in Glasgow.

The Scottish Technology Showcase brings together over 1500 delegates, 150 exhibitors and 20 industry speakers from all over Scotland, UK and internationally to meet, listen, discuss and showcase how technology can offer solutions to business challenges, in all industry sectors.

We had a busy day meeting new people as well as a number of old friends from our portfolio companies and associates. The highlight of the day was having the honor of John Swinney MSP, Cabinet Secretary for Finance, Employment and Sustainable Growth visit our stand.

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