Deal History
Investor: Maven Capital Partners
Highway Data Systems, a Glasgow-based company, has secured a £1.25 million investment from the Investment Fund for Scotland, managed by Maven Capital Partners. Summary of transaction details: Value: £1.25 million Sector: Industrials & Energy Advisor: None Key Entities: Highway Data Systems, Maven Capital Partners Location: Glasgow, Scotland Note: This investment will enable Highway Data Systems to support new contracts and continue to develop its quality assurance technologies for the road construction and asphalt industries, providing a competitive edge in the market.
Investor: Investment Fund for Scotland (managed by Maven Capital Partners)
Highway Data Systems (HDS), a Glasgow-based innovator in automated roadside quality assurance, has successfully secured £1.25 million in funding from the Investment Fund for Scotland, which is managed by Maven Capital Partners and delivered by the British Business Bank.Summary of transaction details:Value: £1.25 millionSector: Software & SaaSAdvisor: None mentionedKey Entities: Highway Data Systems (Target), Investment Fund for Scotland (Investor), Maven Capital Partners (Fund Manager), British Business Bank (Deliverer)Location: Glasgow, UK (Target)Note: This investment marks a significant step for HDS, enabling them to scale operations, expand their market reach into the US, and further develop their proprietary hardware, embedded electronics, and software for the road construction and asphalt industries.
Funding Timeline
Financial History
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- Company Number
- SC401345
- Status
- Active
- Registered Address
- St Giles Business Centre, 9 Harvie Street, Glasgow, G51 1BW, United Kingdom
- SIC Codes
- 71200
- Persons with Significant Control
- Joseph Patrick Charlesworthownership of shares 50 to 75 percent, voting rights 50 to 75 percent, right to appoint and remove directors
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