Summary
Regeno, a Glasgow-based GreenTech startup founded by Adarsh Bhardwaj, has successfully secured £422,000 in seed funding to advance its innovative wind turbine design, which allows for ground-level servicing and reduced installation costs.
Summary of transaction details:
- Value: £422,000
- Sector: Industrials & Energy (GreenTech)
- Advisor: None mentioned
- Key Entities: Target: Regeno; Lead Investor: SFC Capital; Other Investors: One Planet Capital, Gabriel Investment Syndicate, University of Strathclyde, Scottish Enterprise, British Business Bank
- Location: Glasgow, UK
Note: This investment validates Regeno's practical approach to making wind energy more economically viable and accessible, addressing critical barriers to clean energy adoption in the UK market by enabling easier installation and maintenance of wind turbines.
Lead Investor / Acquirer
SFC Capital
Advising Broker
Undisclosed Firm
Related Deals in Industrials & Energy
Seed prioritisedOriginal Source
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