Braveheart Ventures

Braveheart Ventures Ltd was formed in 1997 by four Scottish businessmen as an informal investment syndicate. In 2003, Braveheart Investment Group plc was incorporated, and subsequently acquired Braveheart Ventures. The transition towards becoming a recognised investment management company was completed in 2004 when Braveheart Ventures became authorised by the Financial Services Authority. In March 2007 Braveheart Investment Group plc became a listed company when its shares began trading on AIM. The organisation has grown steadily year on year and now comprises a management team of twelve and a client base of around 100. Braveheart currently has over 30 companies in its diverse portfolio and enjoys close relationships with several universities and science parks. The Groupâ€:tm:s headquarters are in Perth and there is a regional office in central London.

Martin Bowles

Former Non-Executive Director

Trevor Brown

CEO

Viv Hallam

Executive Director

Vivian David Hallam

Executive Director

42 past transactions

Inkopo

Acquisition in 2009
Inkopo offers a range of finance and consultancy services for technology investments.

designLED Products

Funding Round in 2011
Design LED is an internationally regarded LED lighting system technology business. The company is taking unique and innovative products to a global lighting market, which itself is growing rapidly on the back of international government and environmental legislation and increasing consumer demand for low energy, highly differentiated and low cost lighting solutions. Their passion for the LED lighting technology combined with their ambition to change the way they think about lighting products as a whole has been their driving motivator since Design LED was founded back in 2004. With their strategic partners they have the opportunity to make their vision a reality by providing their incredible LED Light Tiles to an international lighting design and engineering community.

MicroStencil

Series B in 2006
MicroStencil is offers precision microengineered electroformed parts for a variety of applications that include high resolution nickel electroformed stencils, meshes, evaporation and shadow masks, filters membranes, optical components, screen replacement dual layer metal foils, and embossing and stamper tools. Its products include electroformed stencils, microembossing tools and injection molding inserts, emulsion on glass plates/photomasks, electroformed components, dual layer stencils, and optical mirrors/replicated components.

mLED

Seed Round in 2010
mLED limited develops and manufactures gallium nitride micropixellated light emitting diodes (LED) arrays systems. mLED limited is based in the United Kingdom

Traak Systems

Seed Round in 2009
Traak Systems Ltd. provides real-time predictive analytics for intelligent mobility solutions. It offers Traak Analytics Platform that provides predictive analytics; ONEtraak, a dashboard and enquiry user interface; RIGHTtraak, a data review, audit, and cleanse solution; and ONtraak for cloud hosting and related services. The company was founded in 2005 and is based in Edinburgh, United Kingdom.

Paraytec

Acquisition in 2018
Paraytec Limited designs, develops, manufactures, and distributes solutions for pharmaceutical and biopharmaceutical applications. It offers ActiPix ultraviolet (UV) imaging system; Viscosizer TD, an automated biophysical characterization tool that offers biopharmaceutical researchers with an orthogonal technique for conformational stability analysis; Sirius SDI, a surface dissolution imaging system; and PrinCE Next|800, a capillary electrophoresis system; and ActiPix D100 UV area imaging system for UV-Vis absorbance detection, and enables multiplex detection for the research and OEM communities. The company also provides contract research services. Paraytec Limited was founded in 2005 and is based in York, United Kingdom.

Comparameglio.it

Venture Round in 2013
Comparameglio.it (formerly Comparafinanza.it) is the new reference point for those who want to save time and money in search of the cheaper insurance .

MicroStencil

Series A in 2005
MicroStencil is offers precision microengineered electroformed parts for a variety of applications that include high resolution nickel electroformed stencils, meshes, evaporation and shadow masks, filters membranes, optical components, screen replacement dual layer metal foils, and embossing and stamper tools. Its products include electroformed stencils, microembossing tools and injection molding inserts, emulsion on glass plates/photomasks, electroformed components, dual layer stencils, and optical mirrors/replicated components.

Pyreos

Convertible Note in 2007
Pyreos Limited develops infrared sensor array products in the United Kingdom. The company develops patented thin film pyro-electric ceramic technology for use in a new range of infra-red sensor products. Its products include bare die arrays, packaged components, and custom arrays for motion and occupancy detectors, flame detectors, people counting and tailgating, spectroscopy and gas detection, and infrared cameras applications. Pyreos Limited was founded in 2007 and is based in Edinburgh, United Kingdom.

Edinburgh Robotics

Series A in 2006
Edinburgh Robotics Limited was founded in 2005 by Joe Halliwell and Nils Roeder, two former researchers who maintain their close relationship with the University of Edinburgh. Edinburgh Robotics built their development platform to integrate experiences from mobile robotics to help accelerating intelligent system and robotic application development.

designLED Products

Venture Round in 2006
Design LED is an internationally regarded LED lighting system technology business. The company is taking unique and innovative products to a global lighting market, which itself is growing rapidly on the back of international government and environmental legislation and increasing consumer demand for low energy, highly differentiated and low cost lighting solutions. Their passion for the LED lighting technology combined with their ambition to change the way they think about lighting products as a whole has been their driving motivator since Design LED was founded back in 2004. With their strategic partners they have the opportunity to make their vision a reality by providing their incredible LED Light Tiles to an international lighting design and engineering community.

Tayside Flow Technologies

Venture Round in 2010
Tayside Flow Technologies is a medical devices company, engages in the research, development, and commercialization of vascular devices based on an understanding of blood flow dynamics. It develops Spiral Laminar Flow technology to help restore the body’s natural method of transporting blood in situations where own vessels need to be replaced by prosthetic vascular grafts to repair diseased veins and arteries.

Pyreos

Venture Round in 2009
Pyreos Limited develops infrared sensor array products in the United Kingdom. The company develops patented thin film pyro-electric ceramic technology for use in a new range of infra-red sensor products. Its products include bare die arrays, packaged components, and custom arrays for motion and occupancy detectors, flame detectors, people counting and tailgating, spectroscopy and gas detection, and infrared cameras applications. Pyreos Limited was founded in 2007 and is based in Edinburgh, United Kingdom.

Biopta

Series A in 2004
Biopta Ltd. provides contract research services to the pharmaceutical industry. The company uses functional human tissue to predict drug activity prior to clinical trials. It also provides laboratory, comparative pharmacology, clinical biopsies, in-vitro and ex-vivo techniques, and customized services, as well as cardiac, vascular, respiratory, gastrointestinal, human absorption, skin, and genitourinary related services. In addition, the company offers a catalogue of human functional tissue assays, which contains a range of standard assays. Biopta Ltd. was founded in 2002 and is based in Glasgow, United Kingdom. It has laboratories in Glasgow, United Kingdom; and Maryland. As of December 15, 2015, Biopta Ltd. operates as a subsidiary of ReproCELL, Inc.

Gyrometric Systems

Merger/Acquisition in 2016
Gyrometric Systems Limited designs and develops shaft monitoring systems. It offers Incremental Motion Encoder (IME), a rotary encoder with multiple sensors; and remote monitoring systems, which are configured to send data via a communications satellite to data storage in the cloud. Its products are used in universal bearing monitor, marine, energy, manufacturing, and engineering applications. The company was incorporated in 2004 and is based in Nottingham, United Kingdom. Gyrometric Systems Limited operates as a subsidiary of Remote Monitored Systems plc.

AppShare

Series D in 2011
AppShare is a venture-funded technology company that was spun out of the University of Strathclyde in 2008. Their development is patent protected and it can rightly be considered as the world's only scalable and intrinsically secure collaboration platform. Through their technology and software, their vision is to quickly change the rules of web collaboration throughout the world.

NXVISION

Venture Round in 2009
NXVISION is located in Dunfermline, Scotland and was founded in August 2006 as Inxstor Ltd, to take advantage of its unique Placeshifting IP. NXVision, in a short time, has established itself as a leading supplier of STB applications, including end-to-end Place-Shifting and Sideloading solutions for the secure delivery of video content.

NiTech Solutions

Venture Round in 2007
NiTech Solutions is a authority on delivering step-change process improvement benefits through the use of baffled reactor technology. NiTech’s innovative team have a diverse range of skillsets including process design, chemistry, chemical engineering, reaction engineering and biotechnology/pharma. We have experience, expertise and know-how in successfully transferring existing batch to continuous processes using our technology, together with the development of new innovative processes.

Cascade Technologies

Series B in 2006
Cascade Technologies offers a number of products that allow for monitoring of greenhouse and general industrial emissions, hazardous gases, explosives and drugs.

NXVISION

Venture Round in 2007
NXVISION is located in Dunfermline, Scotland and was founded in August 2006 as Inxstor Ltd, to take advantage of its unique Placeshifting IP. NXVision, in a short time, has established itself as a leading supplier of STB applications, including end-to-end Place-Shifting and Sideloading solutions for the secure delivery of video content.

Pharm 2 Farm Limited

Merger/Acquisition in 2019
Pharm 2 Farm Limited owns and operates as a plant nutrients company. The company was founded in 2015 and is based in Nottingham, United Kingdom. As of November 5, 2020, Pharm 2 Farm Limited operates as a subsidiary of Remote Monitored Systems plc.

Paraytec

Merger/Acquisition in 2019
Paraytec Limited designs, develops, manufactures, and distributes solutions for pharmaceutical and biopharmaceutical applications. It offers ActiPix ultraviolet (UV) imaging system; Viscosizer TD, an automated biophysical characterization tool that offers biopharmaceutical researchers with an orthogonal technique for conformational stability analysis; Sirius SDI, a surface dissolution imaging system; and PrinCE Next|800, a capillary electrophoresis system; and ActiPix D100 UV area imaging system for UV-Vis absorbance detection, and enables multiplex detection for the research and OEM communities. The company also provides contract research services. Paraytec Limited was founded in 2005 and is based in York, United Kingdom.

Tayside Flow Technologies

Venture Round in 2009
Tayside Flow Technologies is a medical devices company, engages in the research, development, and commercialization of vascular devices based on an understanding of blood flow dynamics. It develops Spiral Laminar Flow technology to help restore the body’s natural method of transporting blood in situations where own vessels need to be replaced by prosthetic vascular grafts to repair diseased veins and arteries.

mLED

Venture Round in 2012
mLED limited develops and manufactures gallium nitride micropixellated light emitting diodes (LED) arrays systems. mLED limited is based in the United Kingdom

Edinburgh Robotics

Series B in 2007
Edinburgh Robotics Limited was founded in 2005 by Joe Halliwell and Nils Roeder, two former researchers who maintain their close relationship with the University of Edinburgh. Edinburgh Robotics built their development platform to integrate experiences from mobile robotics to help accelerating intelligent system and robotic application development.

Gyrometric Systems

Venture Round in 2017
Gyrometric Systems Limited designs and develops shaft monitoring systems. It offers Incremental Motion Encoder (IME), a rotary encoder with multiple sensors; and remote monitoring systems, which are configured to send data via a communications satellite to data storage in the cloud. Its products are used in universal bearing monitor, marine, energy, manufacturing, and engineering applications. The company was incorporated in 2004 and is based in Nottingham, United Kingdom. Gyrometric Systems Limited operates as a subsidiary of Remote Monitored Systems plc.

EctoPharma

Venture Round in 2007
EctoPharma is virtual pharmaceutical company focused on commercialising patented technologies by developing new medicines which address unmet therapeutic needs in major markets. The company is currently conducting R&D work into a novel gene therapy which may have the potential to help the treatment of several forms of cancer.

NXVISION

Venture Round in 2006
NXVISION is located in Dunfermline, Scotland and was founded in August 2006 as Inxstor Ltd, to take advantage of its unique Placeshifting IP. NXVision, in a short time, has established itself as a leading supplier of STB applications, including end-to-end Place-Shifting and Sideloading solutions for the secure delivery of video content.

Neon Capital Partners Ltd.

Acquisition in 2012
Neon Capital Partners Ltd. is an FSA regulated fund manager. Established in 2010, Neon Capital operates from offices in Barnsley and Leeds and manages the £48m Finance Yorkshire Equity Fund.

Spiral Gateway

Series C in 2008
Spiral Gateway is a fabless semiconductor chip vendor with products that are designed to enhance flexibility and performance in the Image Signal Processing (ISP) market. The company was formed in 2004 as a spinout from the University of Edinburgh and holds exclusive rights to RICA (Reconfigurable Instruction Cell Architecture), a novel processing architecture and associated tool chain. This technology has the potential to achieve cost & performance points for existing signal processing functions, directly comparable with fixed function custom hardware, whilst offering the significant additional benefit of high degrees of flexibility through software programmability.

Pufferfish

Seed Round in 2009
Pufferfish are world leaders in digital display technology, designing unique visualisation and engagement solutions for a global customer base, including, among others, AT&T, Audi, Babcock, The BBC, Honeywell, Kodak, IBM, Shell and UNEP. The story began with wowing audiences in the events industry. Since then, not only has the incredible PufferTouch technology grown in scope but the product family has expanded to include the world’s first commercial interactive sphere, hemispherical displays, and a powerful proprietary software platform. Pufferfish have an unrivalled reputation for premium solution provision including application and content development services. Their customers sit across many diverse industries and span the globe, with solutions already having been sold into 40 countries.

AppShare

Private Equity Round in 2010
AppShare is a venture-funded technology company that was spun out of the University of Strathclyde in 2008. Their development is patent protected and it can rightly be considered as the world's only scalable and intrinsically secure collaboration platform. Through their technology and software, their vision is to quickly change the rules of web collaboration throughout the world.

Pharm2Farm Ltd.

Venture Round in 2019
Pharm2Farm Ltd. produce and sell these products through an exclusive licence to this technology from NTU. Pharm2Farm Ltd. is a spin out from Nottingham Trent University ("NTU").

Kirkstall

Venture Round in 2016
Kirkstall Ltd. is a biotechnology company, established in 2006 to satisfy the overwhelming need for more human relevant science, brought about by the failures of traditional in vitro research and animal research models.

Biopta

Funding Round in 2008
Biopta Ltd. provides contract research services to the pharmaceutical industry. The company uses functional human tissue to predict drug activity prior to clinical trials. It also provides laboratory, comparative pharmacology, clinical biopsies, in-vitro and ex-vivo techniques, and customized services, as well as cardiac, vascular, respiratory, gastrointestinal, human absorption, skin, and genitourinary related services. In addition, the company offers a catalogue of human functional tissue assays, which contains a range of standard assays. Biopta Ltd. was founded in 2002 and is based in Glasgow, United Kingdom. It has laboratories in Glasgow, United Kingdom; and Maryland. As of December 15, 2015, Biopta Ltd. operates as a subsidiary of ReproCELL, Inc.

Conjunct

Series C in 2011
Conjunct Ltd. designs and develops Fibre-Lyte technology based transceiver modules for application in data-communications and telecommunications systems. The company’s Fibre-Lyte glass substrate technology encapsulates optical waveguides and forms the carrier for specialized thin film metallization. Its products include Fibre-Lyte 4x25G and 4x10G transceiver modules that interface with an external lens system or connectors; and 300G and 400G transceivers. The company offers its products for application in active optical cables, data storage and HPC I/O interfaces, ASIC/FPGA optical interfaces, and transceivers. Conjunct Ltd. was incorporated in 2004 and is based in Livingston, United Kingdom.

Traak Systems

Venture Round in 2010
Traak Systems Ltd. provides real-time predictive analytics for intelligent mobility solutions. It offers Traak Analytics Platform that provides predictive analytics; ONEtraak, a dashboard and enquiry user interface; RIGHTtraak, a data review, audit, and cleanse solution; and ONtraak for cloud hosting and related services. The company was founded in 2005 and is based in Edinburgh, United Kingdom.

Conjunct

Series B in 2010
Conjunct Ltd. designs and develops Fibre-Lyte technology based transceiver modules for application in data-communications and telecommunications systems. The company’s Fibre-Lyte glass substrate technology encapsulates optical waveguides and forms the carrier for specialized thin film metallization. Its products include Fibre-Lyte 4x25G and 4x10G transceiver modules that interface with an external lens system or connectors; and 300G and 400G transceivers. The company offers its products for application in active optical cables, data storage and HPC I/O interfaces, ASIC/FPGA optical interfaces, and transceivers. Conjunct Ltd. was incorporated in 2004 and is based in Livingston, United Kingdom.

Elonics

Series A in 2008
Elonics Limited, a fabless mixed-signal semiconductor company, specializes in the development and supply of multi-band radio frequency (RF) integrated circuit (IC) products in the United Kingdom. It offers E4000, a family of integrated multi-band RF tuner ICs implemented in CMOS for digital TV and radio broadcast receiver solutions. The company also provides custom silicon design and ASIC development services. Its CMOS multi-band RF tuners targeted at the reception of digital TV and radio, including DVB-T/H, ISDB-T, T-DMB, ISDB-T, DTMB, DAB/DAB+, and FM radio broadcast standards. The company's products focus on mobile phone and home consumer electronics markets internationally. Elonics Limited was founded in 2003 and is based in Livingston, the United Kingdom.

Traak Systems

Seed Round in 2007
Traak Systems Ltd. provides real-time predictive analytics for intelligent mobility solutions. It offers Traak Analytics Platform that provides predictive analytics; ONEtraak, a dashboard and enquiry user interface; RIGHTtraak, a data review, audit, and cleanse solution; and ONtraak for cloud hosting and related services. The company was founded in 2005 and is based in Edinburgh, United Kingdom.

Wolfson Microelectronics

Venture Round in 1999
Wolfson is committed to the design and supply of ground-breaking audio products, including its architecture-defining audio hub solutions, silicon micro-electro-mechanical system (MEMS) microphones, power management integrated circuits and noise cancellation solutions, all of which come together to allow Wolfson to deliver industry-leading audio solutions to consumer electronics applications. This rich portfolio allows Wolfson's global customers to better differentiate their digital consumer products and create whole new end-user experiences.

Cascade Technologies

Venture Round in 2008
Cascade Technologies offers a number of products that allow for monitoring of greenhouse and general industrial emissions, hazardous gases, explosives and drugs.