The FSE Group

The FSE Group is an independent not-for-profit Community Interest Company based in Camberley, United Kingdom, established in 2002. Its primary focus is on providing funding and support to early-stage and growth-stage startups, particularly in the renewable energy and social enterprise sectors. The organization operates through several subsidiary companies, with all regulated activities conducted by FSE Fund Managers Limited, which is authorized and regulated by the Financial Conduct Authority. Additionally, Finance East Limited is a key component of the group, delivering funding specifically to businesses in the East of England. The FSE Group reinvests its surpluses into the business, prioritizing community benefit over profit maximization for shareholders.

Mike Barber

Investment Manager

Matt Browning

Investment Manager

Derek Ellis

Fund Manager

Paul Lyristis

Investment Manager

Chris Bailey

Investment Manager

Subhendu Pal

Research Analyst

Meg Salt

Fund Manager, Cornwall and Isles of Scilly Investment Fund

Julie Silvester

Managing Director, Fund Management

Ralph Singleton

Head of Equity Funds, South West

Anna Staevska

Investment Manager

Past deals in Mechanical Engineering

New Motion Labs

Seed Round in 2025
New Motion Labs (NML) is a mechanical engineering intellectual property licensing business based in the United Kingdom that specializes in the development and licensing of innovative sprocket tooth profiles for sprocket manufacturers. Their technology, known as Enduo, revolutionizes the conventional chain drive system by shifting the power transfer method to dual point engagement on both sides of the sprocket tooth. This advancement significantly enhances the durability of chain drives, allowing them to last up to 3.5 times longer while also reducing energy losses by 50%. The new sprocket tooth profile minimizes wear by eliminating relative movement over the teeth under load, which decreases friction and increases overall drivetrain efficiency. Additionally, NML's technology is designed to be retrofittable to existing applications, providing a lightweight and efficient solution for users looking to improve their drivetrain systems.

New Motion Labs

Venture Round in 2024
New Motion Labs (NML) is a mechanical engineering intellectual property licensing business based in the United Kingdom that specializes in the development and licensing of innovative sprocket tooth profiles for sprocket manufacturers. Their technology, known as Enduo, revolutionizes the conventional chain drive system by shifting the power transfer method to dual point engagement on both sides of the sprocket tooth. This advancement significantly enhances the durability of chain drives, allowing them to last up to 3.5 times longer while also reducing energy losses by 50%. The new sprocket tooth profile minimizes wear by eliminating relative movement over the teeth under load, which decreases friction and increases overall drivetrain efficiency. Additionally, NML's technology is designed to be retrofittable to existing applications, providing a lightweight and efficient solution for users looking to improve their drivetrain systems.

New Motion Labs

Venture Round in 2024
New Motion Labs (NML) is a mechanical engineering intellectual property licensing business based in the United Kingdom that specializes in the development and licensing of innovative sprocket tooth profiles for sprocket manufacturers. Their technology, known as Enduo, revolutionizes the conventional chain drive system by shifting the power transfer method to dual point engagement on both sides of the sprocket tooth. This advancement significantly enhances the durability of chain drives, allowing them to last up to 3.5 times longer while also reducing energy losses by 50%. The new sprocket tooth profile minimizes wear by eliminating relative movement over the teeth under load, which decreases friction and increases overall drivetrain efficiency. Additionally, NML's technology is designed to be retrofittable to existing applications, providing a lightweight and efficient solution for users looking to improve their drivetrain systems.
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