Scour Prevention Systems Closes £300K Angel Funding

Published On November 22, 2012 |

Scour Prevention Systems, a Lowestoft, UK-based offshore structure scour prevention specialist, has closed a circa £300k angel funding round.

Backers include a LBA super-angel (£150k), and other existing LBA investors (£100k).

Led by Mark Aspinall, CEO, Scour Prevention Systems is developing a novel IP protected cost effective system for protecting offshore structures from scour, a problem for offshore wind turbines caused by water speeding up around a turbine which gouges out a hole that gets progressively deeper.

The company, which previously raised a £350k round in August 2011 (read here), intends to use the funding to complete full sea trial of its system with its major commercial partner and secure further patent filings.

FinSMEs

22/11/2012

 

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