Green Angel Syndicate has backed the developer of the Wind Panel alongside existing investors IP Group and Lark.
"Spinetic will do for small scale wind power what photovoltaic panels have done for solar power. Our research showed that no company worldwide has come close to achieving what Spinetic has done over their last five years of product development. There is a huge market opportunity to replace environmentally damaging diesel generators with Wind Fences, initially in remote off-grid and grid edge applications."
The digital healthcare provider secured the oversubscribed round as part of a wider £1m fundraising effort.
"I’m pleased to have received an investment from one of the HBA members. In tandem with other investments it will help us to expand rapidly across the UK and provide a service which patients have responded positively to."
The investment round was led by Committed Capital and Mercia Fund Managers to support product team expansion.
"The world around us is getting busier and more complicated every day. Our map-based applications, which provide access to timely, relevant location-based information about any environment, are the key to enabling consumers and businesses to find their way."
