Gabriel Investment Syndicate helps entrepreneurs secure first-stage funding to build high-growth businesses. The syndicate was launched in 2012 by Gillian Macaulay.
Gillian brings early stage investment and incubator management experience, having held roles with Kelvin Capital, the University of Strathclyde, and Gabriel Investments.
The funding round was supported by One Planet Capital, SFC Capital, Scottish Enterprise, and the British Business Bank.
"My main motivation was the huge opportunity to make an impact when I realized the potential of my idea. This started out as a dissertation on wind turbines and realized this could be so much more. I want to make a difference. We need clean energy fast to meet our targets we are behind on. Hence my inspiration to design a wind turbine that focused on lowering costs, improving logistics and eliminating the need for cranes and large teams to install and maintain wind turbines."
Gabriel Investment Syndicate and Scottish Enterprise backed the Edinburgh space firm to accelerate research and design.
"We are in the midst of the second space race with rocket developers on the cusp of launching from UK soil, with the number of launches across the globe growing exponentially."
Gabriel Investment Syndicate led the seed round to help take the company's technology worldwide.
"Our mission is to change the fitness tracking market for the better, by making professional running laboratory-grade technology accessible to all runners. In doing so, we’ll help people both improve their running and lessen the risk of injuries."