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Kelvin Capital

Kelvin Capital

Venture Capital

Kelvin Capital is a Scottish private investment syndicate backed by over 300 UK-wide angel investors and a diverse portfolio of investee companies.

Portfolio

10

companies

By category

  • eCommerce£19.4M
  • Hardware£4.1M
  • Semiconductor£2.2M
  • HealthTech£2.0M
  • AgriTech£1.8M
  • Other£1.4M

By location

  • Dundee£19.4M
  • Edinburgh£8.3M
  • Glasgow£2.2M
  • United Kingdom£1.0M

Portfolio companies

C

Chromacity

Chromacity designs and manufactures advanced ultrafast pulsed fibre lasers for scientific and industrial research.

D

Dyneval

Dyneval produces advanced semen analysis technology for veterinary and fertility applications.

Ingenious Audio

Ingenious Audio

Ingenious Audio develops patented Wi-Fi audio technology for live music and entertainment applications.

LE

Logan Energy

Logan Energy provides hydrogen technology solutions and clean energy systems.

NT

Novel Technologies Holdings

Novel Technologies Holdings develops permanent silver-based antimicrobial treatments for textiles and surfaces.

Snappy Group

Snappy Group

The Snappy Group provides technology platforms connecting consumers with local convenience stores and hospitality venues.

View all 10 companies

Team

John McNicol

John McNicol

John is a founder and director at Kelvin Capital, alongside founding roles at Clyde Munro Dental Group and Ingenious Audio. He also brings board experience from LINC Scotland and Polaroid Contact Lens Solutions.

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Susie Fisher

Susie Fisher

Susie brings investment experience from roles at Kelvin Capital and Scottish Enterprise. Her background also includes commercial management and directorships.

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Jim Hall

Jim Hall

Co-founder

Jim leads Clyde Munro Dental Group and previously co-founded Kelvin Capital. He has also headed Wideblue and Polaroid.

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Recent investments

Seed
£1.0M

The Scottish laser technology specialist has raised over £1m from existing investors and Innovate UK to fund healthcare product rollouts and emissions monitoring tools.

"Designing and manufacturing state-of-the-art ultrafast infra-red lasers brings huge value and efficiencies to the global healthcare market. Our new '920' builds on a decade of research and IP development to extend our product roadmap."
— Julian Hayes, CEO
£100K

The funding will support the commercialisation of the firm's patented Wi-Fi audio technology.

"Steve brings the skillset and firsthand experience of generating demand in a very targeted manner which is critical to advance Fi-Live™ as we expand from being a product focused company in one niche to a broad technology provider"
— John Crawford, Chief Executive
£500K

The Edinburgh based agritech firm has raised over half a million pounds to accelerate manufacturing of its portable semen testing device.

"We are very proud to secure this additional round of funding which will help to rapidly increase our production meaning we can help even more farmers across Scotland, the UK and beyond."
— Tiffany Wood, CEO

The funding round was led by Highland Technology to support technology development and expansion.

"Snappy Shopper’s business model sets them apart from their rivals who rely on expensive site leases and fit outs, holding of inventory and logistics processes, to compete with convenience store retailers. Instead, Snappy partners with thousands of small business owners who have been serving their communities for years, if not generations, and enable them to not only serve their customers better but grow their own businesses. I have been really impressed with how Snappy have continued to grow the number of retailers they support and customer orders they process, with sector leading KPIs on retention and basket size, through their collaborative approach with the retailers. With an exceptional senior leadership and broader team now in place, we expect them to continue their impressive growth trajectory across the UK and into Europe, and I look forward to working with Mike and team on this journey."
— Niall Santamaria, Chief Investment Officer