The S100 Angel Investment Club is a University of Surrey not-for-profit investor network that connects high-potential ventures with experienced angel investors.
The University of Surrey spin-out secured early-stage backing to expand its computational fluid dynamics technology.
"The S100 Angel Investment Club and SETsquared Surrey have been instrumental in helping us take Morpheus from university research towards a commercial product. The S100 Club connected us with experienced angel investors at exactly the right stage, and the wider support from SETsquared Surrey and Surrey Research Park has helped us build the foundations of a growing business. This investment is an important step towards bringing accurate, accessible fluid simulation to market, helping companies large and small to mitigate the risks of climate change and bring new and more efficient products to market."
The round was led by Soulmates Ventures with backing from institutional investors and the S100 Angel Investment Club.
"The home is the quiet giant of electrification. Over 70% of charging already happens there. Accurate, automated payments give businesses confidence to electrify faster, while cutting costs and carbon. Thanks to our investors and partners, we’re now bringing that capability to fleets across Europe."
