The University of Glasgow provides access to research facilities and expertise in renewable energy technologies.
Portfolio
3
companies
Clyde Hydrogen Systems
Developing green hydrogen production solutions to lower carbon emissions.
Neuranics
Neuranics develops advanced magnetic sensing technology to transform human machine interaction.
SOLASTA Bio
SOLASTA Bio develops green peptide-based insecticides for agricultural use.
The seed round was led by Blackfinch Ventures to support global growth and commercial adoption.
"This investment marks a significant step forward as we continue pioneering new applications for magnetic sensing. With the support of our investors, we are expanding our team, advancing our technology, and bringing our solutions closer to widespread adoption."
The oversubscribed round was co-led by Forbion, FMC Ventures, and Corteva Inc.
"SOLASTA Bio has come a long way since we set out on this journey 3 years ago. Having established operations in the UK and US, we’ve now got an international team with outstanding competencies in technology and agribusiness and, importantly, we have developed our unique technology platform to address grower pain points. The results of our field trials have been hugely encouraging, demonstrating high efficacy of biopeptides against target insect pests, as effective or better than standard insecticides. With Series A now secured, it’s time for SOLASTA Bio to kick on to the next level and successfully hit our targets for commercialisation."
The pre-seed round was backed by Zinc, the University of Glasgow, and angel investors to expand research and development.
"This funding is not just a financial boost but a validation of our vision to make green hydrogen accessible and cost effective"
