To date, UWI Technology has raised more than $3million (£2million), of investment through investment rounds in 2012 and 2014.
In 2012, UWI Technology was the first Scottish company to receive funding from a wholly US based angel syndicate. The syndicate was established when Douglas Cribbes, then President of TAESL (a joint venture company between Rolls-Royce and American Airlines) saw the potential of the UWI Label in the Aerospace industry. He brought together a group of senior executives in the industry in the US and Aero-Den was established solely to invest in UWI. Douglas Cribbes is the current Chairman of UWI Technology bringing his vast experience of the aerospace industry to the team.
Building on the highly fruitful ‘smart’ investment of Aero-Den, in 2014, when UWI commenced a second round of investment, we sought not just funding, but selected investors who could bring relevant advise and expertise to the business. Mark Little, previously Managing Director of Barclays Wealth in Scotland, was instrumental in engaging these key investors and securing more than £500,000 of investment. Mark Little is currently a non-executive Director of UWI Technology.
UWI Technology has further secured significant funding from the Scottish Investment Bank and a won a number of competitive business funds.
While we are not currently actively seeking funding, we would be interested in hearing from individuals or companies with experience and competence in our target sectors, who are interested in ‘smart’ investment.