Equity Gap in pledge to back young firms through slump

Jock Millican, chairman of Investment syndicate Equity Gap, says its members will continue supporting young businesses through the pandemic to help underpin the economy.

The angel group remains on the lookout for promising technology companies.

Among recent investments was Aberdeen-based green tech start-up, Trojan Energy which secured a £4.1 million round of seed funding to support the roll-out of its on-street flat and flush electric vehicle (EV) charging points.

It was among 22 investments in the first half of 2020, with total member funds invested since Equity Gap launched 10 years ago topping £20 million.

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