Biotangents Secures £2.3m for Dairy Farming Innovation

Deal News | Nov 29, 2024 | Scottish Enterprise

Biotangents, a company pioneering innovative solutions in the dairy farming industry, has secured a £2.3 million investment to advance its projects. The funding round was led by Eos Advisory, a firm based in St Andrews, and includes contributions from British Business Investments as part of their Regional Angels Programme, as well as existing investors Kelvin Capital and Scottish Enterprise. The infusion of capital will aid Biotangents in its mission to transform dairy farming practices through technological advancements.

Sectors

Agriculture Technology
Private Equity and Venture Capital

Geography

United Kingdom – The investment involves multiple stakeholders from the UK, including Eos Advisory and Scottish Enterprise.
Scotland – Eos Advisory, a key leader in the investment, is based in St Andrews, Scotland, highlighting the regional focus of the transaction.

Industry

Agriculture Technology – Biotangents is working on innovative solutions for the dairy farming industry, classifying it within the AgriTech sector.
Private Equity and Venture Capital – The article discusses an investment round led by Eos Advisory and supported by private equity entities like Kelvin Capital and public bodies like Scottish Enterprise.

Financials

£2.3m – Total investment amount garnered by Biotangents in the funding round.

Participants

Name	Role	Type	Description
Biotangents	Target	Company	Biotangents is a company focused on advancing technology in the dairy farming industry.
Eos Advisory	Lead Investor	Company	Eos Advisory, based in St Andrews, led the investment round in Biotangents.
British Business Investments	Investor	Company	Participated in the investment round through their Regional Angels Programme.
Kelvin Capital	Investor	Company	Existing investor in Biotangents participating in the funding round.
Scottish Enterprise	Investor	Company	Existing investor in Biotangents and supporter in the recent investment round.