TRICAPITAL Angels has led an investment of £865,000 in Myriad Wind Energy Systems, a Scottish clean-tech firm pioneering modular wind turbines for diverse business applications.

Target Overview

Myriad Wind Energy Systems, a Scottish clean-tech firm based in Stirling, has successfully raised £865,000 in seed funding, predominantly from TRICAPITAL Angels. The company specializes in the development of small modular wind turbines that can be effectively deployed in a wide range of locations, including those previously deemed unsuitable for wind energy generation. This innovative technology is designed to eliminate the typical barriers associated with on-site wind energy, such as high costs, complex installation requirements, and accessibility issues.

Myriad's patented, crane-free wind technology is a game changer for businesses considering wind energy. With conventional wind turbines often necessitating heavy lifting equipment and specific site modifications, their utility has been limited. Myriad's modular turbine system, which incorporates multiple small rotors within an easily installable framework, allows for more economical and efficient wind power implementation across various sites, including rural sectors and off-grid infrastructures.

Industry Overview in Scotland

The clean-tech sector in Scotland has witnessed remarkable growth in recent years, driven by increasing demands for sustainable energy solutions. As the urgency to combat climate change intensifies, many businesses a