Origin Capital new investment: Cyclops Marine
Origin Capital has invested in Cyclops Marine, a specialist provider of load measurement instruments and technologies for sailing vessels. Cyclops has already secured several prestigious clients, not least the New Zealand America’s Cup team. Origin’s Mark Woodhams has joined the Cyclops board of directors.
Vincent Geake, Cyclops’ CEO commented: “We are delighted to welcome Origin’s Capital’s partners and co-investors as shareholders. We found Origin efficient, straightforward and flexible to deal with and the funds they have provided will enable us to continue our exciting development programme as well as to meet the working capital requirements of imminent hardware orders. We are looking forward to an extremely exciting growth phase for the company.”
Mark Woodhams, Origin’s partner leading the transaction said: “We are delighted to have concluded our investment in Cyclops. We believe the company has a leading position in an attractive and highly-specialist marketplace, and that its technology and contact network are both extremely strong. We look forward working closely with the team to help them realise their ambitions.”