Origin Capital: More wind in Cyclops’ sails
Origin Capital is pleased to announce that its portfolio company Cyclops Marine has raised a follow-on funding round from private investors. Cyclops produces sophisticated wireless load measurement sensors that are used on sailing vessels.
Mark Woodhams, Origin’s partner coordinating the investment commented: “We are delighted that Cyclops has been able to attract this important new funding, which will allow the company to further extend its product range and expand its global distribution network”.
Origin originally invested in Cyclops in early 2019. The company counts the UK’s America’s Cup team, INEOS Team UK, amongst its high-profile customers.