8 years ago

Frontrow Energy Technology Group Secures £13 Million in Funding

  • Frontrow Energy Technology Group, a Scottish developer of energy service companies, raised £13 million in equity funding

  • Business Growth Fund committed £10 million for a minority stake in the company alongside a £3 million investment coming from Frontrow’s founders

  • The company intends to use the funds to expand its resources and infrastructure, and to develop young technology companies in the region’s energy industry.

      • ProblemEnergy

      "The energy industry needs more efficient and cost-effective solutions to extract oil and gas."

      Solution

      "Frontrow Energy Technology Group develops and invests in companies that provide innovative technology and services to the energy industry, such as downhole data collection, wellhead servicing, and subsea technology."

      Covered on