Battery firm positive at £200k boost

0
Have your say

A TECHNOLOGY company based in the Capital which develops silicon chips and battery management systems is to expand after a £200,000 investment.

Dukosi, which is based at the Edinburgh Technopole park, just off the A702, was handed the funding from the Par Equity Angel Syndicate and the Scottish Enterprise Co-investment Fund.

Stephen Churcher, chief executive of Dukosi, said: “We spotted an opportunity to develop a very exciting piece of technology that is multifunctional and potentially ground-breaking. The technology results in batteries being safer and more efficient.

“The funding Dukosi has secured allows us to take the technology to the next stage of development.”