Par Equity

Par Equity LLP is a venture capital firm based in Edinburgh, United Kingdom, specializing in early-stage and growth investments, particularly in the technology sector. Founded in 2008, the firm targets small and medium-sized enterprises (SMEs) with high growth potential, including those in digital health technology. Par Equity primarily invests between £0.25 million and £2.5 million in companies with enterprise values up to £10 million, focusing on opportunities that involve proprietary technology and proven commercial products poised for transatlantic expansion. The firm aims to support Scottish companies looking to enter the United States market while also attracting U.S. businesses to Scotland. Par Equity operates an additional office in San Francisco, California, enhancing its capability to facilitate cross-continental investment opportunities.

Paul Atkinson

Partner

Claire Cramm

Investment Manager

Tom Croy

Investment Director

Aidan MacMillan

Investment Manager

Alastair Moore

Senior Investment Manager

Andrew Noble

Partner

Past deals in 3D Technology

Speech Graphics

Series A in 2022
Speech Graphics Ltd specializes in procedural facial animation solutions for the entertainment industry, providing a unique software called SGX that transforms audio files and transcripts into high-quality facial animations without the need for motion capture. Founded in 2010 and based in Edinburgh, Scotland, the company emerged from the University of Edinburgh’s School of Informatics and has over 20 years of research and development in speech technology and facial dynamics. Speech Graphics has collaborated with notable clients, including Warner Brothers and Def Jam Recordings, and its technology is utilized in various productions, such as AAA video games and music videos, as well as in communication and training applications. The company has received multiple accolades for its innovative contributions, including the John Logie Baird Award and various industry-specific honors, alongside development grants from organizations like Scottish Enterprise.

Partful

Seed Round in 2022
SamsonVT solves aftersales and lifecycle management problems using immersive technology and data science.SamsonVT enables manufacturers of all sizes to have access to accurate and timely and empowers engineers on the ground, by replacing technical manuals and parts catalogs with easy-to-follow 3D models on a digital platform.

TriVirum

Seed Round in 2020
TriVirum is a medical device company that uses edge semiconductor and signal processing technology to build new, innovative medical devices. Its mission is to develop cost-effective, medical quality sensors that provide clinicians with actionable information to improve the health outcomes of patients around the world while lowering costs to health plans.

iGii

Seed Round in 2020
Integrated Graphene Ltd specializes in the design and development of technology for producing 3D graphene foam. The company has created an innovative manufacturing process that allows for the rapid production of high-performing, pure graphene foam directly on various surfaces at room temperature. In addition to graphene foam, Integrated Graphene offers a range of products including biosensors, adaptors, and energy storage solutions, utilizing its Gii-sensor for real-time monitoring applications. Founded in 2016 and located in Stirling, United Kingdom, Integrated Graphene markets its products online, focusing on advancing the capabilities of graphene technology across multiple sectors.

Speech Graphics

Debt Financing in 2020
Speech Graphics Ltd specializes in procedural facial animation solutions for the entertainment industry, providing a unique software called SGX that transforms audio files and transcripts into high-quality facial animations without the need for motion capture. Founded in 2010 and based in Edinburgh, Scotland, the company emerged from the University of Edinburgh’s School of Informatics and has over 20 years of research and development in speech technology and facial dynamics. Speech Graphics has collaborated with notable clients, including Warner Brothers and Def Jam Recordings, and its technology is utilized in various productions, such as AAA video games and music videos, as well as in communication and training applications. The company has received multiple accolades for its innovative contributions, including the John Logie Baird Award and various industry-specific honors, alongside development grants from organizations like Scottish Enterprise.

Optoscribe

Debt Financing in 2020
Optoscribe Limited is a company based in Livingston, United Kingdom, specializing in the development and manufacturing of 3D light waveguides for the optical telecommunications sector. Founded in 2010, Optoscribe provides innovative solutions, including ultra-low crosstalk multicore fiber fanout products that facilitate connections between single-mode and multi-core fibers. Its unique 3D glass-based photonic integrated circuit platform is tailored for custom transceiver fiber coupling, addressing the challenges posed by various optical transceiver architectures. This platform enhances the compactness and robustness of optical interconnects, significantly improving data transfer capabilities across networks while minimizing costs. Optoscribe's products support advanced fiber technologies, including Single Mode, Multimode, and Multicore Fibers, and are designed for seamless integration into diverse communications applications. The company's manufacturing processes allow for scalability and are engineered to meet the rigorous demands of the telecommunications market.

TriVirum

Venture Round in 2020
TriVirum is a medical device company that uses edge semiconductor and signal processing technology to build new, innovative medical devices. Its mission is to develop cost-effective, medical quality sensors that provide clinicians with actionable information to improve the health outcomes of patients around the world while lowering costs to health plans.

TriVirum

Venture Round in 2020
TriVirum is a medical device company that uses edge semiconductor and signal processing technology to build new, innovative medical devices. Its mission is to develop cost-effective, medical quality sensors that provide clinicians with actionable information to improve the health outcomes of patients around the world while lowering costs to health plans.

Speech Graphics

Venture Round in 2020
Speech Graphics Ltd specializes in procedural facial animation solutions for the entertainment industry, providing a unique software called SGX that transforms audio files and transcripts into high-quality facial animations without the need for motion capture. Founded in 2010 and based in Edinburgh, Scotland, the company emerged from the University of Edinburgh’s School of Informatics and has over 20 years of research and development in speech technology and facial dynamics. Speech Graphics has collaborated with notable clients, including Warner Brothers and Def Jam Recordings, and its technology is utilized in various productions, such as AAA video games and music videos, as well as in communication and training applications. The company has received multiple accolades for its innovative contributions, including the John Logie Baird Award and various industry-specific honors, alongside development grants from organizations like Scottish Enterprise.

Optoscribe

Venture Round in 2020
Optoscribe Limited is a company based in Livingston, United Kingdom, specializing in the development and manufacturing of 3D light waveguides for the optical telecommunications sector. Founded in 2010, Optoscribe provides innovative solutions, including ultra-low crosstalk multicore fiber fanout products that facilitate connections between single-mode and multi-core fibers. Its unique 3D glass-based photonic integrated circuit platform is tailored for custom transceiver fiber coupling, addressing the challenges posed by various optical transceiver architectures. This platform enhances the compactness and robustness of optical interconnects, significantly improving data transfer capabilities across networks while minimizing costs. Optoscribe's products support advanced fiber technologies, including Single Mode, Multimode, and Multicore Fibers, and are designed for seamless integration into diverse communications applications. The company's manufacturing processes allow for scalability and are engineered to meet the rigorous demands of the telecommunications market.

Adaptix

Venture Round in 2019
Adaptix Limited designs and manufactures 3D radiology imaging equipment for X-ray imaging applications. It offers a technology for producing a miniaturized flat panel X-ray source that can be integrated into a manufacturers existing product line. The company’s solutions are used in bedside chest imaging, extremity imaging, dental imaging, and breast imaging. Adaptix Limited was formerly known as Radius Diagnostics Ltd and changed its name to Adaptix Limited in February 2015. The company was founded in 2009 and is based in Oxford, United Kingdom.

Speech Graphics

Venture Round in 2019
Speech Graphics Ltd specializes in procedural facial animation solutions for the entertainment industry, providing a unique software called SGX that transforms audio files and transcripts into high-quality facial animations without the need for motion capture. Founded in 2010 and based in Edinburgh, Scotland, the company emerged from the University of Edinburgh’s School of Informatics and has over 20 years of research and development in speech technology and facial dynamics. Speech Graphics has collaborated with notable clients, including Warner Brothers and Def Jam Recordings, and its technology is utilized in various productions, such as AAA video games and music videos, as well as in communication and training applications. The company has received multiple accolades for its innovative contributions, including the John Logie Baird Award and various industry-specific honors, alongside development grants from organizations like Scottish Enterprise.

Pufferfish

Venture Round in 2019
Pufferfish are world leaders in digital display technology, designing unique visualisation and engagement solutions for a global customer base, including, among others, AT&T, Audi, Babcock, The BBC, Honeywell, Kodak, IBM, Shell and UNEP. The story began with wowing audiences in the events industry. Since then, not only has the incredible PufferTouch technology grown in scope but the product family has expanded to include the world’s first commercial interactive sphere, hemispherical displays, and a powerful proprietary software platform. Pufferfish have an unrivalled reputation for premium solution provision including application and content development services. Their customers sit across many diverse industries and span the globe, with solutions already having been sold into 40 countries.

Adaptix

Venture Round in 2019
Adaptix Limited designs and manufactures 3D radiology imaging equipment for X-ray imaging applications. It offers a technology for producing a miniaturized flat panel X-ray source that can be integrated into a manufacturers existing product line. The company’s solutions are used in bedside chest imaging, extremity imaging, dental imaging, and breast imaging. Adaptix Limited was formerly known as Radius Diagnostics Ltd and changed its name to Adaptix Limited in February 2015. The company was founded in 2009 and is based in Oxford, United Kingdom.

Speech Graphics

Venture Round in 2018
Speech Graphics Ltd specializes in procedural facial animation solutions for the entertainment industry, providing a unique software called SGX that transforms audio files and transcripts into high-quality facial animations without the need for motion capture. Founded in 2010 and based in Edinburgh, Scotland, the company emerged from the University of Edinburgh’s School of Informatics and has over 20 years of research and development in speech technology and facial dynamics. Speech Graphics has collaborated with notable clients, including Warner Brothers and Def Jam Recordings, and its technology is utilized in various productions, such as AAA video games and music videos, as well as in communication and training applications. The company has received multiple accolades for its innovative contributions, including the John Logie Baird Award and various industry-specific honors, alongside development grants from organizations like Scottish Enterprise.

Pufferfish

Funding Round in 2018
Pufferfish are world leaders in digital display technology, designing unique visualisation and engagement solutions for a global customer base, including, among others, AT&T, Audi, Babcock, The BBC, Honeywell, Kodak, IBM, Shell and UNEP. The story began with wowing audiences in the events industry. Since then, not only has the incredible PufferTouch technology grown in scope but the product family has expanded to include the world’s first commercial interactive sphere, hemispherical displays, and a powerful proprietary software platform. Pufferfish have an unrivalled reputation for premium solution provision including application and content development services. Their customers sit across many diverse industries and span the globe, with solutions already having been sold into 40 countries.

Optoscribe

Series C in 2018
Optoscribe Limited is a company based in Livingston, United Kingdom, specializing in the development and manufacturing of 3D light waveguides for the optical telecommunications sector. Founded in 2010, Optoscribe provides innovative solutions, including ultra-low crosstalk multicore fiber fanout products that facilitate connections between single-mode and multi-core fibers. Its unique 3D glass-based photonic integrated circuit platform is tailored for custom transceiver fiber coupling, addressing the challenges posed by various optical transceiver architectures. This platform enhances the compactness and robustness of optical interconnects, significantly improving data transfer capabilities across networks while minimizing costs. Optoscribe's products support advanced fiber technologies, including Single Mode, Multimode, and Multicore Fibers, and are designed for seamless integration into diverse communications applications. The company's manufacturing processes allow for scalability and are engineered to meet the rigorous demands of the telecommunications market.

Pufferfish

Venture Round in 2018
Pufferfish are world leaders in digital display technology, designing unique visualisation and engagement solutions for a global customer base, including, among others, AT&T, Audi, Babcock, The BBC, Honeywell, Kodak, IBM, Shell and UNEP. The story began with wowing audiences in the events industry. Since then, not only has the incredible PufferTouch technology grown in scope but the product family has expanded to include the world’s first commercial interactive sphere, hemispherical displays, and a powerful proprietary software platform. Pufferfish have an unrivalled reputation for premium solution provision including application and content development services. Their customers sit across many diverse industries and span the globe, with solutions already having been sold into 40 countries.

Speech Graphics

Venture Round in 2018
Speech Graphics Ltd specializes in procedural facial animation solutions for the entertainment industry, providing a unique software called SGX that transforms audio files and transcripts into high-quality facial animations without the need for motion capture. Founded in 2010 and based in Edinburgh, Scotland, the company emerged from the University of Edinburgh’s School of Informatics and has over 20 years of research and development in speech technology and facial dynamics. Speech Graphics has collaborated with notable clients, including Warner Brothers and Def Jam Recordings, and its technology is utilized in various productions, such as AAA video games and music videos, as well as in communication and training applications. The company has received multiple accolades for its innovative contributions, including the John Logie Baird Award and various industry-specific honors, alongside development grants from organizations like Scottish Enterprise.

Adaptix

Venture Round in 2017
Adaptix Limited designs and manufactures 3D radiology imaging equipment for X-ray imaging applications. It offers a technology for producing a miniaturized flat panel X-ray source that can be integrated into a manufacturers existing product line. The company’s solutions are used in bedside chest imaging, extremity imaging, dental imaging, and breast imaging. Adaptix Limited was formerly known as Radius Diagnostics Ltd and changed its name to Adaptix Limited in February 2015. The company was founded in 2009 and is based in Oxford, United Kingdom.

Optoscribe

Series B in 2017
Optoscribe Limited is a company based in Livingston, United Kingdom, specializing in the development and manufacturing of 3D light waveguides for the optical telecommunications sector. Founded in 2010, Optoscribe provides innovative solutions, including ultra-low crosstalk multicore fiber fanout products that facilitate connections between single-mode and multi-core fibers. Its unique 3D glass-based photonic integrated circuit platform is tailored for custom transceiver fiber coupling, addressing the challenges posed by various optical transceiver architectures. This platform enhances the compactness and robustness of optical interconnects, significantly improving data transfer capabilities across networks while minimizing costs. Optoscribe's products support advanced fiber technologies, including Single Mode, Multimode, and Multicore Fibers, and are designed for seamless integration into diverse communications applications. The company's manufacturing processes allow for scalability and are engineered to meet the rigorous demands of the telecommunications market.

Pufferfish

Venture Round in 2016
Pufferfish are world leaders in digital display technology, designing unique visualisation and engagement solutions for a global customer base, including, among others, AT&T, Audi, Babcock, The BBC, Honeywell, Kodak, IBM, Shell and UNEP. The story began with wowing audiences in the events industry. Since then, not only has the incredible PufferTouch technology grown in scope but the product family has expanded to include the world’s first commercial interactive sphere, hemispherical displays, and a powerful proprietary software platform. Pufferfish have an unrivalled reputation for premium solution provision including application and content development services. Their customers sit across many diverse industries and span the globe, with solutions already having been sold into 40 countries.

Pufferfish

Venture Round in 2016
Pufferfish are world leaders in digital display technology, designing unique visualisation and engagement solutions for a global customer base, including, among others, AT&T, Audi, Babcock, The BBC, Honeywell, Kodak, IBM, Shell and UNEP. The story began with wowing audiences in the events industry. Since then, not only has the incredible PufferTouch technology grown in scope but the product family has expanded to include the world’s first commercial interactive sphere, hemispherical displays, and a powerful proprietary software platform. Pufferfish have an unrivalled reputation for premium solution provision including application and content development services. Their customers sit across many diverse industries and span the globe, with solutions already having been sold into 40 countries.

Wearality

Venture Round in 2016
Wearality Corporation designs and manufactures advanced virtual and augmented reality 3D glasses, focusing on delivering lightweight headsets with a wide field of view and minimal latency. Established in 2012 and headquartered in Los Altos, California, the company has developed patented technologies previously used in defense and aerospace at Lockheed Martin. This experience allows Wearality to create innovative consumer and commercial head displays that are among the lightest and most cost-effective options in the market, providing an immersive experience for various applications, including movies, games, and immersive experiences. The Wearality Sky is positioned as the company's flagship product, expected to significantly impact the virtual reality industry.

Optoscribe

Series A in 2016
Optoscribe Limited is a company based in Livingston, United Kingdom, specializing in the development and manufacturing of 3D light waveguides for the optical telecommunications sector. Founded in 2010, Optoscribe provides innovative solutions, including ultra-low crosstalk multicore fiber fanout products that facilitate connections between single-mode and multi-core fibers. Its unique 3D glass-based photonic integrated circuit platform is tailored for custom transceiver fiber coupling, addressing the challenges posed by various optical transceiver architectures. This platform enhances the compactness and robustness of optical interconnects, significantly improving data transfer capabilities across networks while minimizing costs. Optoscribe's products support advanced fiber technologies, including Single Mode, Multimode, and Multicore Fibers, and are designed for seamless integration into diverse communications applications. The company's manufacturing processes allow for scalability and are engineered to meet the rigorous demands of the telecommunications market.

Wearality

Venture Round in 2015
Wearality Corporation designs and manufactures advanced virtual and augmented reality 3D glasses, focusing on delivering lightweight headsets with a wide field of view and minimal latency. Established in 2012 and headquartered in Los Altos, California, the company has developed patented technologies previously used in defense and aerospace at Lockheed Martin. This experience allows Wearality to create innovative consumer and commercial head displays that are among the lightest and most cost-effective options in the market, providing an immersive experience for various applications, including movies, games, and immersive experiences. The Wearality Sky is positioned as the company's flagship product, expected to significantly impact the virtual reality industry.

Wearality

Venture Round in 2015
Wearality Corporation designs and manufactures advanced virtual and augmented reality 3D glasses, focusing on delivering lightweight headsets with a wide field of view and minimal latency. Established in 2012 and headquartered in Los Altos, California, the company has developed patented technologies previously used in defense and aerospace at Lockheed Martin. This experience allows Wearality to create innovative consumer and commercial head displays that are among the lightest and most cost-effective options in the market, providing an immersive experience for various applications, including movies, games, and immersive experiences. The Wearality Sky is positioned as the company's flagship product, expected to significantly impact the virtual reality industry.

Pufferfish

Venture Round in 2015
Pufferfish are world leaders in digital display technology, designing unique visualisation and engagement solutions for a global customer base, including, among others, AT&T, Audi, Babcock, The BBC, Honeywell, Kodak, IBM, Shell and UNEP. The story began with wowing audiences in the events industry. Since then, not only has the incredible PufferTouch technology grown in scope but the product family has expanded to include the world’s first commercial interactive sphere, hemispherical displays, and a powerful proprietary software platform. Pufferfish have an unrivalled reputation for premium solution provision including application and content development services. Their customers sit across many diverse industries and span the globe, with solutions already having been sold into 40 countries.

Pufferfish

Venture Round in 2015
Pufferfish are world leaders in digital display technology, designing unique visualisation and engagement solutions for a global customer base, including, among others, AT&T, Audi, Babcock, The BBC, Honeywell, Kodak, IBM, Shell and UNEP. The story began with wowing audiences in the events industry. Since then, not only has the incredible PufferTouch technology grown in scope but the product family has expanded to include the world’s first commercial interactive sphere, hemispherical displays, and a powerful proprietary software platform. Pufferfish have an unrivalled reputation for premium solution provision including application and content development services. Their customers sit across many diverse industries and span the globe, with solutions already having been sold into 40 countries.
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