Latest News from Origin
Echion – Major new funding
Echion Technologies, an Origin portfolio company since 2018, has raised further development funding, led by US-based Volta Energy Technologies. The financing was also supported by existing investors, including Origin, and will fund further acceleration of Echion’s technical development and commercialisation activities.
Read more here.
Inductosense – investment from Aramco Ventures
Origin portfolio company Inductosense, experts and innovators in internal pipework corrosion monitoring, has raised money in a new investment round led by Aramco Ventures the corporate venturing arm of Aramco, the Middle-Eastern energy giant.
The funds will be used to support customer roll-out of Inductosense’s technology, including to Aramco itself, and to progress opportunities to integrate the company’s devices at point-of-manufacture, as well as to further develop its recurring revenue model.
Origin originally invested in Inductosense in 2019, following-on in 2021 and in the recent 2023 round.
Read more here.
Unum: Take off!
We have made a significant investment in Unum, a new supplier to the market for business class aircraft seats. The company has developed a range of novel designs, focused on increased comfort and pitch density, lower weight, and a high level of sustainability in materials and processes. Origin was the largest investor in a round that closed in February 2023. For more information, see here.
