Edinburgh University spinout SeaWarm has secured £550,000 to roll out its renewable heating system across Scotland’s communities.
The investment comprises £250,000 from angel syndicate Equity Gap, £250,000 from Scottish Enterprise, and £50,000 from Old College Capital, the University of Edinburgh’s in-house venture investment fund.
SeaWarm’s modular, low-cost heat exchanger technology harnesses natural warmth from rivers, lochs, seawater, and minewater to deliver affordable, sustainable heating and cooling.
By replacing oil and gas systems, it can cut CO₂ emissions by up to 90%, while also saving households and businesses hundreds of pounds on energy bills.
The company is targeting high heat demand commercial sites such as marinas, hotels, leisure centres, ferry terminals, museums, community buildings, and horticulture facilities, with the long-term aim of expanding into domestic markets.
Demonstration sites already include Port Edgar Marina, LAR Housing Trust in South Queensferry, Growforth Ltd in Hillend, and the Museum of Lead Mining in Wanlockhead.
SeaWarm was co-founded by Professor Christopher McDermott, of the University of Edinburgh’s School of Geosciences, former University hydrogeologist Dr Gus Fraser-Harris, and CSM Plumbing and Heating’s Cameron Muir.
It has also been supported by Edinburgh Innovations, the University’s commercialisation service.
#Green #heating #developer #Seawarm #raises #funds #Daily #Business