When was Equity Gap founded?

Equity Gap was founded in 2010.

Where is Equity Gap's headquarters located?

Equity Gap's headquarters is located in Edinburgh (United Kingdom).

How many companies has Equity Gap invested in?

Equity Gap has invested in 39 companies, including Shot Scope & Sunamp.

Which companies has Equity Gap invested in lately?

Gutsy Health & Zoex Power are the latest investments by Equity Gap.

What sectors does Equity Gap focus on for investments?

Top sectors in Equity Gap's portfolio are Enterprise Applications (10 investments) and High Tech (8 investments).

How many exits has Equity Gap been involved in?

Equity Gap's portfolio has seen 3 acquisitions.

Equity Gap - 2026 Investor Profile, Portfolio & Investment Trends

Equity Gap, established in 2010, is an angel investment group based in Edinburgh, United Kingdom. It primarily focuses on Seed investments in companies in United Kingdom. Its portfolio includes 39 firms, spanning the Enterprise Applications, High Tech sectors. Its most notable investments include companies like Shot Scope, Sunamp and ULEMCo. As of Jun 2026, Equity Gap has witnessed 3 portfolio exits. Its latest investment was a $401K Seed round in Gutsy Health on Dec 22, 2025, which also saw participation from Apollo Investment and Scottish Enterprise.

To date, 28 investors have co-invested in Equity Gap's portfolio companies, including prominent names like Scottish Enterprise.

Key Metrics

Founded Year

2010

Location

Edinburgh, United Kingdom

Portfolio Companies

Shot Scope, Sunamp & 37 more

Sectors of Investment

Enterprise Applications, High Tech & 24 more

Stages of Investment

Seed, Series A & 1 more

Locations of Investment

United Kingdom & United States

View Equity Gap's full profile

Equity Gap has a portfolio of 39 companies. Their most notable investments are in ULEMCo and MIME.Their portfolio spans across United Kingdom and United States. They have invested in Enterprise Applications, High Tech, Life Sciences and 23 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Equity Gap:

1. Shot Scope

Shot Scope provides golf performance tracking technology. It provides a wearable wristband that tracks activity and performance. It automatically collecting statistical data as a golfer plays. Features: club used for each shot, the distance each shot travels, the total number of shots, number of shots on each hole, fairways, greens in regulation, number of putts, putts per hole, and down percentage.

Key facts about Shot Scope

Founded Year: 2014
Location: Edinburgh (United Kingdom)
Valuation: $*****
Stage: Series B
Total Funding till date: $23.3M
Employee Count: 32 as on Apr 30, 2025
Investors: Equity Gap, Virgin Money and 34 Others
Latest Funding Round: Series B, Jul 31, 2024, $*****
Highlight: Editors' Pick

2. Sunamp

Manufacturer of thermal energy storage solutions for homes and buildings. The company develops thermal batteries that store and discharge heat for hot water, heating, and cooling. These thermal storage solutions integrate with renewable energy sources and grid electricity. The products are designed to be energy-dense and space-saving compared to conventional systems.

Key facts about Sunamp

Founded Year: 2006
Location: Edinburgh (United Kingdom)
Annual Revenue: £1M - £10M as on Mar 31, 2023
Valuation: $*****
Stage: Series B
Total Funding till date: $30.4M
Employee Count: 65 as on Mar 31, 2026
Investors: Equity Gap, Gov and 49 Others
Latest Funding Round: Grant (prize money), Nov 28, 2022, $*****
Highlight: Editors' Pick

3. ULEMCo

Manufacturer of hydrogen fuel systems for heavy duty transport equipment. These systems include dual fuel engine conversions, fuel cell range extenders, and hydrogen combustion powertrains. The technology enables the use of hydrogen fuel in existing diesel engines and electric vehicles. Additionally, the business provides mobile hydrogen refuelling units and auxiliary tank packs to support off-grid operations and vehicle trials. These products facilitate the transition to zero emission energy for trucks, construction machinery, and maritime vessels.

Key facts about ULEMCo

Founded Year: 2014
Location: Liverpool (United Kingdom)
Stage: Series A
Total Funding till date: $7.84M
Employee Count: 27 as on May 31, 2026
Investors: Equity Gap, Gov and 23 Others
Latest Funding Round: Conventional Debt, Nov 03, 2025, $*****
Highlight: Editors' Pick

4. Enterobiotix

Developer of microbiome-based therapeutics for multiple disease targets. The company is engaged in developing an integrated anaerobic system which comprises of a closed system collection and processing benchtop system that will allow therapies to be produced outside of cleanrooms and in anaerobic environments. It aims to offer microbiome therapy to patients suffering from Inflammatory Bowel Disease and other diseases related to the gut.

Key facts about Enterobiotix

Founded Year: 2017
Location: Edinburgh (United Kingdom)
Stage: Series B
Total Funding till date: $98M
Employee Count: 47 as on May 31, 2026
Investors: Equity Gap, Pioneer Group and 13 Others
Latest Funding Round: Series B, Apr 29, 2026, $*****
Highlight: Editors' Pick

5. Trojan Energy

Key facts about Trojan Energy

Founded Year: 2016
Location: Aberdeen (United Kingdom)
Valuation: $*****
Stage: Series B
Total Funding till date: $40.8M
Employee Count: 31 as on May 31, 2026
Investors: BGF, Equity Gap and 10 Others
Latest Funding Round: Series B, Dec 20, 2023, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

Equity Gap has invested in 39 companies over the last 13 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 4 investments. Its most recent first time investment was in Gutsy Health and most recent follow-on round was in MiAlgae.

Here are Equity Gap's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	0	0
2025	4	0	4
2024	3	8	11
2023	2	2	4
2022	1	5	6
2021	5	2	7
2020	3	2	5
2019	3	3	6
2018	4	1	5
2017	3	2	5

View all investments by Equity Gap

Equity Gap has made 33 investments in Seed stage with an average round size of $971K, 4 investments in Series A stage with an average round size of $2.45M and 1 investment in Angel stage.

Here are Equity Gap's investments by stage:

Stage of entry	No. of Investments
Seed	33
Series A	4
Angel	1

Note: We have considered here, only first round of investments

View all investments by Equity Gap

Equity Gap has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Sustainability Tech, Energy Tech and Environment Tech. Notably, it has invested in 27 Tech companies, 23 Enterprise (B2B) companies, 10 Software companies and at least 8 companies focusing on Consumer (B2C).

Here are Equity Gap's investments by sector:

Sector	No. of Investments
Enterprise Applications	9
High Tech	8
Sustainability Tech	7
Energy Tech	6
Environment Tech	6
Others	46

Note: We have considered here, only first round of investments

View all investments by Equity Gap

Equity Gap has made most investments in United Kingdom (36), followed by Scotland where it has made 1 investment.

Here are Equity Gap's investments by geography:

Country	No. of Investments
United Kingdom	36
Scotland	1
United States	1

Note: We have considered here, only first round of investments

View all investments by Equity Gap

Equity Gap has not made any investment in 2026 so far.

Here are the most recent investments by Equity Gap:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Dec 22, 2025	Gutsy Health	United States	Seed	5162	Apollo Investment [+1]
May 27, 2025	Zoex Power	United Kingdom	Seed	7408	Scottish Enterprise [+2]
Mar 31, 2025	Mask Logic	United Kingdom	Seed	5990	Scottish Enterprise [+2]
Mar 05, 2025	Lentitek	United Kingdom	Seed	7595	-
Dec 18, 2024	The Bettii Pod	-	Seed	2257	Scottish Enterprise [+1]

See more recent investments made by Equity Gap

3 companies from Equity Gap's portfolio have been acquired. The most recent acquisition was QikServe in Sep 2024 by The Access Group for $*****.

Here are Equity Gap's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
QikServe	Sep 25, 2024	Mar 28, 2014	Seed	1804
Sharktower	Feb 20, 2022	May 07, 2021	Seed	4787
Spoonfed	Dec 13, 2021	Feb 23, 2015	Seed	5135

View all acquired companies in Equity Gap's portfolio

Over the past 13 years, 159 investors have co-invested in Equity Gap's portfolio companies. This includes funds and angels.

Invested before Equity Gap: Scottish EDGE, Scottish Enterprise and 68 others have invested in rounds before Equity Gap. There are 3 companies where Scottish EDGE has invested before Equity Gap and 2 companies where Scottish Enterprise has invested before Equity Gap.
Top Co-investors of Equity Gap: 28 investors entered a company along with Equity Gap. These include investors like Scottish Enterprise (30 companies).
Invested after Equity Gap: A total of 61 investors have invested in Equity Gap's portfolio after their investments. Top Investors include Europa (4 companies) and The Scottish National Investment Bank (4 companies).