Aveillant, a UK-based provider of technology to prevent wind turbines affecting airport radar, has raised £6.75m ($10m) from a consortium including Ireland-based utility ESB’s corporate venturing unit.
Alongside Greencoat Capital, which manages the €200m ($250m) ESB Novusmodus clean-tech fund, were venture capital firm DFJ Esprit and local advisers Cambridge Consultants.
Aveillant spun out from Cambridge Consultants, a subsidiary of high-tech engineering consultancy Altran, in 2011 with funding from DFJ and a loan from an aviation fund.
The Aviation Investment Fund…
