Innovacorp has previously invested $550,000 in Seaforth and runs the Early Stage Commercialization Fund (ESCF), Dalhousie University's corporate residency Masters in Business Administration programme.

Canada-based Seaforth Energy, a wind turbine developer and manufacturer, has raised C$2m in equity from Innovacorp, an investment group specialising in early-stage commercialisation of academic research. Mike Morris, executive president of Seaforth, said: "This investment will allow us to accelerate our pursuit of export market opportunities in countries such as the UK, Italy and Greece,…

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