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The Venture Codex

Oil & Gas Technology Centre

20 Queens Road, Aberdeen, Scotland, AB15 4ZT, United Kingdom

Overview

Our goal is to help maximise economic recovery from the UK continental shelf, anchor the supply chain in the North-East of Scotland.

Total investments
1
Lead investments
0
Investments · 12mo
1
Active investors
1

Sector focus

  • Energy
  • Oil and Gas
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Investment portfolio

  • HexSeed

    Participated · Equity · Aug 2026

    HexSeed Technology develops a low-temperature microwave plasma process to grow diamond coatings directly onto finished gallium nitride (GaN) devices to pull heat away from active regions. The startup says this approach could allow GaN devices to run harder, last longer and use less energy, addressing thermal limits in power conversion for data centres. HexSeed works closely with University of Bristol researchers, including Professors Paul May and Martin Kuball, and was founded in late 2025 by Mark Tandy, Dr Leonardo Santoni and Dr Michael Glerum. The company plans to demonstrate its coating process on commercial GaN power devices and progress toward pilot customer engagements, initially targeting data centre power conversion hardware. It has raised over €700k in early-stage funding and provisionally unlocked a Partnership Grant from Innovate UK to support development.

Team