Scottish firm engineers international growth with help from UKSE.
A Cumbernauld based engineering firm is advancing its plans for international expansion, after unlocking a second round of funding from UK Steel Enterprise.
Clearwater Controls Ltd made waves back in 2012 with the creation of the ‘DERAGGER’ – an intelligent device which prevents blockages in wastewater pipes.
The pioneering firm was first backed by UK Steel Enterprise in September 2017, with this latest round of funding being rolled out to support Clearwater Controls Ltd’s pilot programmes in the US, Australia and the UK.
The ‘DERAGGER’ is the only intelligent product of its kind available in the market, providing real-time detection of wet-wipe type obstructions. By removing detrimental materials before they cause harm, it increases the efficiency of pumps, which in turn reduces energy consumption and significantly cuts operational costs.
With the backing from UKSE, Clearwater Controls Ltd is now set to deliver its biggest trial to date in the US, where the device will be piloted on a complete, self-contained network. The financial backing will also help to open up avenues in Australian markets, where it will again fund the implementation of pilot initiatives.
Scott Webb, regional executive at UK Steel Enterprise said: “Clearwater Controls Ltd is a fantastic example of Scottish innovation being showcased to international markets, with the help of equity backing.”
Simon Crompton, Managing Director at Clearwater Controls Ltd said: “UKSE has been an integral part of our journey, and we are grateful for the team’s support.
“We have great aspirations for the next few years, and the latest funding allows us to take yet another step towards our goals.”