Waveblade limited, the Scotland based company which makes submersible power tools, has raised £610,000 in a second round of funding as it continues its global expansion and diversification into new sectors. The company, which has been advised in both funding rounds by law firm Harper Macleod, has now raised more than £1.1m investment from Glasgow based business syndicate Kelvin Capital and the Scottish Investment Bank. Steve Smith, CEO of Waveblade said: "In the past year we have seen remarkable interest and there is incredible global potential for our unique products in a whole range of commercial sectors.
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