Latest news

CEF completed investment in TransGlobal Payment Solutions Limited

The Coalfields Enterprise Fund has provided investment to the company as part of a £1 million funding round to provide development and working capital

CEF completes further investment in CoreRFID Limited

The Coalfields Enterprise Fund, established to support SMEs in the former English coalfield regions, has completed a further investment in CoreRFID Limited

CEF provides further funding to Caspian Learning Limited

The Coalfields Enterprise Fund has completed a further investment in North East-based Caspian Learning Limited as part of a £1.5 million funding round

Press Releases

The Coalfields Enterprise Fund, the venture capital fund managed by Enterprise Ventures on behalf of the Office of the Deputy Prime Minister, has completed an investment in Durham Pipeline Technology Limited.

21/03/2006

Durham Pipeline Technology Limited was formed to commercialise bristle-tractor technology developed over the last twelve years. Three years ago, DPT diversifed into broader pipeline technology research and development. The Gateshead-based company now supplies innovative technical solutions for pipeline inspection, maintenence and cleaning based on the patented bristle tractor technology.

The Coalfield Enterprise Fund, alongside the North East Co-Investment Fund, the company's management and Business Angels have provided the funding, which will allow the company to continue its ambitions research and development programme at the cutting edge of pipeline technology and launch its pipeline tractor to the oil, water and chemical processing industries.

Paul Taberner, Investment Director for the CEF, said, "DPT's product offering is the result of years of hard work. We are very pleased to be helping the management team take this technology to a wider range of customers and thereby accelerate the company's growth".