Ranworth Capital invests in GSS’ sensing technology
Ranworth Capital is pleased to announce that they have supported Gas Sensing Solutions’ latest funding round via an issue of equity.
GSS Ltd, established in 2006, has developed wireless, exceptionally low-powered (battery and/or energy harvesting) and fast response carbon dioxide sensors that have applications across a range of industry and global markets, eg control of building environment, diving, medical, safety and horticultural. GSS’ unique and patented technology is also applicable to other gases, such as methane and nitrous oxide.
Martin Reynard, Chairman of GSS commented:
”This is an important investment for GSS and we are delighted that Ranworth have decided to participate. We see Ranworth Capital as bringing much more to the company than finance at this critical stage where we are growing sales and manufacturing capacity.”