£275K investment for measurement technology

The latest funding into Capaltec, which is creating a new family of laser measurement devices, brings the total investment into the company to £275,000 in just ten months.

£200K of this has been directly invested through Halo, the Northern Ireland business angel network.

The company is now set to launch ‘HeightLight’, the world’s first handheld laser height measuring device, this summer.

Capaltec’s CEO, Tristan Brittain-Dissont, explained: “If you want to measure the height of a person – or indeed, a horse, wardrobe, door or any number of everyday things - how would you do that? Astonishingly, although it is 2016 and we are surrounded by sophisticated hand-held measurement devices, the only readily available tools for measuring the height of everyday things are sticks and tapes – ‘technologies’ that were invented thousands of years ago. That’s why we invented HeightLight.

Alan Watts, Director of Halo, based at the Northern Ireland Science Park, said: “Capaltec is a perfect example of a company which has taken an everyday object like a tape measure and taken it into the 21st Century. It’s a simple idea but our angels were impressed with the potential of the product; you only have to look at industries such as veterinary medicine, farming, consumer health, “