Its engineering team works with client companies from across the world to develop air technologies and products which are then manufactured by Aubren in Portlaoise.
The investment round is also supported by Pat Beirne and Paul Lynch who are both investing in their personal capacities.Paul Lynch is an experienced senior executive and irector and as the company's CFO led the IPO of Applegreen. He currently serves as non-executive Director of Mincon Group.BGF said this marks its fifth equity investment this year, and the 11th since it began operations in Ireland in late 2017.
BGF in Ireland is supported by the Ireland Strategic Investment Fund as well as AIB, Bank of Ireland and Ulster Bank.
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