By Scott Wright
A STIRLING-based company that manufactures “green” construction blocks has revealed plans to move into the defence industry after receiving a six-figure investment.
Quickblock underlined its potential to become a “Nato-wide supplier of troop protection” with a ballistic and blast-resistant version of its construction blocks, after raising £310,000 of investment.
The backing has come from Edinburgh angel syndicate Equity Gap, Scottish Enterprise under its co-investment fund, and the University of Strathclyde’s Inspire Entrepreneurs’ Fund.
The company makes the blocks from recycled plastic and ships them in flat-packs that click open. They offer what are described as durable equivalents of concrete construction blocks.
Chief executive Andrew Vincent said: “The additional funding allows us to grow the business from general civilian use into potentially a Nato-wide supplier of troop protection. We have established Quickblock as an alternative to traditional materials in the construction sector and in pop-up events and we will also be expanding that area of the business.”
Alex Lusty at Equity Gap said: “It’s great to see Quickblock developing their innovative, sustainable technology to provide defence and security solutions. Equity Gap investors have been pleased to continue supporting the company as it scales up, enters new markets and creates high quality jobs.”
Anne Henderson, investment manager at the University of Strathclyde, said: “We are proud to invest in a Strathclyde Alumni start-up through our Strathclyde Inspire Entrepreneurs Fund. Strathclyde has a strong tradition of investing in innovative companies and Quickblock’s sustainable construction blocks have the potential to support the transition to a greener economy. We look forward to following and supporting the company’s next chapter as it expands and grows.”
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules here