FundraiseSep 15, 2026, 20:48 UTC

Process Vision lands £250,000 as first backer of new South East fund

What's the deal? Process Vision, a Basingstoke-based energy technology company, has secured a £250,000 loan from the British Business Bank's South East Investment Fund. The debt was delivered by fund manager The FSE Group, making Process Vision the first business to draw on the newly launched fund.

What's the endgame? Founded in 2017, the company develops industrial monitoring technology for the energy sector, led by its LineVu system. The technology provides continuous live video and data from inside high-pressure gas pipelines, helping operators spot contamination and performance issues while cutting downtime and maintenance costs.

Why now? The funding will support the company's next phase of commercial growth and international expansion, targeting natural gas, LNG, hydrogen and carbon capture markets. Process Vision has already recorded first sales in the US, Australia, Europe and the Middle East, and completed a trial with National Grid.

"This South East Investment Fund backing comes at an important time for the business as we scale our commercial activity, expand into new markets and continue developing our products and services," said Paul Stockwell, chief executive of Process Vision.

The fund: The British Business Bank's South East Investment Fund offers loans from £25,000 to £2 million alongside equity investments of up to £5 million. It covers Buckinghamshire, Oxfordshire, Berkshire, Hampshire and the Isle of Wight, Sussex, Surrey and Kent, backing small and medium-sized businesses.

The signal: The deal marks the debut investment for a regional fund designed to help ambitious businesses across the South East access finance. "The business has already demonstrated significant technical progress, secured early commercial traction and built opportunities with customers around the world," said Cheryl Weeks, head of funds, South East at The FSE Group.