A 47-year-old Nottingham operator training simulator provider has secured a six-figure investment from the British Business Bank’s Midlands Engine Investment Fund II, delivered through Maven Capital Partners.
The funding will be used to expand TSC Simulation’s team, accelerate software development and launch new products.
The company is looking to focus on training tools aligned with the transition to renewable energy.
Founded in 1978, the family-owned business develops operator training simulators used worldwide by clients including BP, Shell, ExxonMobil and Petronas, as well as educational institutions.
Its platforms replicate real-world plant and control systems to support training, system validation and engineering studies across industries such as oil and gas, nuclear, utilities, food production and pharmaceuticals.
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CEO Andrew Bolton, who succeeded his father and founder Michael Bolton in 2022, said the backing will help TSC meet rising demand for simulation in areas such as hydrogen production.
“The funding from the British Business Bank and the Midlands Engine Investment Fund II will enable TSC to continue its growth journey and transition its simulation portfolio to support the sustainable and low carbon energy sector,” he said.
“Thanks to Maven for supporting us professionally and efficiently throughout the application process.”
Richard Altoft, investment director at Maven, added: “TSC is a well-established, family-owned business with a longstanding track record of delivery in highly specialised sectors.
“Andrew and the team are driving a thoughtful evolution of the company’s offering to align with the energy transition and changing client demands.
“The Midlands Engine Investment Fund II was created to support this kind of innovation and growth, and we’re pleased to be backing a business with such strong heritage and ambition.”