TWO entrepreneurs who got tired of waiting to buy drinks at major events have won £300,000 funding to help develop an automated dispenser they reckon will serve perfect pints up to three times faster than traditional bars, writes Mark Williamson.

Sam Pettipher and Nick Beeson think their EBar dispenser should allow someone to complete a transaction for two drinks in just 20 seconds.

The funding injection is expected to help the men to get the EBar to the production stage.

“We have already demonstrated that our technology works,” said Mr Besson, adding: “We look forward to launching it with our partner venue operators later this year.”

Messrs Pettipher and Beeson met while studying on Robert Gordon University’s MBA programme. They had successful careers in the renewables and oilfield services industries respectively.

The funding round was led by London-based investment firms Jenson Funding Partners and Thompson Taraz and supported by Scottish angel investor groups Gabriel and Equity Gap. Aberdeen-based EBar Initiatives also won funding under the Government-backed Scottish Edge programme.

Jenson’s Stuart Gilmore said the EBar technology has tremendous potential.