---
title: Deleware company Pathion Inc. obtains HMRC EIS approval
description: Pathion Inc. - a California based company obtains EIS advance assurance.
image: https://www.sapphirebusinessadvisers.co.uk/hubfs/Imported_Blog_Media/Patheon-2.jpg
---

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 Boyd Carson

###### 14TH October 2026

![\<span id="hs\_cos\_wrapper\_name" class="hs\_cos\_wrapper hs\_cos\_wrapper\_meta\_field hs\_cos\_wrapper\_type\_text" style="" data-hs-cos-general-type="meta\_field" data-hs-cos-type="text" \>Deleware company Pathion Inc. obtains HMRC EIS approval\</span\>](https://www.sapphirebusinessadvisers.co.uk/hs-fs/hubfs/Imported_Blog_Media/Patheon-2.jpg?width=671&height=460&name=Patheon-2.jpg)

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# Deleware company Pathion Inc. obtains HMRC EIS approval

 Boyd Carson

###### 14TH October 2026

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![Deleware based Pathion Inc. EIS advance assurance](https://www.sapphirebusinessadvisers.co.uk/hs-fs/hubfs/Imported_Blog_Media/Patheon-2.jpg?width=579&name=Patheon-2.jpg "Deleware based Pathion Inc. EIS advance assurance")  
 

> "We are very pleased with the work of Sapphire Capital Partners LLP.  I would be happy to recommend them to any US based company." Glen Haubl, Director, Pathion, Inc.

### Description:

Sapphire Capital provided Deleware based Pathion Inc. with EIS advice, drafted the investor Information Memorandum, provided taxation along with regulatory and corporate guidance. Pathion Inc. produces the world’s most reliable and capable energy storage system (ESS) for commercial and industrial applications which reduces the net cost of electricity. The Company also produces site controllers for micro-grids and solar panels. It is able to control virtually any set of batteries, inverters, renewables, generators, and grid power sources, the Company Site Controller has proven to be the preferred solution for MicroGrids worldwide. Its ability to manage heterogeneous sets of components enables it to integrate easily into most MicroGrid designs. The company also specialises in marine propulsion. The Company solution represents a significant efficiency improvement over carbon-based engines. The solution can be installed in vessels from 50’ to 500’ and supports applications as diverse as ferries, transports, and even mobile emergency power stations for disaster areas. The company also provides extreme power modules. The company lightweight and reusable emergency power module is based on a breakthrough magnesium-based fuel cell. It instantly provides 72 hours of power for soldier field packs, life boats and extreme conditions.

### Sector:

Energy storage systems.

### Classification:

EIS advance assurance from HMRC and Information Memorandum.

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A short, no-obligation conversation about whether launching a fund is the right route for you, and what it would take. We can cover structure, timescales, cost and regulatory requirements. Nothing to prepare in advance.

Boyd Carson co-founded Sapphire in 2009 and has since helped launch more than 50 UK venture funds. He is an Honorary Professor of Venture Capital, teaches on Harvard University's graduate venture capital course, and holds Sapphire's FCA compliance oversight role.

![Boyd Carson](https://www.sapphirebusinessadvisers.co.uk/hs-fs/hubfs/Images%20(Old%20Portal)/Boyd%20Carson.jpeg?width=593&height=697&name=Boyd%20Carson.jpeg)

 Boyd is a co-founder of Sapphire and a leading voice in the venture capital industry, recognised for his expertise in designing, launching, and managing LP/GP, property, BR and SEIS and EIS funds. Over the past three decades, Boyd has helped future investment managers turn their ideas into successful, FCA-compliant venture capital funds. His practical, educational approach has made Sapphire a trusted partner for future fund managers building new investment vehicles and for startups seeking growth capital. When he’s not advising on fund structures or making investments in investee companies, Boyd shares his knowledge as an Honorary Professor of Practice in Venture Capital and as a faculty member at Harvard University, teaching Venture Capital.

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