Advanced materials engineering specialist Versarien reported progress with its strategic goals on Monday, having cut its costs as announced on 4 July with its narrowed EBITDA loss.
Clean Growth Fund and Barclays, via their Sustainable Impact Capital programme, have invested in MOF Technologies (MOF Tech) as part of their Series A.
MOF Technologies has received a £4.4m funding boost from the Clean Growth Fund and Barclays’ Sustainable Impact Capital programme which will enable it to scale.