Nova Pangaea scores further NPIF investment

In the UK, Nova Pangaea Technologies, the UK company which sustainably converts biomass into valuable feedstocks for biofuels, biochemicals and biopolymers, has raised a further £900,000 from investors following successful trials of its technology.

The latest funding has come from NPIF – Mercia Equity Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund, the UK Government’s Future Fund and existing private investors, and will support the company in the run-up to a planned Series A investment later in the year.