Investors
We have raised over £5 million since 2019 through grants, crowdfunding, and venture capital. Key investors include CrowdCube (more than 2.5k individual investors), SQM Lithium Ventures, Clean Engineering and University of Birmingham Enterprise.
Advance Subscription Agreement (ASA) is now open
We are excited to announce that our second Advance Subscription Agreement (ASA) is now open. To participate via Crowdcube please click here
The offer is open for three weeks and will close on 23rd September . We have already received strong interest from our direct investors.
This ASA offers a 20% discount on the final share price of this year’s main investment round, which is targeting a total raise of between £3.5 and £5 million from institutional investors and is expected to close in November.
The ASA is expected to qualify for the Enterprise Investment Scheme (EIS), subject to the approval of HMRC. To comply with EIS rules, the ASA has a maturity date of 17th February 2026. If we reach this maturity date without having confirmed the main round price, the ASA will convert at £12.00 per share.
To participate in the ASA please, click here
For any other investment related enquiries please contact:
[email protected]