Nanoco invests in Runcorn as tech group is now fully funded

North West tech company, Nanoco Group has released a trading update this morning, saying it was a “fully funded” business.

The Runcorn firm, which is a world leader in the development and manufacture of cadmium-free quantum dots and nanomaterials, said that it was working on a new material with a “major customer”.

“Nanoco is now a fully funded new technology business that has already gained commercial traction for two of our products. We have strong and validated IP covering a range of applications and the financial wherewithal not just to defend that IP, but also to continue funding our leading edge R&D to create additional valuable IP,” said Brian Tenner, Nanoco’s CEO.

Nanoco Group PLC (LON:NANO) leads the world in the research, development and large-scale manufacture of heavy metal-free nanomaterials for use in displays, lighting, vertical farming, solar energy and bio-imaging.

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Nanoco Group Plc

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