MDR Lab reposted this
Delighted to announce our participation in HutanBios £3m #seed round alongside UK Innovation & Science Seed Fund Future Planet Capital and Clean Growth Fund! 🚢 HBx Biofuel was developed to address the £billion long-distance decarbonisation challenge and has been designed as a ‘Drop In’ low-carbon fuel solution to support existing supply chains. This funding demonstrates the growing interest in low-carbon fuel technologies to support the drive to NetZero in the complex and more challenging #Maritime and #Aviation sectors and further bolsters the growing confidence in HutanBio’s technology and its potential to help combat climate change. Congrats to Paul Beastall John Archer Noor Azlin Mokhtar Ninie Noor Diana from Hutan, Oliver Sexton, Jonathan Tudor and the other #angels who also invested in this round. ...and finally to Adam Bradley and Tina Kondouli who advised on the round! https://lnkd.in/ezJvrnjQ
A great company HutanBio and well done Paul Beastall in particular for closing this. Also that MDR Lab and Mishcon de Reya LLP have been able to participate in it.
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Congrats Dan Sinclair. Looks fantastic!
Fantastic to the whole team, including the support we have received from MdR 🙌