Fuel from waste bio spinout seeks £20m
C3 Biotech, a spinout company from the University of Manchester is seeking £20m to take its ambitious biofuels from waste to an industrial production phase.
Corporate finance advisors at Cowgills are advising C3, which emerged out of the Manchester Institute of Biotechnology in 2015 by founders Professor Nigel Scrutton FRS and Michael Smith.
They are likely to approach funds such as Northern Gritstone Fund which was established precisely to provide patient capital for complex technology businesses with potential to be transform... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
