London -- Econic Technologies has completed an investment programme of £5m (EUR5.8m) with Woodford Investment Management, Imperial Innovations and Jetstream Capital.
The latter two companies are return investors, as this UTECH-polyurethane.com report from 2013 shows.
Funding will support the development of future catalyst generations and the expansion of the firm's facilities, as well as accelerating the commercialisation of its catalyst technology, said a company press release.
Econic Technologies ceo Rowena Sellens, said: "This investment will support both ongoing catalyst development and our commercialisation activities."
A demonstration facility which will showcase Econic’s catalyst technology to customers is part of the firm's plans, she added.
This latest round of investment is in addition to a European Union-funded Horizon 2020 SME award of £2m over the next two years.
XE Currency conversion: July 7, 2016