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02-02-2010: Stratophase has started the new year by securing £2.5m follow-on funding from existing investor East Hill Management.
Commenting on the funding, Dr Richard Williams, CEO of Stratophase said, “These are exciting times for Stratophase. We are initiating a SpectroSens Early Access Programme in key markets and are actively seeking strategic partner organisations with the intention of leveraging this widely applicable technology into multiple end markets”.
The additional investment will enable the company to roll out their SpectroSens real-time monitoring technology in target markets. The roll out will be supported by recruitment of key staff and a move to larger premises.
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A consortium of GlaxoSmithKline (GSK), Green Biologics and the Centre for Processing Innovation (CPI), led by Stratophase, is developing a cost-effective, multi-parametric sensor system for increasing the efficiency of high-value liquid based production processes. The £1.2m APPLES (Advance ... more
Stratophase receives £2.5m follow-on investment
Stratophase has started the new year by securing £2.5m follow-on funding from existing investor East Hill Management. Commenting on the funding, Dr Richard Williams, CEO of Stratophase said, “These are exciting times for Stratophase. We are initiating a SpectroSens Early Access Programm ... more
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