Tech Company Financing Transactions
Nuada Funding Round
On 7/27/2023, Nuada landed $4.4 million in Series A funding from Business Growth Fund.
Transaction Overview
Company Name
Announced On
7/27/2023
Transaction Type
Venture Equity
Amount
$4,370,000
Round
Series A
Investors
Business Growth Fund (Lead Investor)
Proceeds Purpose
This funds will enable the build of a pilot plant at an energy-from-waste facility in the UK.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
18A Newforge Lane, AFBI, Belfast,
County Antrim, BT9 5PX
UK
County Antrim, BT9 5PX
UK
Phone
Website
Email Address
Overview
At Nuada, our technology is the outcome of a decade of innovative work, trading under the name "MOF Technologies". During this time, we developed extensive expertise in designing, scaling, and applying advanced solid sorbents called metal-organic frameworks (MOFs). As time progressed, we expanded our infrastructure for manufacturing, testing, and prototyping, and evolved into a vertically integrated carbon capture development company. Our involvement in multiple EU-funded carbon capture projects has provided us with valuable insights and experience, which have led and intensified our development efforts. Leveraging our development pedigree, we have created the next generation of carbon capture technology that the industry desperately needs to make Net Zero a reality.
Management Team
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