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UK Na-ion firm Faradion to move to large-scale prototype

Tue, 01/31/2017 - 12:06 -- paul Crompton
UK Na-ion firm Faradion to move to large-scale prototype

UK firm Faradion has received £3.2 million in funding to take its sodium-ion technology from the laboratory to large-scale prototype stage.

The money came from a syndicated funding round from existing shareholders including Mercia Technologies, which is due to invest £1.9million for a more than 13% share of the business.

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