Further evidencing NetScientific's stated strategy of deeper involvement in selected portfolio companies, with strong prospects for both UK and international expansion, NetScientific has announced that portfolio company Q-Bot (20.6% direct equity holding), a developer of robots for deploying home insulation in the building retrofit industry, has successfully closed a £1.62m investment round at a significantly increased valuation of £13.7m (versus a Dec 21 discounted secondary placing) to fund th ....
15 Jun 2022
WH Ireland: NetScientific (NSCI) - Q-Bot secures £1.6m of investment to fund growth
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WH Ireland: NetScientific (NSCI) - Q-Bot secures £1.6m of investment to fund growth
NetScientific plc (NSCI:LON) | 63.0 0 0.0% | Mkt Cap: 15.1m
- Published:
15 Jun 2022 -
Author:
Matthew Davis | Emma Ulker -
Pages:
5
Further evidencing NetScientific's stated strategy of deeper involvement in selected portfolio companies, with strong prospects for both UK and international expansion, NetScientific has announced that portfolio company Q-Bot (20.6% direct equity holding), a developer of robots for deploying home insulation in the building retrofit industry, has successfully closed a £1.62m investment round at a significantly increased valuation of £13.7m (versus a Dec 21 discounted secondary placing) to fund th ....