Metir plc has, via Turner Pope, successfully completed a fundraise of £1,000,000, before expenses, through a placing of 133,333,333 new Ordinary Shares at 0.75p per share, with investors also receiving a 1-for-1 warrant exercisable at 1.5p for two years. The net proceeds will be used to accelerate business growth and move towards profitability by increasing production capacity for key instruments and kits, providing additional working capital, supporting large-scale water monitoring projects, enhancing software and system performance, investing in product development including PFAS technologies, and strengthening management infrastructure.