Frontier IP has announced it has invested £320k in a £720k convertible loan financing of Nandi Proteins. Nandi Proteins is developing functional proteins for food ingredients aimed at reducing levels of fat, additives and gluten in processed foods addressing important social, health and environmental concerns about processed food. Frontier IP holds a 20.1% equity stake in Nandi Proteins; the last disclosed value of the holding was back in July 2017 at approx. £2.9m. Connected in part to the anno ....
16 Sep 2020
Nandi £720k financing; fundraise and progress drives forecast upgrades
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Nandi £720k financing; fundraise and progress drives forecast upgrades
Frontier IP Group Plc (FIPP:LON) | 43.5 0 0.0% | Mkt Cap: 24.4m
- Published:
16 Sep 2020 -
Author:
Edward Thomason -
Pages:
4
Frontier IP has announced it has invested £320k in a £720k convertible loan financing of Nandi Proteins. Nandi Proteins is developing functional proteins for food ingredients aimed at reducing levels of fat, additives and gluten in processed foods addressing important social, health and environmental concerns about processed food. Frontier IP holds a 20.1% equity stake in Nandi Proteins; the last disclosed value of the holding was back in July 2017 at approx. £2.9m. Connected in part to the anno ....