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6th September 2019

Biomass pioneer Nova Pangaea secures £2.3m NIPF funding

A Teesside business which has developed a new way to generate fuel and chemicals from waste biomass has secured a further £2.3million investment to commercialise its technology.

Nova Pangaea Technologies has completed a funding round led by NPIF - Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund, with additional funds from existing investors including Cambridge Angels and venture capital firm Par Equity.

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