CoRMaT Tidal Turbine

Nautricity completes multi-million pound funding

Nautricity Limited, a developer of tidal energy technology, announces today that it has successfully completed its first investment funding round. In this multi-million pound deal, First Tech Ltd, an Aberdeen based investment company which invests in technology and offshore engineering, has made a significant equity investment in the Company and provided a facility to make further funding available to match grant awards and project development funding that the Company may be able to attract in the near future.

Press Release: Nautricity Ltd completes multi-million pound funding round.

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