Hexigone raises over £1.1m from Oxford Innovation Finance to expand its manufacturing and sales teams.
The investment was provided by Oxford Innovation Finance and the OION Angel Network.
£1.1M
Hexigone develops chemically intelligent corrosion coatings that replace traditional heavy metal and toxic inhibitors with a smart release mechanism.
Hexigone has secured more than £1.1m in a funding round backed by Oxford Innovation Finance through its EIS Growth Fund 3 and the OION Angel Network.
The company will use the capital to expand its business development, sales, and manufacturing teams, allowing it to increase production volumes and accelerate its global market presence.
Hexigone develops Intelli-ion technology, a smart release mechanism designed to protect metal assets while reducing environmental impact.
Use of funds
- 01Grow the team
- 02Invest in sales and marketing
- 03Scale operations
