Nova Pangaea Technologies raises £5.3m to deliver its first commercial plant and develop sustainable aviation fuel.
The funding round was backed by Par Equity, Mercia Asset Management, and The Northern Powerhouse Partnership.
£5.3M
Nova Pangaea Technologies is a clean technology business developing processes to produce sustainable aviation fuel.
Nova Pangaea Technologies has raised £5.3m in a funding round supported by Par Equity, Mercia Asset Management, and The Northern Powerhouse Partnership.
The capital will allow the company to pursue growth opportunities, including the delivery of its first commercial plant. It also supports the firm in a partnership with British Airways and LanzaJet to develop sustainable aviation fuel for the UK commercial market.
Use of funds
- 01Expand into international markets
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About the company
NP
Nova Pangaea Technologies
Nova Pangaea Technologies produces sustainable fuels and cleaner energy solutions.
United Kingdom
£5.3MRaised