Private Equity
Video
News
1 minute
29/01/2020
Foresight's investment into Promethean Particles
Foresight have invested £749,000 in Promethean Particles, through our Midlands Engine Investment Fund (MEIF).
Funded by the European Regional Development Fund, European Investment Bank, UK government and Local Enterprise partnerships, and managed by the British Business Bank, MEIF's investments aim to support new and growing SMEs, create jobs and attract additional private sector funding.
Promethean Particles came about after nanotechnology research at the University of Nottingham resulted in a major breakthrough, which the MEIF team have helped to commercialise and bring to market.
Investment Manager, Adam Huckerby describes the breakthrough as "a genuinely unique way of designing and manufacturing high specification nanoparticles”. In this video above Adam explains, in plain English, how the technology works and why this investment is so important.
