Arago Technology, a Manchester spin-out which is commercialising technology that can increase the capacity of existing overhead power cables, has raised a £325k ($482k) venture round. The round’s backers include Manchester University, polymer composite manufacturer EPL Composites, the technology’s inventors, and MTI Ventures, which made its investment through its UMIP Premier Fund. The UK-based firm…
Arago powers on with £325k
Jul 9, 2013 •
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