$1 million investment acquired by a tech form to tackle the problem of corrosion

A corrosion management firm has secured EUR 1 million for its further growth and extension of innovation in oil, gas, and petrochemicals.

With additional Mercia and private investor’s funds, along with government grants by the Innovate UK, Oil and Gas Technology Centre, CorrosionRADAR secures the investment of the MEIF Proof of Concept & Early Stage Fund managed by Mercia and a Midlands Engine Investment Fund.

Cor....