6 years ago
Libertine FPE Raises £770,000 for Smart Engine Development
Libertine FPE, a UK-based developer of 'smart engines' for electric vehicles, has secured £770,000 in funding
The round was led by NPIF - Mercia Equity Finance, with participation from Envestors, ShadowFoundr, and existing shareholders
The funding will be used to build and demonstrate prototype 'intelliGEN' smart engine modules, engage with automotive manufacturers, and prepare for a Series A investment round in 2020.