Dekiln benefits from £3 million funding

Summary by AI BETAClose X

Frontier IP Group plc announces that its portfolio company, Dekiln Limited, has secured £3 million in funding from the Royal Academy of Engineering's Green Future Fellowship to scale up its kiln-free tile technology to industrial production. This award will enable Dekiln to establish a pilot manufacturing plant capable of producing up to 1,000m² per day, utilizing plant-derived binders and waste mineral powders to create materials with a 94% lower carbon footprint than traditional ceramics. Dekiln previously raised £693,000 in September 2024 at a valuation of £2.69 million, and Frontier IP holds a 24.8% equity stake in the company.

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