Foresight-led £400k Growth Investment into TextureJet

December 14, 2022

Foresight Group, via the Midlands Engine Investment Fund, has provided a £400,000 growth capital investment into TextureJet as part of a wider £650,000 round also including the University of Nottingham and members of the Minerva Angel Investor Group. The funding will enable the Nottingham-based spin-out to scale production of its patented surface texturing machines, expand its team and pursue overseas market expansion across aerospace, automotive and medical device end markets.

Buyers
Foresight Group, Midlands Engine Investment Fund (MEIF), University of Nottingham, Minerva Angel Investor Group
Targets
Texture Jet Limited
Industry
Manufacturing
Location
Nottinghamshire, United Kingdom
Transaction Type
Growth capital

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