Frontier IP (GB:FIPP) has released an update.
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Frontier IP Group plc has provided a £0.6 million loan facility to its portfolio company Cambridge Raman Imaging Ltd (CRI) to boost CRI’s rapid growth and working capital needs. The investment supports CRI’s innovative graphene-enhanced laser technology for medical diagnostics and research, with the company already exceeding revenue expectations. Alongside this financial support, Frontier IP holds a substantial 26.81% equity stake in the burgeoning tech firm.
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