Hexigone Inhibitors Ltd Secures £1.2M Funding Led by UKI2S for Corrosion-Protection Technology
Hexigone Inhibitors Ltd has raised £1.2 million to advance its patented corrosion-protection technology. This funding, supported by UKI2S and Welsh Government, will facilitate product development and market entry for its innovative coatings in defence and industrial sectors.
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Hexigone Inhibitors Ltd has secured £1.2 million in seed funding led by UKI2S, with contributions from angel investors and the Welsh Government. The funding will support product development, international scaling, market entry, and the establishment of circular economy manufacturing capabilities for its Intelli-ion technology, designed to activate only upon corrosion detection.
The financial breakdown includes £500,000 from UKI2S's Defence & Security Seed portfolio, £300,000 from angel investors, and a £400,000 Innovate UK grant. The funding landscape reflects a synergy between public and private investment aimed at innovative materials in defence and sustainability sectors, which may reduce operational risks in harsh environments.
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