GR2L secures investment to move to system commercialisation GR2L is delighted to announce that it has secured investment from Finance South East in order to complete system design and move to commercialise its unique gas recovery and recycle technology.
“We are very excited to receive this investment to help us move into the commercialisation phase of the development” said Dr Rob Grant, Managing Director of Gas Recovery and Recycle Limited, GR2L, “we are very much looking forward to putting the argon recovery system through its paces with our customers.”
Grant added, “We are seeing increasing interest in out gas recycle technology which will deliver a rapid RoI to our customers.”
The Finance South East Commercialisation Fund was launched in April 2008 for early stage businesses across the south-east of England. Financed by SEEDA, the fund can provide support for companies seeking finance for “proof of concept” and “commercialisation” activities.