Fotenix unlocks Innovate UK grant as part of £2.1m funding

Quick Summary:

The round was led by River Capital and marks one of five investments from the EHE fund during Q1 2025.

Charles Veys, founder and CEO of Fotenix.“This funding is a major step forward in getting it into more growers’ hands.

The Greater Manchester-based startup has received a six-figure investment from EHE Ventures’ AI Growth Fund, unlocking a £1.6m Innovate UK grant.

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Article Details

Author / Journalist: Patrick Killeen

Category: InvestingBusiness

Markets: United Kingdom

Topics: Investment EnviroTech

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-14 @ 08:07:49 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: businesscloud.co.uk

Language: English

Article Length: 267 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BusinessCloud

News ID: 27859971

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Main Topics: InvestingBusiness

Official Website: businesscloud.co.uk

Year Established: 2016

Headquarters: United Kingdom

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