FreeFlow Technologies, which claims to be the developer of the world’s lightest power to weight e-Bike motor, has secured £1.85m from a heavily over-subscribed funding round.
The new investment will support a move to a new headquarters and R&D facility in East Kilbride and further strengthen the team with senior technical positions and assembly engineers recruited.
The new funding round was led by investment syndicate Kelvin Capital and supported by Equity Gap, Foresight Williams and Scottish Enterprise. The company raised £1.8m in an earlier funding round in October 2018.
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