Two further milestones were passed this month. First, NPT’s funding for 2019 took a great leap forward with the investment of £1.5m from the Northern Powerhouse Investment Fund, accompanied by £0.7m of investments from angels, including additional investments from Par Equity (their third round of support) and Cambridge Angels (their second). This investment gives runway […]
Another important step in Nova Pangaea’s demonstration plant construction was achieved in March. The installation of the impressively large process units for washing and drying the process stream exiting the hemicellulose hydrolysis was successfully completed, together with the many associated units for provision of steam, cooling water, material transfer, measurement and control. This entire installation […]
The company’s 2018 financing round was completed at £2.0m, sustaining the continuing installation and partial commissioning of our demonstration plant at Wilton as well as continued R&D activities. Major new investors joined the company, including a large investment from members of the Cambridge Angels syndicate. In addition to other new investors, the existing angels, directors […]
“Valorising Waste from Sugar Cane Industries via Innovations in Pre-treatment, Bioproduction and Process Intensification” A consortium led by Nova Pangaea was successful in winning this prestigious grant. The grant covers a three-year project commencing 1st August 2018 with a total value for NPT’s portion of £625,000. 70% of this will come from the Newton Fund […]
NPT mounted a stand at this conference. In addition, Chairman Barry Hedley and Technology Development Director Martin Holm contributed a presentation and authored a paper outlining the status of Development and Commercialisation of the company’s Refnova process. These were well received. In addition, Rachel Solomon Williams, Head of Low Carbon Fuels, Energy Technology and Innovation […]
Press Release Completion of 2017 Funding for Nova Pangaea Enables completion and start-up of a large plant on Teesside demonstrating its unique biomass-to-biofuels-and-chemicals process The Board of Directors of Nova Pangaea Technologies is pleased to announce that the company has successfully closed its 2017 round of funding. Equity investment of £1.5m […]
Hydrolysis Output (entering Pyrolysis stage) Feedstock – Birch chips In late May Nova Pangaea commissioned its 20 kilo/hour pyrolysis pilot having successfully completed independent runs of the preceding hemicellulose hydrolysis stage earlier in the year. The hydrolysis step is producing ~90% yields of monomer sugars from birch chips with potentially valuable co-products, furthermore the hydrolysis has already […]
Advanced Biofuels Demonstration Competition – UK Department for Transport Today Transport Minister Andrew Jones has announced that Nova Pangaea is to receive grant backing to fund the demonstration of NPT’s low cost route to cellulosic sugars and on to ethanol for biofuels at significant scale. The process is unique in being continuous and, importantly, it […]
It’s been a busy year for NPT and the Board is proud to have achieved a number of significant milestones leaving the company well positioned for the year ahead. CEO Ed Wilson summarised the outlook for the next 12 months “We’re looking forward to a very exciting year in 2015 as we work with our […]
Nova Panagaea Technologies has today joined the group of 69 established industrials, clusters and SMEs that currently make up the Bio – based Industries Consortium (BIC). http://www.bbi-europe.eu BIC has a mandate to unite the skills, technologies and resources within the EU to drive down Europe’s dependence on fossil resources – its 2030 targets are: To […]
