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Ceres Power spins out RFC Power in £10 million funding round
Source: proactiveinvestors.co.uk
ESG & Climate PolicyTechnology & InnovationCompany Fundamentals
Ceres Power said it is retaining an approximate 37% stake in RFC Power following RFC Power’s £10 million Series A funding round. The update is broadly supportive for RFC Power’s financing momentum and Ceres’ ongoing exposure, but is unlikely to be market-moving beyond the companies involved.
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