Hexigone receives $1.2m to help sustainably solve global corrosion challenge
Investors in this round: British Business Bank Future Fund and Enterprise Investment Scheme as well as continued support from existing investors Development Bank of Wales, Armourers & Brasiers, Sunnybarn Investments and Hexigone Chairman, Mr Owen Sennitt.
Enterprise Fellowship Awardee Patrick Dodds and CEO at Hexigone Inhibitors, has received along with his team~£1.2m investment to expand global sales of their smart corrosion inhibitors – offering superior protection and a sustainable solution to key industries worldwide. Worldwide demand for inhibitors is expected to reach £6.7bn in 2021 – encompassing the aerospace, automotive, architectural and the energy sectors. Hexigone has found a way to protect metals for up to ten times longer, through their innovative, smart inhibitors.