The Libertine FPE Ltd funding round has now closed, with VC Mercia Technologies topping up their original investment by a further £350k.
This funding round saw the company secure in excess of £700k from a combination of existing investors, Mercia Technologies, and private investors.
As a bonus for investors who invested in this initial round, each will be rewarded with a 17.5% discount to the original share price, meaning they will be given more shares than they originally thought.
Libertine is already in revenue and has some lucrative, strategic contracts in place.
For anyone who missed out this time, there will be a further opportunity to invest into the company very soon, as it looks to take in further funds on a second close in the coming months. We will of course, keep you posted.