Advising the Development Bank of Wales on Hexigone investment
Port Talbot-based manufacturing start-up, Hexigone, has received an investment of almost £900,000 from both new and existing investors, including our client, the Development Bank of Wales.
Our corporate team advised the Development Bank of Wales on this investment round – which will enable the Welsh start-up to expand global sales of its smart corrosion inhibitors.
The cash-injection comes at a key milestone for Hexigone, with recent technical validations leading to commercial sales. The company is also on the verge of completing major deals with two multibillion-pound coating industry giants in Asia.
You can read more about the deal here.
