Northstar Ventures invests £500,000 in Dragonfly Advanced Materials as part of £1 million funding round
PUBT · 2d ago
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- Dragonfly Advanced Materials raised GBP 1 million to scale its aerogel manufacturing technology.
- Northstar Ventures invested GBP 500,000 from the North East Spinout Inspire Fund.
- Innovate UK provided a GBP 500,000 grant through its investor partnership programme.
- Newcastle University spinout targets lower-cost, scalable aerogel production for broader industrial use.
- Proceeds fund capacity expansion, commercial hiring, industrial partner work, licensing discussions tied to a new Northumberland facility.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northstar Ventures Ltd published the original content used to generate this news brief on September 22, 2026, and is solely responsible for the information contained therein.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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