Funds boost for firm creating ‘smart engines’ for electric cars
Libertine FPE Ltd – the Sheffield-based company which is developing ‘smart engines’ for electric vehicles – has raised a further £770,000 investment. The latest funding round was led by NPIF – Mercia Equity Finance, which is managed by Mercia Fund Managers and is part of the Northern Powerhouse Investment Fund (NPIF), and included investment from