UK automotive systems specialist Lysanda raised £1.3m in a second venture funding from Curzon Park Capital through the Sustainable Technology Fund (STF).
The STF led the round of funding for the company’s Eco-Log™ system which helps reduce vehicle fleet running costs and minimise environmental impacts by providing highly accurate data on fuel consumption and wastage.
In addition, the round, which closed on 1 September 2009, provides funds for Kelvedon, Essex-based Lysanda to take the technology to commercial rollout following successful trials with a number of corporate customers.
FinSMEs
08/10/2009