Europe is losing its last world-scale Acetyls units as INEOS mothballs three UK plants. The company says high gas prices and carbon costs are making European manufacturing increasingly uncompetitive against the U.S. and China. #Energy#Manufacturing#Europe
London-based @TeamCloudNC, a #manufacturing#software startup, today announced it has raised €17.2 million to expand #AI tools for precision machining. 🇬🇧 ⚙️ 🤖 🏭
SweGaN, a Linköping-based company specialising in the design, development, and #manufacturing of gallium nitride on silicon carbide (GaN-on-SiC) #epitaxial#wafers, has closed a €12.1 million Series B round. 🇸🇪 📡 🛰️
Crawley-based @NakedEnergyLtd, a renewable-heat technology company, has secured a €10.35 million #investment to fund a new UK #manufacturing facility, creating up to 140 jobs and new #export opportunities. 🇬🇧 ☀️🔥🏭