West Hill Capital has closed an equity round of funding at £4p/s raising £5.3m, which resulted in the funding being 80% oversubscribed. It was completed ahead of a proposed £20m round with
Carnegie Investment Bank later this year, the proceeds of which will be used to commence the construction of a plant in the USA.
Latest round represents a 12.5x MoM for seed investors in 2014
Jan Boeg Hansen has been appointed as Chairman. He is the former chairman of Danish Crown, the largest pork producer in Europe with revenues in excess of $9billion with 26,000 employees.
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