Announced
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Synopsis
ING Corporate Investments, a capital market company, led a €29m funding round in Strohm, a thermoplastic composite pipes producer, with participation from Shell Ventures, Chevron Technology Ventures, Evonik Venture Capital and HydrogenOne Capital. “This significant investment from ING Corporate Investments and our existing shareholders is a huge vote of confidence in what we have achieved to date and the wide acceptance of our ground-breaking TCP technology and its applications across multiple energy markets," Martin van Onna, Strohm CEO.
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