Path Investments (GB:DGI) has released an update.
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DG Innovate PLC has announced a fundraising initiative to secure up to £850,000 through the issuance of new Ordinary Shares, which will support their sustainable mobility and energy storage developments, including a joint venture with EVage Automotive. The company has already conditionally raised £550,000 and is considering further funding options to support a move to AIM in 2025. The funds will also provide working capital and support the commercialization of their innovative e-drive and energy storage solutions.
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