Puntios supports banah’s successful finance round

The Puntios team has supported the successful £5m finance round by banah uk, which is commercialising a novel geo-polymer cement.  The revolutionary product has high performance characteristics and is low carbon.  The finance round will enable banah to construct a plant at its base in Northern Ireland, to scale up production and commercialise the product. The round was led by BDO Northern Ireland.

The Puntios team, led by Lynne McGregor, assisted with investment readiness, engaged with potential investors, and developed commercial relationships with industry partners.

John Blackstock, banah UK founder: “Lynne and the team already had a good understanding of our industry and useful contacts with investors and potential customers, so were able to be up and running quickly on the project.  Their deep practical experience of building their own businesses was valuable and appreciated, and the relationships they established will continue to benefit banah as we grow the business in the future.”

Simon Hombersley, Puntios CEO: “We’re very pleased that the banah finance round has closed and John has secured investment to build on his initial success with the company.  banah had a world leading product and an experienced and capable management team; it now has the investment to grow to its full potential.”

http://www.banahuk.co.uk