Coventry engineering company PowerKut has expanded its footprint after securing £1.2m of funding. The business has moved out of rented accommodation and purchased two bases, including a new headquarters.
Coventry engineering company PowerKut has expanded its footprint after securing £1.2m of funding. The business has moved out of rented accommodation and purchased two bases, including a new headquarters. The expansion was put in motion after PowerKut negotiated an investment with RBS. It then required additional top-up cash, which it gained from peer-to-peer network ThinCats, organised by Ludgate Finance, to continue its growth.
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