A company whose technology can detect and predict corrosion under insulation in pipelines and other safety critical assets has raised a further £900,000 to expand its global client base.

CorrosionRADAR, which has offices in Cranfield and Cambridge, secured the investment from the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund, as well as the government’s Future Fund and existing shareholders.

The latest funding will help the compa
Source: NDT