February 18, 2013 Archangels

£3.25m invested in LUX Assure, a corrosion management company for the oil and gas industry

Technology business LUX Assure has received £3.25m to transform the company from a technology development business to a service provider for the oil and gas industry.

The investment comes from ConocoPhillips; Statoil Technology Invest AS; Archangel Informal Investment (Archangels); and the Scottish Investment Bank (SIB), a division of Scottish Enterprise.
Source: New feed

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