en.Wedoany.com Report on Mar 27th, The deep tech company Gennate Ltd, based in Greater Manchester, UK, recently announced the completion of a £550,000 seed funding round to advance the research, development, and commercialization of its nano-fertilizer platform. This round was led by SFC Capital, with participation from the GM Advance Fund and Saronica Infinity Fund.
The funding will help Gennate create approximately 15 new jobs over the next three years and accelerate the transition from laboratory development to pilot-scale manufacturing. Headquartered in Stockport with a laboratory at Manchester Science Park, the company is benefiting from the support of the local life sciences and advanced research ecosystem.
Led by CEO Dr. Imad Naasani and co-founder Dr. Farid Khan, the Gennate team has moved into Kilburn House at Manchester Science Park. Joseph Venables, Associate Commercial Director at Bruntwood SciTech, stated: "Gennate exemplifies the innovative potential of science-driven businesses. By providing lab space and collaborative networks, we are helping them accelerate from research towards commercialization."
Gennate's developed continuous-flow nano-reactor platform enables the low-cost, scalable production of nano-scale nutrients, overcoming manufacturing and cost barriers, improving nutrient delivery efficiency, and reducing environmental losses. Its nano-fertilizer formulations have achieved a 30% increase in germination rates in wheat trials, with crop growth and biomass increasing by over 50%.
Dr. Imad Naasani added: "This funding validates our scientific breakthrough and allows us to advance pilot production, laying the groundwork for early product deployment and global growth." The GM Advance Fund provided £150,000. Managed by the Greater Manchester Combined Authority, this fund aims to support businesses in the advanced manufacturing and materials sectors.
Councillor David Molyneux, Greater Manchester's Lead for Resources and Investment, noted: "The GM Advance Fund supports the translation of research into economic opportunities. The advanced materials sector has the potential to create jobs, attract investment, and promote sustainable production." The Saronica Infinity Fund focuses on investing in science-driven companies within UK innovation clusters. Its Managing Director, Omar Majid, said: "Co-investing with SFC Capital and GMCA demonstrates how public and private capital can accelerate technology from the lab to application."
