What does Wull Technologies do?
Wull Technologies is a Manchester-based developer specializing in the production of rigid insulation panels made from sheep wool. The company uses a patent-pending green chemistry process to manufacture its LAMDA fibre panels, offering a sustainable alternative for insulation.
How much did they raise?
The company raised £300K in a Seed round, with Vector Labs and Wool Insulation Wales each contributing £150K. This round follows earlier funding, including over £500K in backing and a £214K grant from Innovate UK's REforMM program.
What are their plans for the money?
Wull Technologies intends to use the funds to commercialize its LAMDA panels, aiming to drive the adoption of eco-friendly insulation solutions that could transform building practices and promote energy efficiency.
What have they achieved so far?
The company has already demonstrated strong market confidence by securing over £500K in prior investments and successfully obtaining a significant government grant for its research initiatives.
