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Dearman, the clean cold and power technology company, has announced that Park Vale Capital has committed to invest £16m in the business. This brings the total funds raised by Dearman during 2015 to £19.5m (excluding grant funding), and will allow the company to bring the first application of its technology to market. It will also enable Dearman to establish initial UK-based manufacturing activity, and to achieve widespread international commercial deployment, while continuing to invest in R&D and demonstration of its core technology and subsequent applications.
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