Smart battery firm Moixa lands £5.5m and strikes partnership to expand in Japan

UK smart battery firm Moixa has raised £5m from ITOCHU Corporation, a Japanese trading house, which has also backed other UK firms including Paul Smith and Kwik Fit.

Moixa also received £500,000 from existing shareholders.

Today’s news comes after the firm announced a £2m cash boost last year, saying at the time that it would use the money to expand in the UK and abroad.

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