Xeros planning to roll out plastic bead technology in the Americas and Europe

Xeros, a British technology group that specialises in “waterless” washing machines, has announced plans to raise £40m from shareholders for its further development.

The group, which floated on London’s Aim market in March 2014 when it raised £27.6m, said the funds will help it maintain momentum as it rolls out its commercial laundry business in the Americas and Europe.

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Source: Guardian Environment