Fabrum to scale up its capacity with $23 million funding

Fabrum recently announced a $23 million Series A financing led by AP Ventures with participation from Australia-based Fortescue Future Industries, Japan-based Obayashi Corporation and New Zealand-based K1W1. With the new funding, Fabrum plans to expand its global presence and scale up its manufacturing capacity with a new purpose-built manufacturing facility at its Christchurch headquarters – to meet the growing demand for its end-to-end hydrogen systems and other technologies for aerospace, heavy transport and heavy industries. Christopher Boyle, Founder and Chairman of Fabrum, said: “This investment is a critical milestone for Fabrum, validating the technology development pathway that fellow founder Hugh