the Company has a patent on a technology that is used in fuels to reduce friction in engines. With reduced friction to fuel consumption and emissions are reduced.
" Really it all started in the racing industry. Then they had no idea that it could also reduce emissions. Then came the man that could do some good for the world,” says the company's ceo Pär Krossling, according to Breakit.
Iraj Arastoupour bet 4 million, and Göran Persson's company has decided Pegroco Invest, go in with 2 million, according Breakit.
According to Breakit is subscription undertakings in the issue now on the 25,7 million. Total want the company to take in 35 million.
Other well-known persons who are owners is the Volvo chairman of the board Carl-Henric Svanberg, the chairman of the board of Atlas Copco Hans Stråberg.
but ceo Pär Krossling is positive and points to new agreements signed.
– the Cost that we have is nothing in the oil and gas sector. Only the small agreement that we have received now makes us kassaflödespositiva. We are a development company that is now to commercialize the us, " says Krossling.