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Hexigone secures GBP £1.2 million to scale corrosion tech

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Hexigone Inhibitors has secured a GBP £1.2 million funding package, including a GBP £500,000 investment from the UK Innovation & Science Seed Fund’s Defence & Security Seed portfolio.

The West Wales advanced materials company also raised GBP £300,000 from angel investors and secured a further GBP £400,000 Innovate UK grant. The funding will support commercial scale-up, overseas expansion and circular economy manufacturing.

Hexigone develops corrosion inhibitors for defence, marine and industrial markets. Its products are designed to extend the life of metal assets while reducing reliance on anti-corrosion chemicals containing heavy metals or other toxic substances.

Corrosion remains a costly problem across sectors that rely on ships, offshore structures and industrial equipment exposed to harsh conditions. Protective coatings are widely used to preserve these assets, particularly where operators need to reduce maintenance cycles and avoid downtime.

Its Intelli-ion technology is designed to activate only when corrosion begins and is used at lower dosages than traditional inhibitors.

Defence backing

Backing from the Defence & Security Seed portfolio underlines the company’s relevance to military infrastructure as well as commercial markets. The fund, supported by the Ministry of Defence, focuses on dual-use technologies with both security and civilian applications.

UKI2S, managed by Future Planet Capital, led the investment. The fund backs businesses emerging from the UK’s publicly funded science and research base in areas including engineering, biology, defence and fusion energy.

Founder and CEO Patrick Dodds outlined the company’s market position and the significance of the new funding.

“Corrosion is a major global challenge, yet many traditional solutions rely on legacy chemistries that are less sustainable. This investment enables us to accelerate commercial deployment of our technology, deepen our work across defence and industrial markets, and continue developing innovative solutions that reduce waste and improve material circularity. UKI2S immediately understood both the commercial potential and strategic importance of what we’re building. Having an investor that shares our long-term vision – and understands the importance of supporting advanced materials innovation in this sector – is hugely valuable as we scale further. The round remains open to secure a further £300-£500k to support the next phase of commercial growth, and we would welcome conversations with investors interested in joining us on this journey,” said Patrick Dodds, Founder and CEO of Hexigone.

The company’s focus on lower-toxicity chemistry comes as manufacturers and infrastructure operators face closer scrutiny over environmental impact and the durability of materials used in critical assets. Demand has grown for products that can extend service life without relying on older formulations associated with heavier environmental burdens.

Industrial use

Hexigone’s technology has applications across the industrial, transport and defence sectors, including naval vessels, offshore energy infrastructure and broader industrial equipment.

Advanced materials businesses in the UK have drawn interest from public-backed funds where national infrastructure resilience overlaps with commercial demand. Corrosion prevention falls into this category because failure of protective coatings can increase costs, shorten asset life and disrupt operations.

Managing Director Alex Leigh said Hexigone matched the fund’s investment thesis.

“Hexigone is an excellent example of the kind of dual-use innovation the Defence & Security portfolio is designed to support. Advanced materials and protective technologies play a critical role in maintaining operational resilience across defence infrastructure, particularly in harsh maritime environments where corrosion creates significant economic and operational challenges. Hexigone’s technology combines strong commercial potential with clear strategic relevance, offering a more environmentally responsible approach to corrosion resistance while supporting long-term resilience for critical assets. We’re delighted to support the company as it scales its technology, strengthens UK advanced manufacturing capability, and develops solutions with significant applications across both defence and commercial industries,” said Alex Leigh, Managing Director of UKI2S.

The Royal Navy also highlighted the importance of corrosion protection for defence assets operating in demanding environments. Naval fleets and related infrastructure require constant maintenance because exposure to salt water and severe weather can degrade metal structures over time.

“Innovative technologies that improve the resilience, sustainability and operational performance of critical defence infrastructure are critical to the Royal Navy’s warfighting capability. Hexigone’s work demonstrates the strength of the UK’s advanced materials sector and the value of supporting early-stage companies developing solutions to protect critical infrastructure in both defence and commercial applications. It’s encouraging to see UKI2S’s funding accelerate technologies contributing to the long-term protection and durability of critical defence assets operating in some of the world’s harshest environments,” said Paul Wilkinson, Head of Ventures at the UK Royal Navy.



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TrueRights names Harry O’Hara as Commercial Director

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TrueRights has appointed Harry O’Hara as Commercial Director, expanding the company’s work in sport.

O’Hara joins from the E1 Series, where he worked on commercial partnerships across the championship’s international rights portfolio. Earlier in his career, he held roles at West Ham United and in financial markets in the City of London.

He will report to Founder and Chief Executive Officer Benjamin Woollams and oversee the company’s commercial strategy, including partnerships across sport, talent, media and brand sectors.

The appointment comes as sports organisations face growing scrutiny over how images, likenesses and other intellectual property are used in AI-generated content. Clubs, athletes, leagues and other rights holders are also considering how to license and manage those assets as generative AI becomes more common in marketing, media and entertainment.

TrueRights operates in the rights and licensing technology market, focusing on the use of content and likeness in digital media and AI systems. It positions itself between intellectual property owners and AI or media platforms, managing permissions, usage terms and reporting on how assets are used.

Sports rights

Sport has become an increasingly sensitive area in the debate over AI and intellectual property, as athlete likenesses, club branding and competition footage all carry significant commercial value. That has created a market for companies promising greater oversight of how those assets are licensed and tracked.

O’Hara said that focus on sport was part of the appeal.

“Generative AI is fundamentally reshaping how content is created, consumed and valued, and that shift is only accelerating. What drew me to TrueRights is that it’s building the infrastructure the industry has been missing: the rights, consent and attribution layer that ensures IP is used correctly, monitored properly and fairly compensated,” said Harry O’Hara, Commercial Director at TrueRights.

He added that rights holders are looking for practical ways to manage and monetise their assets in an AI-driven market.

“Having spent much of my career working with rights holders in sport, I’ve seen first-hand how valuable intellectual property can be and why greater visibility around its use matters. The opportunity is remarkably broad, particularly as more rights holders look for practical ways to manage and commercialise their IP in an AI-enabled environment. There’s a real chance to build partnerships that help talent, brands and agencies license and manage IP with confidence and transparency.

“Add to that the calibre of the team and investors behind the business, and the decision became an easy one. This is a rare chance to help shape an emerging category at a point when the industry is actively looking for solutions, and I couldn’t be more excited to be part of that journey,” O’Hara said.

Commercial push

For TrueRights, the hire marks a stronger push into sports and adjacent media markets, where ownership and control of content are becoming more contested. As AI tools make it easier to generate and distribute synthetic content, rights holders want clearer records of consent, licensing and attribution, the company argues.

Woollams said O’Hara’s background aligned with the company’s focus on commercial partnerships in sport.

“Few people understand the commercial world of sport the way Harry does, and that matters enormously right now. Rights holders, including athletes, clubs, teams and championships, are increasingly focused on what generative AI means for their likeness, content and intellectual property,” said Benjamin Woollams, Founder and Chief Executive Officer at TrueRights.

“As generative AI accelerates both the opportunity and the risk of IP misuse, monitoring where and how content is used has become critical, nowhere more so than in sport, where an athlete’s likeness and a club’s IP are among their most valuable assets.

“Harry has spent his career building partnerships at exactly that intersection. He understands the commercial realities facing rights holders today and shares our belief that greater transparency, accountability and control will become increasingly important as AI adoption continues to grow. We couldn’t be more pleased to have him leading our commercial strategy,” Woollams said.

TrueRights was founded by people from the creator economy and AI sectors. Its platform is designed to structure intellectual property data, issue permissions, enforce usage terms and provide audit trails and reporting on the use of content, likeness and other rights.

According to the company, it works with talent, rights holders, unions and AI platforms. In sport, that places it in a growing part of the market where technology groups are trying to help rights owners respond to the spread of generative AI across content production and distribution.



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UK retail giant set to open new store in Oxfordshire

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The cards, gifts and celebration retailer has applied for planning permission to install signage at the old Claire’s Accessories store at Banbury Gateway.

Both of the Claire’s Accesories shops shut down last year in Banbury, with one at Castle Quay Shopping Centre and the other at Banbury Gateway Shopping Park.

Card Factory already has stores at Banbury Cross Retail Park and the one in the Castle Quay Shopping Centre.

READ MORE: Oxfordshire e-bike and e-scooter scheme to be significantly expanded

Shoppers enter a Card Factory store in Newcastle-under-Lyme, Staffordshire.Card Factory store in Newcastle-under-Lyme, Staffordshire. (Image: Barrington Coombs, PA Wire)

The gift retailer has shops also has shops in Headington, Cowley, Kidlington, Abingdon, Bicester, Witney, Didcot and Wantage.

The gift shop has over 200 shops across the UK, with the first Cardfactory store opening in Wakefield in 1997.

Last year Card Factory acquired personalised greetings card business Funky Pigeon from WH Smith for £24m.

Claire’s permanently closed in April after the major UK fashion brand collapsed into administration.

The high street chain was put into administration back in January 2026 alongside The Original Factory Shop (TOFS).

The two retailers had already undergone restructuring and were bought by investment firm Modella Capital last year.

Oxford Mail has asked the retailer if they have an opening date for the Banbury Gateway site and whether the opening will affect either of their other two Banbury stores.





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EcoOnline & J.S. Held join forces on workplace safety

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SOFIAH NICHOLE SALIVIO

News Editor

EcoOnline has formed a global partnership with risk advisory firm J.S. Held, combining software tools with advisory services for workplace safety and crisis response.

The agreement focuses on three areas: environmental, health and safety management; crisis management; and lone worker protection. Both groups say employers face widening operational risks and fragmented oversight.

New survey data from EcoOnline points to a sizeable gap between worker concerns and employer preparedness. Nearly half of workers surveyed said they had experienced a workplace accident or illness, while 74% said more digital tools would make them feel safer at work.

The findings also suggest crisis planning remains poorly understood in many organisations. Only 31% of respondents said their employer had a crisis management plan they fully understood.

Lone worker safety emerged as another concern. EcoOnline said 32% of workers identify as lone workers, but only 56% believe their employer takes responsibility for their safety. One in three also said they had an accident while working alone in the past year.

Shared offer

Under the partnership, EcoOnline will provide software for incident reporting, safety management, crisis planning and lone worker monitoring, while J.S. Held will add field-based advisory services in risk assessment, preparedness and response.

The arrangement is intended to give organisations a more joined-up way to manage safety and operational disruption, linking digital reporting and oversight with support for implementation and field response.

The initial focus will be on the three areas outlined in the agreement, with scope expected to expand across EcoOnline’s broader software portfolio over time.

The tie-up reflects a wider trend in corporate risk management as companies try to connect compliance systems, workforce communication and emergency planning. Employers in sectors with dispersed staff, hazardous environments or isolated roles have faced growing scrutiny over how they monitor risk and respond to incidents.

EcoOnline’s survey also suggests worker expectations are shifting. Some 77% of respondents said an unsafe workplace could prompt them to change employer, placing safety alongside pay and flexibility as a retention factor.

Risk pressure

For crisis readiness, the partnership aims to improve access to plans and co-ordination during disruption. For lone worker protection, it focuses on oversight, communication and escalation when an employee is operating alone in a higher-risk setting.

Both companies argue that risk has expanded faster than the systems many employers use to manage it, leaving some organisations reliant on disconnected processes for workplace safety, emergency response and employee protection.

Kris McKenzie, chief revenue officer at EcoOnline, linked the partnership to the survey findings. “Workers are already aware of how broad operational risk has become. What they’re less confident in is whether their employer has the plans, processes, and visibility to deal with it,” said McKenzie. “J.S. Held’s hands-on advisory expertise amplifies the impact of our intelligent automation, giving organisations a clearer path to future-proof their readiness and protect their people.”

J.S. Held said the partnership fits its approach to advising businesses on connected operational risks, particularly where safety, resilience and supply chain issues overlap.

Andrea Korney, vice president of sustainability and supply chain at J.S. Held, said businesses were dealing with increasingly intertwined threats across day-to-day operations.

“We work with businesses facing more complex, connected risks across safety and operations,” said Korney. “Our role is to help them understand that complexity in context and act with confidence. EcoOnline’s comprehensive suite of out-of-the-box safety and sustainability software gives customers a practical foundation to implement faster, strengthen oversight, and build a more unified operational picture.”

The partnership gives EcoOnline a way to pair its software with consultancy support at a time when employers are under pressure to show that safety systems are understood in practice, not just documented in policy. For J.S. Held, it adds a software layer to advisory work for clients seeking more consistent visibility over incidents, staff exposure and emergency procedures.

Both companies present the alliance as a response to a workplace risk landscape that no longer sits neatly within separate departments. The data they cite suggests many workers already see that shift, with accident rates, lone working concerns and weak understanding of crisis plans pointing to the same problem: employers may have tools or procedures in place, but staff do not always trust that they are connected or effective.



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