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How Nanollose’s $2.1M Raise Fuels Biomaterial Pilots Amid Rising Losses

4:27am on Saturday 30th of August, 2025 AEST Materials
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How Nanollose’s $2.1M Raise Fuels Biomaterial Pilots Amid Rising Losses

4:27am on Saturday 30th of August, 2025 AEST
Key Points
  • FY2025 net loss increased 23.3% to $1.43 million
  • No revenue from ordinary activities recorded
  • Pilot production milestones for Nufolium fibre and Nullarbor/wool blankets
  • Raised $2.1 million via placement and rights issue to support growth
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