'Waterless' washing machine group raising £40m for expansion

Xeros planning to roll out plastic bead technology in the Americas and EuropeXeros, 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. Continue reading...