Enphys Management Company, LLC announced that it will receive $2.5 million in a round of funding from returning investor i(x) Net Zero Plc on August 7, 2023. Post-completion of the transaction i(x) Net Zero Plc will increase its stake in the company from 14.5% to 30.0%. The board of the company will now be amended to give the i(x) Net Zero Plc two directors with LAIG having the right to appoint three directors