Small-Caps Shine: Zephyr Energy Secures $15M Financing, Quantum Blockchain Wins Patent Approval

Five small-cap companies have made notable announcements recently.

Zephyr Energy has secured non-dilutive financing of up to $15 million for its Paradox Basin project in Utah, with Atlas Oil Company set to be repaid from future production. No shares will be issued or working interest sold.

Quantum Blockchain Technologies has received US approval for a patent application covering technology designed to reduce redundant calculations in Bitcoin mining hardware. The company plans to explore licensing deals with established ASIC manufacturers.

Pathos Communications expects its first-half revenue to jump 14% to $7.3 million, with adjusted EBITDA up 31%. Monthly client sign-ups are up around 30%, and repeat customers have more than doubled.

AOTI has reported an 18% growth in underlying first-half revenue, ahead of its full-year guidance. Proposed nationwide Medicare coverage for its wound-care technology could be transformative once finalized.

Scancell Holdings confirmed its UK fundraise raised £15.7 million, with the retail offer upsized after strong demand. The money will help fund a global phase III trial of its melanoma treatment and merger with US biotech Neuphoria.