CiiTECH LTD announced that it has received £2,100,000 in a round of funding on July 6, 2021. The company issued convertible loan notes in the transaction. The transaction included participation from Fragrant Prosperity Holdings Limited for £175,000 and other investors. The notes carry an interest of 10% per annum, payable upon maturity or rolled-up upon conversion to equity. The notes shall be redeemed at the principal amount on the 24-month anniversary falling from the date of issue unless converted or redeemed.