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Project NordGrid - Weekly Process Update
14 Jun 2026
Pipeline funnel
Approached
31100%
Replied
1239%
Interested
723%
NDA signed
310%
Meetings
26%
Where it standsthis week
| Approached | 31 |
| Replied | 12 |
| NDA signed | 3 |
| Declined | 6 |
Market responsesfirms that replied
| Firm | Stage |
|---|---|
| Aldermoor Capital | NDA signed |
| Cedar Grove | Meeting 18 Jun |
| Halford & Co. | NDA sent |
| Stonehaven | Teaser sent |
Declined
62 too early · 2 off thesis
Remaining
54of 85 targets
Reply rate
39%12 of 31 approached
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