Intrinsic closes £1.35m seed funding round to prototype next generation memory devices 22 March 2021 – London Memory innovator Intrinsic Semiconductor Technologies Ltd (“Intrinsic”) has announced the close of a £1.35m seed funding round led by investors UCL Technology Fund and IP Group plc. The funding will enable Intrinsic to disrupt the $60bn non-volatile memory […]Read More
Cambridge GaN Devices raises $9.5m Series A to accelerate the deployment of energy efficient devices reshaping the future of power electronics Cambridge University spinout’s latest funding round will be used to double staff and expand its GaN product portfolio following decades of research in power devices Cambridge, 18th February 2021 – Cambridge GaN Devices (CGD) has raised […]Read More
Rockley Photonics, a leading integrated silicon photonic solution provider, closes additional $65 million to accelerate growth Oxford, UK and Pasadena, California, 29 January 2021 – Rockley Photonics, a leading integrated optics solutions provider, today announced that it has closed an additional $65m round of growth capital from both new private funds and follow-on existing investor Morningside Ventures. […]Read More
We’re delighted to announce that Graphcore has raised $222m of investment to help support the company’s continued global expansion and further accelerate future IPU silicon, systems and software development. The Series E funding round is led by Ontario Teachers’ Pensions Plan Board and adds funds managed by Fidelity International and Schroders as new investors. Also participating in this round […]Read More
Rockley Photonics targets healthcare market with CCO appointment Oxford, UK and Pasadena, California, 06 October 2020 – Rockley Photonics, a leading integrated optics solutions provider, today announced the appointment of Vafa Jamali as chief commercial officer. Mr Jamali will be responsible for the company’s commercial strategy, driving business growth and market share. With over 25 years […]Read More
PragmatIC appoints Erik Langaker as Chair of the Board to support increasing scale of business Plus secures over £13 million additional funding to fuel continued expansion towards PragmatIC’s vision of a trillion connected objects PragmatIC, a world leader in flexible electronics, has appointed Erik Langaker as independent Chair to complement its existing strong Board of […]Read More
Sorex Sensors completes £900,000 funding round Co-founder moves to CEO role at innovative sensor technology spin-out 25 August, 2020 – University of Cambridge spin-out Sorex Sensors has raised£900,000 to fund further development of its novel sensor technology. Investors include Cambridge Enterprise, which matched funds raised by a set of Cambridge- and London-based investors including the […]Read More
Flusso raises $5.7m Series A to disrupt $8bn gas- and liquid-flow monitoring market University of Cambridge spinout’s sensor miniaturisation technology improves effectiveness of consumer, industrial, automotive, and medical products Cambridge, 3 June 2020 – Flusso, a semiconductor company spun out of the University of Cambridge, has raised a $5.7 million Series A funding round to […]Read More
Graphcore has secured £19.2 million in a Series D funding round from Merian Chrysalis Investment Co. The artificial intelligence processor firm based in Bristol has now raised more than $300m capital. “We believe the machine intelligence market will show substantial growth in the coming years and that Graphcore is well positioned to generate material revenues,” […]Read More
30th September 2019, Bristol, UK – XMOS, a Bristol-based technology company, today announces the completion of a new $19 million financing round – fuelling the company’s global growth, consolidating its technical leadership in far-field voice interfaces and developing a new product roadmap for the Artificial Intelligence of Things. The funding will support XMOS’s continued growth and an […]Read More