Mesuro, a Cardiff, UK-based company that sells RF testing equipment and device measurement services to the semiconductor industry, has completed a £700k funding.
Backers include Fusion IP plc (AIM: FIP), which invested £300k and now has a 46.5% shareholding in the company.
Mesuro intends to use the capital to expand overseas sales of its RF testing equipment.
Led by Richard Emsley, CEO, the company is a Cardiff University spin-out.
FinSMEs
21/06/2012