Peratech, a Richmond, England, UK-based developer of 3D force-sensing technologies, raised $12.4m (£9.2m) in funding.
The round was led by Merck Ventures, the venture capital wing of Merck, with participation from Arie Capital and existing investors.
The company intends to use the funds to further scale its product engineering and manufacturing efforts.
Led by Jon Stark, CEO, Peratech has developed proprietary Quantum Tunnelling Composite (QTC®) technology which enables intuitive and safe human-machine interfaces (HMI) via thin and flexible force sensors bring a new dimension to tactile user interfaces.
Uses include Consumer and Automotive Electronics, Smart Home & Appliances, and Industrial applications.
FinSMEs
23/10/2017