Nujira, a Cambridge, UK-based developer of technology to reduce power consumption in smartphone transmitters by 30-50%, has raised £10m in funding.
The round was led by new investor Climate Change Capital Private Equity (CPE), which is providing £6m, with participation from existing backers Amadeus, NES Partners, Environmental Technologies Fund (ETF) and angel investors.
The company intends to use the funds to expand its handset engineering team to support product development and engagements with vendors in the global handset market.
Led by CEO Tim Haynes, Nujira has developed a High Accuracy Tracking (HAT™) Modulator technology designed to controls the power supply to the circuit in line with the amplitude of the signal, enabling the creation of highly efficient RF Power Amplifiers for 3G and 4G cellular handsets, base stations, and TV broadcast transmitters.
The company plans to install its Coolteq wideband Envelope Tracking technology into 800 million energy efficient 3G and 4G devices by 2016.
In conjunction with the financing, James Hook, director of CPE, will join’s Nujira’s board.