Aveillant, a Cambridge, UK-based company that specializes in 3D surveillance radar, raised up to £6m in funding.
Backers inclded existing investors ESB Novusmodus, DFJ Esprit and Cambridge Consultants.
The company intends to use the funds to continue to grow its customer support infrastructure and supply chain, following commercial deployment of its radars.
Led by David Crisp, CEO, Aveillant offers a range of 3D Holographic Radars™, from remotely deployable units through to long range Primary Surveillance Radar (PSR) systems, all providing a ceiling of 60,000 ft. 3D Holographic Radar™ provides real-time detection of non-cooperative targets for air traffic surveillance.
The company, which spun off from Cambridge Consultants in October 2011, is currently negotiating with industry partners to support its wind farm mitigation business and continue its expansion into different markets.
FinSMEs
12/04/2014