Cambridge Touch Technologies raises £4m in round led by Downing Ventures

Jun 7, 2018 · uktech.news

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Touch screen specialist Cambridge Touch Technologies has closed its Series A round at £4m, with new investment coming from VC fund Downing Ventures and Shanghai-based China Materialia.

Existing investors Parkwalk Advisors, Cambridge Enterprise and Amadeus Capital Partners also contributed to the round, which will be used to accelerate the development of its tech.

Cambridge Touch Technologies, (CTT), was spun out of the University of Cambridge in 2011. It now develops AI-powered 3D touch technologies for devices such as smartphones and tablets, on both LED and OLED screens. The tech has also been used in the automotive and industrial technologies.

The tech is pressure-sensitive and uses sensors to enable multi-touch; meaning people can zoom, drag, peek and select options with one touch, the company says.

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