Peratech, a specialist in touch sensor technology, has secured $31.5m in funding from IP investors.
- The investment supports the enhancement of Peratech’s quantum tunnelling composite technology and haptic feedback systems.
- The funding round was led by Dark Matter Partners and involved both new and existing investors.
- Peratech’s technology is being used in various electronics, including PCs, laptops, and gaming controllers.
- The capital will aid in expanding Peratech’s influence in the electronics and automotive markets.
Peratech, recognised for its advanced touch sensor technology, recently obtained $31.5m from IP investors. This funding is indicative of confidence in Peratech’s unique quantum tunnelling composite (QTC) technology and haptic feedback systems, pivotal to enhancing user interfaces on numerous electronic devices.
The financial boost was orchestrated by Dark Matter Partners and supported by both new and repeat investors. A significant portion of this injection came through IP-secured debt, with $6.5m raised in equity, reflecting strong investor interest in the company’s potential.
Peratech’s technology, noted for its application in diverse settings from NASA robots to everyday electronic devices, is now being prominently used in PCs, laptops, and gaming controllers. This technological advancement is set to be a game-changer in user interaction with devices.
The newly acquired capital will be strategically deployed to further develop Peratech’s QTC technology, improve its Hydra user interface software, and enhance its haptic feedback mechanisms. The aim is to set a new standard in the ease of use and engagement of PCs and peripheral devices.
Peratech’s expansion efforts include penetrating the automotive sector, with its interfaces designed to minimise driver distractions and optimise user interaction within the vehicle cabin. This expansion is part of a broader strategy to diversify the application of their technology across various industries.
This significant financial endorsement positions Peratech to solidify its market presence and drive technological advancements in tactile user interfaces.