Cambridge Touch Technologies (CTT) — a developer of AI-driven, 3D multi-touch sensing technologies — has announced the completion of a $5.5 million Series A1 round of investment.
Existing investors Parkwalk Advisors, Cambridge Enterprise and Amadeus Capital Partners participated in the round, joined by new investors China Materialia from Shanghai and Downing Ventures, based in London, UK.
The company’s technology is designed to deliver an all-screen, multi-finger 3D touch solution that can scale to all device sizes. It sits above or on the display due to its transparency, not underneath as with current opaque approaches. It is compatible with OLED and LCD conventional or bezel-less screens, including flat, curved, foldable and flexible devices.
CTT’s solution employs a single, piezoelectric-based sensor for combined force and capacitive location sensing. The company was spun out of the University of Cambridge in 2011 to commercialise its technology for devices such as smartphones, tablets, automotive and industrial applications.
CTT has confirmed that it is engaged with leading OEMs, touch and display panel manufacturers, touch controller IC makers and auto component suppliers for mass adoption of its technology in the near future.
