UK nanotechnology firm, Peratech, has completed a £1 million ($1.5 million) investment round. The company, which develops new touch technologies, will use the funds to increase its sales and engineering employee base.
Peratech is a pioneer of its patented Quantum Tunnelling Composite (QTC) technology, which has the ability to measure small changes in force with a predictable change in conductivity, enabling companies to create the next generation in smart, pressure-based user experiences. The company’s CEO, Jon Stark, said, “The funding will enable us to meet a steadily growing demand for Peratech’s QTC technologies across a wide variety of global markets”.
