8 years ago

Peratech Secures $12.4 Million Funding Led by Merck Ventures

  • Peratech, a UK-based developer of 3D force-sensing technologies, raised $12.4 million (£9.2 million) in funding led by Merck Ventures, the venture capital wing of Merck, with participation from Arie Capital and existing investors

  • The company intends to use the funds to further scale its product engineering and manufacturing efforts

  • Peratech's proprietary Quantum Tunnelling Composite (QTC®) technology enables intuitive and safe human-machine interfaces (HMI) via thin and flexible force sensors, bringing a new dimension to tactile user interfaces.

      • ProblemTechnology

      "Current human-machine interfaces (HMIs) often lack intuitiveness and safety, especially with the increasing use of touchscreens and other digital interfaces in various industries."

      Solution

      "Peratech's Quantum Tunnelling Composite (QTC®) technology provides a solution by enabling thin, flexible force sensors that offer a new dimension to tactile user interfaces. This technology allows for more intuitive and safe interactions with devices, improving user experience."

      Covered on