Peratech, a force sensing tech company, has secured $31.5m funding from investors.
- This capital will advance their user tactile interface technology for PCs and laptops.
- The funding round saw high interest with oversubscription from new and existing investors.
- Peratech’s innovations include quantum tunnelling composite systems and intelligent user interfaces.
- The investment signifies strong confidence in Peratech’s global market potential.
Peratech, known for its cutting-edge force sensing technology, has successfully raised $31.5 million in a new funding round. This financial boost was led by Dark Matter Partners and supported by IP-secured debt, highlighting investors’ faith in the company’s technological advancements. Such capital will be instrumental in further developing Peratech’s innovative user tactile interface technology, specifically designed for integration with personal computers and laptops.
This round of fundraising generated significant interest, evidenced by new and existing investors oversubscribing and contributing $6.5 million in equity. This robust backing underscores a pivotal endorsement of Peratech’s position and prospects in the technology sector, particularly in enhancing user experiences through advanced interface solutions. The company has operations across North Yorkshire, County Durham, China, and Sweden, which positions it well in the global market.
Central to Peratech’s technological offerings is its quantum tunnelling composite (QTC) force sensing system, aimed at revolutionising how force is detected and applied in various devices. Additionally, their Hydra user interface software and haptic feedback systems enhance the interaction by providing tangible feedback on devices such as keyboards, trackpads, and gaming controllers. These innovations not only improve user experience but also offer potential for extensive application in the automotive industry, contributing to safer and more intuitive vehicle controls.
CEO Jon Stark affirms that Peratech’s technologies extend beyond creating leading haptic trackpads and force-enabled keyboards. He emphasises the uniqueness of their control firmware and software, which imbue intelligence into user interfaces, thus simplifying and enriching the usability of devices for a wide range of users. Stark expressed that this funding is a major validation of Peratech’s success and its strategy to capture a larger portion of the technology market.
Scott Bell, joint managing partner at Dark Matter Partners, expressed confidence in Peratech’s trajectory. Highlighting the company’s unique platform and solid intellectual property foundations, he reiterated Dark Matter Partners’ commitment to support Peratech’s ambitions in scaling up its operations. According to Bell, Peratech’s established commercial traction in vast markets solidifies its potential as a technology leader of the future.
Peratech’s significant funding illustrates strong investor confidence and sets the stage for further growth in global markets.
