{"id":1923,"date":"2017-10-24T11:01:25","date_gmt":"2017-10-24T10:01:25","guid":{"rendered":"https:\/\/engineernewsnetwork.com\/blog\/?p=1923"},"modified":"2017-10-24T11:01:35","modified_gmt":"2017-10-24T10:01:35","slug":"peratech-raises-12-4m-in-financing-from-to-scale-up-technology-solutions","status":"publish","type":"post","link":"https:\/\/www.engineernewsnetwork.com\/blog\/peratech-raises-12-4m-in-financing-from-to-scale-up-technology-solutions\/","title":{"rendered":"Peratech raises $12.4m in financing from to scale up technology solutions"},"content":{"rendered":"<span class=\"highlight highlight-blue\"><a href=\"http:\/\/www.peratech.com\" target=\"_blank\" rel=\"noopener\">Peratech<\/a><\/span>, a leader in 3D force-sensing technologies, announced it has subscribed $12.4 million (\u00a39.2 million) to the round of funding, led by Merck Ventures the venture capital wing of Merck, along with Arie Capital and existing investors.<\/p>\n<p>This investment sends a clear signal of confidence in Peratech\u2019s proprietary Quantum Tunnelling Composite (QTC) technology to enable more intuitive and safe human-machine interfaces (HMI), while reducing accidental or false touches.<br \/>\n<script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br \/>\n<ins class=\"adsbygoogle\" style=\"display: block; text-align: center;\" data-ad-format=\"fluid\" data-ad-layout=\"in-article\" data-ad-client=\"ca-pub-7565662001938327\" data-ad-slot=\"7585079586\"><\/ins><br \/>\n<script>\n(adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><br \/>\nSven Harmsen, Investment Director with Merck Ventures said: \u201cLeading Peratech\u2019s round of financing underlines Merck Ventures\u2019 ambition to invest in game-changing materials innovations.<\/p>\n<p>\u201cWe are excited to see Peratech develop and commercialise a technology that has the potential to disrupt the way we use touch sensing in the mobile, automotive, industrial, and medical device markets.<\/p>\n<p>\u201cThe timing is right as leading OEMs (original equipment manufacturers) in these markets are starting to deploy innovative HMIs utilising force and 3D touch.<\/p>\n<p>\u201cPeratech\u2019s technology is ready for commercial use and it can further scale its product engineering and manufacturing.\u201d<\/p>\n<p>Simon Tobelem, Founder at Arie Capital, agreed saying: \u201cWe are impressed with the talented team, strong IP portfolio, and variety of potential applications for QTC technology. Our investment in Peratech aligns with our core components for communication and mobile technologies such as IoT connectivity and gesture recognition chips.<\/p>\n<p>\u201cThis round provides the company with enough resources to better address these markets where its 3D force-touch technology has the potential to be very disruptive.\u201d<\/p>\n<p>\u201cThe strong financial backing from our new and current investors enables Peratech to accelerate new-product integration for market leaders in a variety of applications.\u201d said Jon Stark, Peratech\u2019s CEO. \u201cThis investment also gives us the bandwidth not only to commercialise current solutions, but to complete development of transparent and higher-resolution sensor technologies with new deposition modalities for a wider range of next-generation human-machine experiences.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Peratech, a leader in 3D force-sensing technologies, announced it has subscribed $12.4 million (\u00a39.2 million) to the round of funding, led by Merck Ventures the venture capital wing of Merck, along with Arie Capital and existing investors. This investment sends a clear signal of confidence in Peratech\u2019s proprietary Quantum Tunnelling Composite (QTC) technology to enable &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1926,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[199],"tags":[643,642,640,641],"class_list":["post-1923","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-news-views-and-opinion","tag-arie-capital","tag-merck-ventures","tag-peratech","tag-quantum-tunnelling-composite-technology"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Peratech raises $12.4m in financing from to scale up technology solutions - Engineer News Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.engineernewsnetwork.com\/blog\/peratech-raises-12-4m-in-financing-from-to-scale-up-technology-solutions\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Peratech raises $12.4m in financing from to scale up technology solutions - Engineer News Network\" \/>\n<meta property=\"og:description\" content=\"Peratech, a leader in 3D force-sensing technologies, announced it has subscribed $12.4 million (\u00a39.2 million) to the round of funding, led by Merck Ventures the venture capital wing of Merck, along with Arie Capital and existing investors. 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