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25th July 2019

CTT set for rapid expansion following oversubscribed $10M Series B round

Cambridge Touch Technologies Ltd., the leading provider of piezoelectric UltraTouch multi-force-and-touch technology to the consumer electronics, automotive, industrial and military markets, today announced it has closed an oversubscribed $10 million Series B funding round, bringing the total amount raised to nearly $20 million. The round was led by Kureha Corporation of Japan, a leading global supplier of specialty chemicals and plastics including piezoelectric polymer film, together with participation from existing investors ParkwalkDowning Ventures, CM Ventures and Amadeus Capital Partners, and new investment from top Chinese venture capital firm Puhua Capital and Japanese automotive touch panel firm, Futaba Corporation. The University of Cambridge is also an existing investor, while Ascendant Corporate Finance provided advice on the round.

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