Tessella provides science-powered technology and consulting services to large organizations. Its work includes developing smarter drug trials, preserving national digital heritage, reducing risk in oil and gas exploration, controlling satellite orbit and attitude, and researching fusion energy. The company was founded in 1980 and is based in Abingdon, UK, with operations across the UK, the Netherlands and the USA. It employs over 200 people. For the financial year ended 31 March 2012 Tessella recorded turnover in excess of £18m. Following the investment, the company will pursue further international expansion with support from its new investor.

Total raised

$28M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2012