Led · Equity · Sep 2024

Peratech develops QTC-based force sensing, leading haptic feedback, and Hydra user-interface software that adds AI-based interface intelligence. Its product set includes haptic trackpads, force-enabled keyboards and other controllers for PCs and gaming, and in-cabin automotive interfaces. The company plans to commercially launch personal computing and automotive product ranges and to accelerate profitable revenue growth in proven products. Peratech reports commercial launches with key electronics leaders and says its technology improves safety and engagement in automotive cabins. The business emphasizes strong IP foundations underpinning its platform and control firmware/software that aim to make user interfaces more intuitive and productive. Peratech is a Richmond, England, UK–based developer of 3D force-sensing technologies. It has developed proprietary Quantum Tunnelling Composite (QTC®) technology that enables intuitive and safe human–machine interfaces via thin, flexible force sensors. The company targets Consumer and Automotive Electronics, Smart Home & Appliances, and industrial applications. Led by CEO Jon Stark, Peratech intends to use new funding to further scale product engineering and manufacturing efforts. The disclosed financing of $12.4M (£9.2M) is intended to support commercialization and production scale-up. Peratech develops touch technology solutions built on its Quantum Tunnelling Composite (QTC) technology. The company works with manufacturers to add new functionality to existing touch designs or to develop simpler, more reliable new designs. It recently closed licensing agreements with Nissha and Samson Electro-mechanics for 3D input technology for mobile phones. Peratech raised external capital to fund further research and development into its QTC technology. The company plans to use proceeds to grow its sales into overseas markets. The business is headquartered in Richmond, UK.