Cambridge CMOS Sensors, an industry leader in the design and manufacture of environmental sensors, developer of the world’s smallest and lowest power gas sensors for use in applications such as smartphones and wearable devices, has completed a new round of funding.
Rapid progress results in new funding round for Cambridge CMOS Sensors
This funding will allow us to further develop key functions and capabilities within the organisation, as we move into volume production later this year.” — Nat Edington, Chief Executive Officer at CCS
Cambridge CMOS Sensors (CCS), an industry leader in the design and manufacture of environmental sensors, has completed a significant new round of funding with support from University of Cambridge Enterprise Fund investors.
CCS, which was launched out of research from the Department of Engineering at the University of Cambridge, has developed innovative sensor solutions for monitoring hazardous gases and volatile organic compounds. The technology has a wide-range of applications in consumer, domestic, industrial, medical and automotive segments, including indoor air quality monitoring, environmental monitoring, breath analysis and gas detection.
Sensors are the fastest growing area of innovation in portable consumer electronics. In May 2014, CCS launched the CCS800 product family, the world’s smallest and lowest power gas sensors. This enables the use of CCS gas sensors in application areas that have not been physically possible before now, such as smartphones, tablets and wearable devices.
CCS has been supported throughout its development by the Seed Funds team at Cambridge Enterprise, the University’s commercialisation arm. Also investing in the latest round of funding are Parkwalk Advisors, 24 Haymarket, Cambridge Capital Group and Martlet.
“We are delighted to receive this significant new funding from our existing investor base, which is in recognition of the rapid progress we have made in the business, and the opportunities ahead of us,” said Nat Edington, Chief Executive Officer at CCS. “This funding will allow us to further develop key functions and capabilities within the organisation as we move into volume production later this year.”
Cambridge Enterprise exists to help University of Cambridge inventors, innovators and entrepreneurs make their ideas and concepts more commercially successful for the benefit of society, the UK economy, the inventors and the University.