Tech Company Financing Transactions

Silicon Microgravity Funding Round

Oxford Innovation, UK Innovation & Science Seed Fund and Defence and Security Accelerator (DASA) invested in a $2.2 million funding round for Silicon Microgravity. The funding round was announced by the company on 3/28/2023.

Transaction Overview

Company Name
Silicon Microgravity
Announced On
3/28/2023
Transaction Type
Venture Equity
Amount
$2,222,000
Round
Undisclosed
Investors

Oxford Innovation (Lead Investor)

UK Innovation & Science Seed Fund (Lead Investor)

Defence and Security Accelerator (DASA)

Oxford Innovation Finance

Proceeds Purpose
This new investment provides us with the funding to take our game changing technology to commercialisation, helping deliver the UK government's semiconductor and technology strategy. Our Inertial sensors are already gaining strong industry interest globally with a major aerospace and defence contractor having already placed contracts.

Company Information

Company Status
Private & Independent
Industry
Nanotechnology
Mailing Address
G3, Blenheim House Cambridge Innovation Park, Waterbeach
Cambridge, CB25 9GL
UK
Phone
Undisclosed
Website
www.silicong.com/index.html
Email Address
Undisclosed
Overview
Silicon Microgravity is a ground breaking, platform technology company based on our proprietary resonant MEMS technology with a focus on the global motion and gravity markets. We are developing high performance accelerometers and gyroscopes with a small form factor and the ability to be volume manufactured that will disrupt the motion sensing markets. Our MEMS accelerometer and gyroscope technology will be integrated into a wide range of inertial navigation systems delivering MEMS based tactical and navigation grade sensing. Applications are wide ranging in markets such as defence, aerospace, autonomous vehicles and robotics.
Profile
Silicon Microgravity LinkedIn Company Profile
Social Media
Silicon Microgravity Company Twitter Account
Company News
Silicon Microgravity News
Facebook
Silicon Microgravity on Facebook
YouTube
Silicon Microgravity on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Francis Neill
  Francis Neill LinkedIn Profile  Francis Neill Twitter Account  Francis Neill News  Francis Neill on Facebook
Chief Technical Officer
Oguz Gelal
  Oguz Gelal LinkedIn Profile  Oguz Gelal Twitter Account  Oguz Gelal News  Oguz Gelal on Facebook
Co-Founder
Alper Yurder
  Alper Yurder LinkedIn Profile  Alper Yurder Twitter Account  Alper Yurder News  Alper Yurder on Facebook

 

 

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Prev: 3/28/2023: Norsepower venture capital transaction
Next: 3/28/2023: Genialis venture capital transaction

 

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