• £4.5m investment in Surrey Nanosystems

    VENTURE

Surrey NanoSystems has developed a leading technology portfolio addressing the needs of the global nanoelectronics sector.

Its proven technologies deliver precise, ordered nanomaterial structures for advanced CMOS manufacturing processes, meeting the scaling challenges of the semiconductor industry. Surrey NanoSystems combines its expertise in device-level development with expertise in thin-film equipment design and processes to rapidly deliver solutions for a range of applications including interconnects, vias and interlayer dielectrics (ILDs) for current and future generations of integrated circuits. Surrey NanoSystems’ new class of ultra low-k CVD dielectrics exhibit properties that extend their application beyond i.c. processing.

Existing investors Octopus Ventures, IP Group and the University of Surrey agreed to follow their money, with new funding from New Wave Ventures and Parkwalk’s UK Technology II Fund.

“Q Advisors and Acuity Advisors managed our first-ever fundraising process with a high degree of professionalism and swiftness, casting a wide net and leveraging their longstanding senior-level relationships with institutional VCs and growth equity investors in the US and Europe to deliver a successful outcome for Innoveo. Their team’s knowledge of underlying technology, SaaS subscription models, and insuretech/fintech vertical was exactly what we were looking for to position Innoveo with growth equity investors. Their senior staff worked closely with my team to articulate Innoveo’s differentiation against a fragmented market backdrop and exhibit Innoveo’s unique technological, commercial, and financial attributes that made us stand out from the pack. This funding puts Innoveo on a path to accelerate growth and I look forward to continuing to work with Q and Acuity in the future.”

AMIR GHAFFAR | CEO
Innoveo

Team Members

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