Cambridge Uni spinout raises £3.25m for ‘world-leading’ tech

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Cambridge Uni spinout raises £3.25m for ‘world-leading’ tech - BusinessCloud

Quick Summary:

A Cambridge University spinout has raised £3.25 million to expand the adoption of its inventory tracking technology.

PervasID is described as a world leader in RFID (Radio Frequency Identification) tech.

With the rollout of Trackmaster 2x, the company is on a rapid growth trajectory and is a great example of the world-class innovation that is coming out of the Cambridge University ecosystem.