Start-up behind ultra-secure microchip raises £5m
SCI Semiconductor - the UK company that has developed the world’s first memory-safe computer chip - has raised £5m to accelerate production in response to "overwhelming demand".
The heavily oversubscribed round was led by two Northern Powerhouse Investment Fund II (NPIF II) fund managers, PXN Ventures and Mercia Ventures, which are responsible for NPIF II - PXN Equity Finance and NPIF II – Mercia Equity Finance respectively.
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