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£1m for University Spin-Out
Wednesday 03 June 2009
A unique University spin-out company developing technology which will improve the efficiency of communications devices and help cut CO2 emissions has received a £1M equity cash boost.
Mesuro Ltd, a spin-out from Cardiff University, has received co-investment from Finance Wales plc, Fusion IP and the ERA Foundation to commercialise technology that enables the energy efficient operation of base stations in mobile communication networks and mobile phones by using less power.
Mesuro's technology has been developed as a result of over a decade’s research at the University's High Frequency and Communications Engineering Research Group at the School of Engineering.
Further Information
Cardiff University Press Release
Western Mail Article
Mesuro Ltd
Institute of High Frequency and Communications Engineering, Cardiff University
Company Formation at Cardiff University
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