£750K
The funding round was backed by business angels and private investors, including a £189k allocation on SyndicateRoom.
"Following extensive due diligence our investor group believes Evince has a unique practical approach to realising electronics using synthetic diamond. Diamond offers the potential to yield devices that are up to 100x faster than silicon and could therefore revolutionise electronics across a broad range of industries and multi-billion dollar markets. Our investment decision was based amongst other things on the professionalism of the company’s approach, its passion and determination to succeed, and in particular its rigorous development programme to deliver first prototype solid-state diamond electronic devices."
