The Belfast-based wearable technology company secured the backing of QUBIS and Techstart Ventures.
"AntennaWare’s patented technology can greatly increase the range and reliability of wearable wireless devices they are integrated into. The wearable devices can transmit further, with less dropouts and using less power, which helps facilitate applications thought previously impossible for medical monitoring, sports and fitness, wireless audio and wireless proximity detection."
Frontier Development Capital led a £2m debt investment to support the global rollout of immersive meeting rooms.
"As an ambitious technology company, we have carved out a strong reputation and have already partnered with many of the world’s biggest brands, with many more projects on the way. In the wake of the Covid-19 pandemic, more and more organisations are investigating our technology to find out how it can help them work faster, make better decisions, and bring together teams from around the world."
Haatch Ventures and NorthInvest led the seed round to support international expansion and product development.
"We’re thrilled to be backing such an ambitious team committed to making the switch to electric vehicles much easier and a more sustainable future for all. Diode is uniquely placed to fill a growing gap in the market and has the potential to disrupt the industry across the UK and the rest of the world."