Funding Announcements

"I am delighted to join Den and build the business into a global Smart Home brand. By creating user-friendly solutions that bring together the largely separated standard non-wireless switching market and the home automation market, Den is on a mission to power millions of homes around the world. The brand potential in a mass-international is limitless and we are delighted to bring a host of new investors into the fold. The plan is to to drive Den towards a £100 million valuation by the end of 2018 in preparation for a successful acquisition by 2020."

"Avery Dennison works with more than 10,000 converters, brand owners and retailers worldwide, making them an ideal supply chain partner to deliver solutions based on our unique technology. We appreciate the confidence in our business reflected by this investment from Avery Dennison, as well as continued strong backing from CIC and ARM"

"this funding has come about as a result of the excellent work of the Keit team in developing the technology and the unambiguously positive reaction from the trial work with customers. We are delighted to have a supportive set of like-minded institutions backing our development and growth."

"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."