£200K
The fresh capital from Maven Cognition will support the international expansion of PervasID and its TrackMaster system.
P
PervasID
PervasID develops radio frequency identification technology for asset tracking.
Cambridge, UK—Founded 2011
£5.1MTotal raised
PervasID is a Cambridge based university spin out that develops radio frequency identification technology with high detection rates.
Filed accounts
Cash at bank
Members only
Net current assets
Members only
Total assets less current liabilities
Members only
Net assets
Members only
Shareholders' funds
Members only
Fixed assets
Members only
Cash, assets and headcount from PervasID's latest Companies House filing — with year-on-year movement, free with a Winfred account.
Categories
Founders
Sabesan Sithamparanathan
President
Sabesan founded PervasID and serves as its president. He has also held research and enterprise fellowships at Girton College, University of Cambridge.
LinkedInPS
Pete Sithamparanathan
Industry Expert
Investors
- £200K
- £3.3M
- £1.6M
Funding history
£3.3M
The funding round was led by Parkwalk Advisors with participation from the Finance Durham Fund and NPIF II Maven Equity Finance.
£1.6M
Angel investors and Cambridge funds backed the Series A round alongside an Innovate UK grant.