INVEST RAISE ABOUT INSTITUTIONAL arrow_back BACK 07 June 2018 Venture capital fund Downing Ventures has participated in a £4 million Series A1 funding round for Cambridge Touch Technologies Limited (CTT). Spun out of the University of Cambridge in 2011, CTT is a leading developer of AI-powered 3D touch technologies that can be used across a wide range of smart devices, from smartphones and tablets to automotive and industrial technologies. CTT’s technology uses a variety of sensors to allow people to use multi-touch on their device. For example, smart device users will be able to zoom, drag, peek and select options all with a simple press touch. 3D touch technology is currently being deployed by all leading mobile and smart device makers but, unlike many existing approaches, CTT’s technology can be scaled across various sizes of displays and is significantly cheaper to implement. CTT is already working with suppliers and partners, including display panel manufacturers, to help facilitate the mass adoption of its technology in the near future. Downing Ventures has invested through its EIS fund alongside existing investors Parkwalk Advisors, Cambridge Enterprise and Amadeus Capital Partners. Shanghai-based China Materialia joins Downing Ventures as a new investor in this latest funding round. Richard Lewis, Investment Director at Downing LLP, added: “CTT is a truly innovative 3D touch platform. Thanks to the world class team, the business has been able to develop a low cost architecture that has the potential to disrupt the global touch screen market and we’re looking forward to helping the company achieve these ambitions.” - ends - For all press enquiries, please contact: Pamela Morris, PR Director at the lang cat 0131 202 6037 / 07712 515 503 pamela@langcatfinancial.com Jean Birrell, Downing LLP 07799555353 jean.birrell@downing.co.uk Downing Home Our story The team News & views Responsible investing Careers Contact us Invest Bonds EIS Estate planning Downing Fund Managers VCT Existing investor Investor centre Institutional Institutional investors Infrastructure asset management Raise Development Capital Energy Healthcare Leisure Property Wholesale Finance Ventures Ventures home About ventures Portfolio Ventures team Ventures careers Legal & support Privacy & cookie policy Information Security Policy Statement Terms and conditions Terms of business Inducement disclosure FAQs Pillar III Modern slavery statement Fraud prevention Complaints Social Twitter LinkedIn Downing LLP does not provide advice or make personal recommendations and investors are strongly urged to seek independent advice before investing. Investments offered on this website carry a higher risk than many other types of investment and prospective investors should be aware that capital is at risk and the value of their investment may go down as well as up. Any investment should only be made on the basis of the relevant product literature and your attention is drawn to the risk, fees and taxation factors contained therein. Tax treatment depends on individual circumstances of each investor and may be subject to change in the future. Past performance is not a reliable indicator of future performance. Downing LLP is authorised and regulated by the Financial Conduct Authority (Firm Reference Number 545025). Registered in England No. OC341575. Registered Office: St Magnus House, 3 Lower Thames Street, London EC3R 6HD. VAT Number: 112 940 149 We use cookies to ensure that we give you the best experience on our website. Click here for more information. DISMISS