Cornes has pumped more cash into Bristol's haptics technology spinout Ultrahaptics to take its total to $84.3m.
Ultrahaptics, a UK-based mid-air haptics technology developer spun out of University of Bristol, closed a £35m ($44.8m) round today backed by electronic products importer Cornes Technology.
Private equity firm Mayfair Equity Partners led the round, which also included Australian superannuation fund Hostplus, commercialisation firm IP Group and its Venture Fund II, Woodford Investment and family office Dolby Family Ventures.
Founded in 2013, Ultrahaptics specialises in a form of haptics interface that uses ultrasound to simulate the sense of touch in…
