Cambridge Enterprise has returned to back Silicon Microgravity, which builds on collaborative research between the university and BP.
Silicon Microgravity, a UK-based oil and gas surveillance provider based partly on University of Cambridge research, has received $7m in a round featuring tech transfer office Cambridge Enterprise.
Commercialisation firm IP Group also backed the round, together with its fund management subsidiary Parkwalk Advisors and BP Ventures, the corporate venturing arm of oil and gas producer BP.
Silicon Microgravity is developing highly sensitive microelectromechanical sensors (Mems) that enable more accurate monitoring, appraisal and production from oil and gas installations.
The technology is underpinned…