The Swansea University spinout secured equity funding from Swansea Innovations and the Development Bank of Wales to develop energy harvesting technologies.
Trameto, a UK-based cleantech developer based on work from Cardiff and Birmingham universities, has secured initial funding led by Swansea Innovations, the commercialisation arm of Swansea University.
The round was backed by Development Bank for Wales, a $580m state-owned investment unit launched in October 2017. Swansea invested through the Swansea University Innovation Fund, which also backs non-Swansea businesses.
Additionally, Trameto received a grant of undisclosed size from UK-state backed research board Innovate UK.
Trameto is developing semiconductors that…