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24th November 2020 - 0 comments

Opteran secures £2.1m seed funding led by IQ Capital

Opteran, the Natural Intelligence company, has raised £2.1 million in seed funding. Opteran will use the funds to pioneer its radical lightweight, low cost silicon-based approach to autonomy called Natural Intelligence and expects its technology will significantly expand the potential addressable market for autonomy in machines and robotics.

The round was led by IQ Capital with Episode1, Join and Seraphim Capital also participating. Following on from a pre-seed round from the Connecting Capabilities Fund of the British Business Bank, the latest funding round also includes angel investors and a CCF grant, a part of the Northern Triangle Initiative.

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