Funding round closed
Nujira has closed a $9.8 million second round to further the development of its power amplifier technology for the wireless industry. The round was co-led by current investors 3i plc and Amadeus Capital Partners. Cambridge Gateway Fund, Cambridge Capital Group and the Cambridge Angels all followed on.
The high power consumption of current 3G networks is a serious cause of concern for all operators, and most are setting targets for reducing the power consumption, and hence environmental impact, of their networks. Nujira says power amplifier efficiencies of at least 50 percent are needed to achieve these targets, and the company says it has a lead over other vendors in providing solutions.
The Cambridge-based company’s Nujira’s High Accuracy Tracking (HAT) technology provides an improvement in the efficiency of RF (radiofrequency) power amplifiers. This makes it possible to design smaller, cheaper and significantly more power-efficient 3G/WiMAX base stations and DVB systems.
Mike McTighe, Nujira’s non-executive chairman, said, “We have demonstrated our HAT technology to the infrastructure OEMs in all the major markets, and it is currently being evaluated by more than half of [them].”
The company said the new money would enable it to ramp up the manufacture of HAT modulators and further commercialise the technology. The funding will also be used to broaden the product range to address a wider market.
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