We are delighted to announce that Causeway Sensors Limited has secured a £500,000 investment from Kernel Capital.
Dr Bob Pollard, chief executive of Causeway Sensors, said: "This investment is a great confidence boost for Causeway Sensors and will allow us to expedite our growth plans to commercialise and scale our technology.
"Together with continued support from both Kernel and QUBIS, the company is focused on delivering on our innovation roadmap."
Jayne Brady, partner at Kernel Capital, added: "It is great to see another Queen's University spin-out thriving.
"Causeway Sensors is a prime example of the success that can be achieved from bringing a concept through the research to commercialisation process.
"This investment will therefore help Causeway to develop the potential of its nanotechnology, and to grow and scale both nationally and internationally, while also stimulating the local economy and creating new employment opportunities in areas where Northern Ireland has world class leadership."