Octopus invests in UltraSoC

Cambridge-based debugging technology specialist UltraSoC Technologies has secured £2 million from Octopus Investments.


Cambridge-based debugging technology specialist UltraSoC Technologies has secured £2 million from Octopus Investments.

Debugging technology specialist UltraSoC Technologies has secured £2 million from Octopus Investments.

UltraSoc is developing technology that could be embedded into devices from cars to mobile phones in order to resolve problems in the software that is responsible for those devices’ performance and functionality.

The Series A investment from Octopus will help UltraSoc develop its technology further with the aim of producing a product that can be licensed to manufacturers. It will enable an expansion of the technical and marketing teams at the company’s headquarters in Cambridge.

The company’s technology has been heavily funded by the Engineering and Physical Sciences Research Council, which provided approximately £2 million during the research stage. This was followed by several ‘proof of concept’ awards and a seed round of £400,000 from the South East Seed Fund and Iceni Seedcorn Fund which enabled UltraSoC to open its Cambridge office.

Founded in 2006 by Dr Karl Heeks, now CEO, and Professor Klaus McDonald-Maier, UltraSoc was spun out of the Universities of Kent and Essex in 2008.

Nick Britton

Lexus Ernser

Nick was the Managing Editor for growthbusiness.co.uk when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...

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