UK startup raises £1million

The investment, from Finance Wales, Fusion IP and the ERA Foundation was awarded to Cardiff based Mesuro, one of Fusion IP's first spin out from Cardiff University. Mesuro has researched technology that enables the efficient operation of base stations in mobile communication networks by using less power. According to the company, this ensures the efficient design and operation of power amplifiers, a key component within mobile phone networks. Richard Emsley from Mesuro hoped that this could lead to global economic and environmental benefits for the communications industry. He observed: "Modern mobile phones contain a number of wireless applications such as, Bluetooth, WiFi and the phone itself. All these technologies rely on power amplifiers to broadcast the signal and are notoriously power hungry components. Mesuro's technology allows the mobile phone manufacturer to make their power amplifiers operate closer to theoretical efficiency, something which has not previously been possible. For the mobile phone user this means increased battery life and no more hot ears after long phone calls (hot phones are a sign that the power amplifier is not working efficiently, as it is creating heat not signal). For the mobile phone companies it means reduced power consumption and lower electricity bills, and for the planet it means lower CO2 emissions." Mesuro Ltd is one of Fusion IP's first spin out companies from Cardiff University. Steve Smith, director of early stage Investments at Finance Wales, added: "Through our partnership with Fusion IP, we quickly identified that Mesuro had developed pioneering technology for the rapid design and development of test and measurement systems for users of high frequency power amplifiers. Working in partnership with the company and our co-investment partners we were able to structure an investment package that affords Mesuro the opportunity to complete its product development and achieve its all important first sales."