Funding increase for corporations behind physique wave antenna know-how
From left: Oisin Lappin from QUBIS, Dr. Gareth Conway from AntennaWare, Hal Wilson from Techstart Ventures, and Dr. Matthew Magill of AntennaWare.
AntennaWare, which was founded as a spin-out from Queen’s University Belfast in December 2020, has raised the support through a seed funding round led by QUBIS, the commercial arm of the university.
The round included an investment from Techstart Ventures’ Techstart NI as part of Invest Northern Ireland’s Access to Finance fund suite.
AntennaWare co-founders Dr. Matthew Magill from Larne and Dr. Gareth Conway have nearly 25 years of wearables experience and have conducted extensive research at the QUB’s Institute of Electronics, Communications and Information Technology (ECIT).
Dr. Originally from the Craigyhill area, Magill is a former student of St. Anthony’s Primary School and Garron Tower.
After studying electrical engineering at Queen’s, he later did a PhD in wireless communications for wearables. “The focus was on the medical side, but we also identified a niche in the lifestyle wearables market,” added Dr. Magill added.
AntennaWare’s patented technology can significantly increase the range and reliability of the portable wireless devices in which they are integrated.
It does this primarily through the use of body waves, which provide a solution for blocking wireless signals from the human body.
“The handheld devices can continue to transmit, with fewer dropouts and less power, facilitating applications previously thought impossible for medical surveillance, sports and fitness, wireless audio, and wireless proximity sensing,” added Dr. Magill added.
Meanwhile, the company’s funding will make it easier to develop prototypes and make the technology accessible to potential customers – an element previously hampered by lockdown restrictions in the past six months.
AntennaWare co-founder Dr. Gareth Conway said, “We are excited to partner with QUBIS and Techstart Ventures that have enabled us to commercialize our world-leading antenna research. We are confident that our antenna technology will be the number one choice in the exciting and rapidly growing wearable technology sector. “
Hal Wilson, Partner at Techstart Ventures, added, “Gareth and Matt saw an opportunity to commercialize their unique technology in a number of exciting and growing markets. We look forward to becoming your investment partner to help you achieve your ambitions. “
Oisin Lappin, Corporate Finance Manager at QUBIS, said: “We are excited to support AntennaWare in taking the next steps in the market. Wireless connectivity is becoming more and more common in our daily life. AntennaWare has exciting patented technology with application in a variety of markets including healthcare and sports. “
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