What is PervasID?
PervasID is at the forefront of passive RFID technology, offering sophisticated solutions like the TrackMaster series designed to achieve near-perfect accuracy in inventory tracking. The company's innovative approach targets industries such as retail, healthcare, and industrial sectors, aiming to enhance operational efficiency and visibility. By eliminating the need for manual scanning and ensuring real-time data precision, PervasID is poised to revolutionize inventory management. Headquartered in Cambridge, UK, with operations extending to Japan and the US, the company is a key player in the deeptech innovation landscape.
How much funding has PervasID raised?
PervasID has raised a total of $4.1M across 1 funding round:
Other Financing Round
$4.1M
Other Financing Round (2024): $4.1M with participation from Parkwalk Advisors
Key Investors in PervasID
Parkwalk Advisors
Parkwalk Advisors is a prominent investor focused on university spinouts and deeptech innovations, particularly those emerging from UK institutions. They provide crucial funding and strategic support to help nascent technologies transition from academic research to commercial viability, specializing in sectors like AI, Quantum Computing, HealthTech, and CleanTech.
What's next for PervasID?
This major enterprise-level funding marks a pivotal moment for PervasID, signaling a strong belief in its technology and market potential. The strategic investment is expected to fuel further research and development, accelerate market penetration, and scale operations to meet growing global demand. PervasID is likely to leverage this capital to expand its product offerings, enhance its sales and distribution networks, and solidify its position as a leader in accurate, passive RFID solutions for complex inventory challenges.
See full PervasID company page
