$7m Series A financing supports digital power platform market entry
Cambridge, UK, Thursday 7th July, 2011 – Amantys, an energy efficiency power electronics company, today announced the successful closing of a $7 million Series A round. The new funding enables Amantys to continue with the commercialisation of its digital power switching platform.
The new funding round has been led by Moonray Investors, part of Fidelity International and ARM Holdings plc (ARM). Moonray Investors has additionally purchased the remaining external minority interests in Amantys.