Sensima Technology, a Switzerland-based fabless semiconductor company, has raised an undisclosed amount of series B finance. All series A investors, who are from the Switzerland-based Go Beyond Investing network of business angels, have reinvested in series B. Sensima Technology will leave the B round open for the next weeks for new potential investors.
Previously, Sensima Technology closed an undisclosed series A funding round with Go Beyond Ltd in June 2012.
The series A funds will be used to fuel international expansion.
Founded in 2008, as a spin-off from Swiss Federal Institute of Technology in Lausanne, Sensima claims to have developed a breakthrough technology for magnetic sensors.