Venture Capital
The company will use the investment to scale and commercialise its tech, it said. : A Bristol company that has developed touchless technology used by brands including PepsiCo and Lego has raised £60m in a Series D funding round. Ultraleap will use the investment to scale and commercialise its tech for existing and next-generation computing platforms, it said. The company’s new investors include Chinese multinational technology conglomerate Tencent; British Patient Capital through its Future Fund: Breakthrough programme; and Hong Kong-based CMB International. The firm’s existing shareholders are Mayfair Equity Partners and IP Group plc, which also invested in the round.