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LM Technologies
- Market:
- VC
- Type:
- Investment
- Industry:
- Electronic & Electrical Equipment
- Raised:
- Undisclosed
- Date:
- Nov 2008
Contacts
CEO: Mike Sims 08700 662740
Advisers
Berkeley CourtBorough Road
Newcastle under Lyme
ST5 1TT Lewis Griffiths
01782 715555
Comment
MTSF has just completed an investment as part of a syndicate into LM Technologies for a significant minority equity stake in the business.
LM Technologies, founded by Mike Sims and Lee Parry, is developing innovative wireless products including the world’s smallest Bluetooth adapter. LM Technologies already has a range of cutting edge data connectivity products utilising Bluetooth, Wi-Fi and mobile phone technology. The investment from Mercia Technology Seed Fund will enable the Company to invest in its technical capability and accelerate the development of new products based on the very latest wireless technology.
Head Office
LM Technologies Ltd
66-68 Hagley Road
Birmingham B16 8PF
United Kingdom
Tel: 08700 662740
Fax: 08701 127636
Legal adviser to the investor:
Mills & Reeve: Zickie Lim, Tel: +44 1223 222482 Email: zickie.lim@mills-reeve.com
Legal adviser to LM Technologies:
Hacking Ashton: Jennifer Kelly, e. j.kelly.commercial@hackingashton.co.uk, t. 01782 382268
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