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British Tuner Startup Adds to B Round



  
Mirics Semiconductor, a UK-based provider of innovative solutions for the mobile broadcast receiver market, added Acacia Capital Partners to its $12 million second round of funding. Mirics closed the round with Acacia Capital Partners joining co-investors investors Intel Capital and Pond Venture Partners.  The funding will enable Mirics to accelerate product roll-out plans and strengthen its engineering team.

Mirics Semiconductor is a start-up RF and mixed signal fabless semiconductor company delivering solutions for the mobile broadcast receiver market segment.  Founded in 2004 and based in Hampshire, UK, Mirics unveiled its first commercial product, the MSI001, which is the world's first true poly-band tuner.  Series A funding previously provided by Pond Venture Partners, Europe's largest early-stage technology fund. 

During its investment round Mirics was advised by Matt Rogers from technology investment banking company GP Bullhound.

Contact:
Simon Atkinson, CEO,
www.mirics.com
Chris Smart, GP, Acacia Capital Partners, www.acaciacp.com



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