Accel Partners, Amadeus Capital Partners and Index Ventures have led a $26.5m series-B investment in Artimi Inc, a developer of wireless semiconductors for portable certified wireless USB consumer electronics that is based in California, with research offices in Cambridge, UK.
Charcoal and natural additives company saw final bids from two banks and one direct lender
VCs including the Swiss Entrepreneurs Fund, BtoV and Ringier Digital Ventures also participated
Around 40 existing and new LPs, including British Patient Capital and the EIF, participated
Fund will invest in buyouts, recapitalisations and carve-outs of both profitable and underperforming businesses