Sembarc Ltd to receive Invest Growth Fund investment

Friday 29 January 2010

Northern Ireland's £5m Invest Growth Fund (IGF) has completed its fourth investment in Sembarc Ltd as part of a financing round from the IGF, Business Angels and other sources of financial support

Sembarc is a leading edge telecoms design company, supplying Intellectual Property solutions targeted at the Next Generation telecoms transport market segment. Sembarc is built around a carrier-class design team specialising in telecoms Silicon Design with Embedded Software and System Architecture (the company is named after these three founding disciplines).

The Invest Growth Fund is one of a new array of early growth support schemes known as NISPO. The fund is provided by Invest Northern Ireland. The Invest Growth Fund provides equity investment capital up to £250k for high growth businesses