£720k for PervasID's RFID tag tracking tech
received a £720,000 cash boost. PervasID has received the funding from Cambridge Enterprise, Cambridge Innovation Capital and a private investor. It has developed a passive UHF radio frequency identification tag (RFID) reader technology that enables highly reliable reading of standard, off-the-shelf passive UHF RFID tags. The tags are used to identify goods in a wide variety of settings.