Losses double to £20m and revenues sink at Bristol start-up Ultraleap
Losses double to £20m and revenues sink at Bristol start-up Ultraleap The company is planning to float in 2023 and has seen a spike in demand following the coronavirus pandemic 1 January 2021 • 9:00am Ultraleap, a Bristol start-up developing virtual buttons for posters and car dashboards that use ultrasound waves to simulate the sense of touch, saw losses double and revenues drop in 2019. The technology company’s latest accounts show revenues dropped to £1.4m in 2019 from £1.8m the previous year. Losses widened to £20m from £11m the previous year. Chief executive Steve Cliffe said re...