Smart Antenna Technologies Ltd announced that it has received £1 million in series A round of funding led by existing investor Mercia Technologies PLC (AIM:MERC) on January 19, 2017. The transaction included participation from new investor University of Birmingham Spinout Investment Fund, a fund managed by University of Birmingham, Endowment Arm, Senetas Corporation Limited (ASX:SEN), and Mercia Technologies PLC (AIM:MERC).