International law firm Bird & Bird has advised Allenby Capital and Singer Capital Markets on a fundraising by AIM-listed EnSilica Plc to raise £4.9m. Ensilica is a leading fabless design house focused on custom ASIC design and supply for OEMs and system houses, as well as IC design services. The company has world-class expertise in supplying custom ICs to its international customers in the automotive, industrial, healthcare and communications markets. The funds raised will be used to strengthen the company’s balance sheet and provide additional working capital.