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Optoscribe Secures £1.2M Investment for Expansion

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LIVINGSTON, Scotland, April 28, 2016 — Optoscribe has reported a £1.2 million (about $1.8 million) investment, which it intends to use to expand personnel and manufacturing space and capabilities. Optoscribe develops 3D photonic components for use inside communications systems. Courtesy of Optoscribe. The fundraising was led by technology-focused angel fund Archangels, which provided £825,000, along with support by Edinburgh-based venture capital fund Par Equity with £325,000 and Scottish Investment Bank, which invested £50,000. Optoscribe was founded in 2010 as a spin off business from...Read full article

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    Published: April 2016
    Glossary
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
    BusinessfundingEuropeScotlandOptoscribefiber opticsmanufacturingCommunicationsarchangelspar equityScottish investment bankphotonicsEuro News

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