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M Squared Announces $43.4M in Financing

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Photonics and quantum technology developer M Squared announced £32.5 million in financing to accelerate growth and advance quantum technology.

Santander UK is providing a £20 million debt facility that allows the company to fund the acquisition of a substantial part of BGF’s current shareholding, as well as to fuel the next state in business and technological growth. The Scottish National Investment Bank will provide £12.5 million in growth capital.


Photonics Spectra
Feb 2021
GLOSSARY
quantum
Smallest amount into which the energy of a wave can be divided. The quantum is proportional to the frequency of the wave. See photon.
Businesslasersfinancingfundingquantumgrowthgrowth capitalBGFSantanderSantander BankSantander UKM Sqaured LasersM SquaredM Squared LasersM Squared Lasers Ltdlight speed

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