Phlux Technology, a Sheffield, UK-based designer of infrared sensors, raised £4M in Seed funding.
The round was led by Octopus Ventures with participation from Northern Gritstone, the Foresight Williams Technology Funds, the Innovation Fund, and Innovate UK.
The company intends to use the funds to accelerate growth and expand operations.
Founded by Ben White, CEO, Professor Jo Shien Ng and Professor Chee Hing Tan, Professor Jo Shien Ng and Professor Chee Hing Tan, Phlux Technology is the designer of infrared sensors delivering a LIDAR receiver chip using Antimonides. A spin-out of the University of Sheffield, the company is building integrated subsystems and array modules to offer a high-performance sensor toolkit, which will have applications beyond LIDAR in satellite communications and enabling internet in remote regions, fibre telecoms, autonomous vehicles, gas sensing and quantum communications.
Phlux is based in one of the world’s leading centres for III-V semiconductor research, with world class research and facilities at Sheffield University, and The National Epitaxy Facility, which was awarded £12 million in funding from UK Research and Innovation (UKRI).
FinSMEs
12/12/2022