Phlux Technology, a Sheffield, UK-based infrared sensor startup, raised £9M in funding.
The round was led by BGF. Octopus Ventures, Northern Gritstone, and Foresight also participated.
The company intends to use the funds to drive its expansion into the optical communications and sensing markets, based on its antimonide-based semiconductor technology.
Founded in 2020 as a spin-out from the University of Sheffield by Ben White (Phlux CEO), Jo Shien Ng (Professor of Semiconductor Devices), Chee Hing Tan (Professor of Opto-Electronic Sensors), Phlux Technology designs, manufactures and markets 1550 nm infrared (IR) sensors. As a result, its Noiseless InGaAs® Avalanche Photodiodes (APD) detect signals at up to 50% greater distance in range finders, LiDAR systems, and optical fibre test equipment. The sensors are available as bare die or in industry-standard surface-mount or wire-ended packages, so can be retrofitted to existing systems.
Phlux had raised a seed funding round of £4M led by Octopus Ventures in December 2022.
FinSMEs
31/03/2025