Optoscribe is set to increase its manufacturing capacity and engineering resource to meet significant customer demand.
Optoscribe, a leading supplier of glass-based integrated photonics components, today announced that the company has closed an investment round of £2.8 million. This funding will facilitate an expansion of current manufacturing capacity, the hiring of key engineering resource and allow the business to meet the demands of a growing customer base. The funding round was led by Archangels and supported by its other existing investors, Par Equity, Scottish Investment Bank and the Optoscribe management team. Previous investors were joined in this round by Maven Capital Partners, one of the UK’s leading private equity managers.
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