Vector Photonics raises funds, grants for PCSEL R&D
Vector Photonics Ltd. (Glasgow) has received £1.667 million of equity investment and £1.27 million of additional research funding, for the continued commercialisation of its, photonic crystal surface emitting laster (PCSEL) technology.
The company claims the technology can revolutionise semiconductor laser manufacture, enhancing performance in applications as diverse as next-generation datacentres, co-located optics, AI, metal and plastic printing, lidar, and optical sensing.
Neil Martin, CEO of Vector Photonics, said, the latest injection of funds would provide a strong financial base to continue the development and commercialisation of its PCSEL technologies.
The equity investment comes from four companies, all of which have invested in Vector Photonics previously. Foresight WAE Technology Funds, UK Innovation & Science Seed Fund, Equity Gap and Scottish Enterprise.
The research funding comprises two development projects. The first, FRONTIERS, is a £670,000, revenue-generating, development project for free-space optics, funded by the Small Business Research Initiative (SBRI). The second, GRAPHICS, is a £600,000, Innovate UK-funded grant, in collaboration with the University of Glasgow, developing Gallium Nitride (GaN) material processing expertise. This could lead to blue and green lasers that consume 70 percent less power than equivalent LEDs, the company claims.
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