Phlux raises $11.7m in Series A funding led by BGF, with participation from Octopus Ventures, Northern Gritstone, and Foresight. The funds will be used to accelerate expansion into optical communications and sensing industries.
Phlux raises $11.7m in Series A funding led by BGF, with participation from Octopus Ventures, Northern Gritstone, and Foresight. The funds will be used to accelerate expansion into optical communications and sensing industries.
04/02/25, 5:36 AM
Location
sheffieldMoney raised
$11.7 million
Industry
manufacturing
Round Type
series a
Investors
Foresight, Northern Gritstone, Octopus Ventures, Bgf
Phlux has secured $11.7 million in Series A funding for its expansion into optical communications and sensing. This round was led by BGF, with existing backers Octopus Ventures, Northern Gritstone, and Foresight participating. The investment will help Phlux scale its team, ramp up production, and launch new products targeting these sectors. The company aims to enhance global connectivity through its advanced sensor technology.