Cambridge investors have helped tee up global expansion opportunities for a company whose industrial inspection instruments carry an environmental payback.
The investment in Phase Vision, a Loughborough University spin-out, holds broader implications for both the economy and the ‘green’ dividend as the UK’s High Value Manufacturing and engineering model gains worldwide credibility.The company has just closed a £1.5m funding round led by Cambridge-based Qi3 Accelerator along with Octopus Investments.
Other backers in the syndicate included Martlet – the angel investment vehicle launched by Marshall of Cambridge and led by Peter Cowley – Cambridge Angels and Cambridge Capital Group.
