Oxford Technology & Innovations EIS Fund (OTIF) invests £250,005 into University of Oxford spinout company Living Optics Ltd
- Living Optics Ltd is commercialising the next generation of imaging technology
- OTIF’s investment was advised by Oxford Investment Consultants LLP and was part of a £3.3m round led by Oxford Sciences Innovation
- This is the 38th company supported by OTIF since inception in March 2015
Oxford Investment Consultants LLP (OIC) is pleased to announce a £250,005 investment from the Oxford Technology and Innovations EIS Fund (OTIF) into investment Living Optics Ltd, a company spun out in late 2019 from the University of Oxford’s Physics Department. Living Optics Ltd is aiming to redefine imaging with technology, and the investment is part of a £3.3m funding round led by Oxford Sciences Innovation.
Living Optics has developed a fast, low-cost and compact camera system based on cutting-edge breakthroughs in hardware design and software processing. This technology has the potential to revolutionise the global imaging market, extending its adoption into mainstream markets, such as consumer products, manufacturing and medical devices.
Commenting on the investment, Christopher Hall, Managing Partner of Oxford Investment Consultants LLP said “In the midst of the current challenges caused by Covid-19, we are thrilled to welcome Living Optics to the OTIF family as our 38th portfolio company. Living Optics’ goal of democratising high-end imaging with smaller, more affordable high-performance systems fits ideally with OIC’s mission to invest in and help grow companies developing and commercialising potentially transformative technologies with the goal of becoming tomorrow’s sector leaders.”
More information about Living Optics can be found here.