Oxford Technology & Innovations EIS Fund (OTIF) subscribes to Living Optics’ £20m Series A funding round
- Living Optics, an Oxford-based imaging company, has closed a £20m Series A financing led by Octopus Ventures, one of UK’s leading VC firms, alongside support from existing investors.
- The investment will be used to further scale the team as the company builds on its position as a record holder in many of the most important computational imaging metrics.
Oxford Investment Consultants LLP (OIC) is pleased to announce that the Oxford Technology & Innovations EIS Fund (OTIF) has subscribed to Living Optics’ £20m Series A funding round. The round was led by Octopus Ventures, one of UK’s leading VC firms, with support from existing investors Oxford Science Enterprises, Braavos Partners and Foresight Williams.
Living Optics, a deeptech spinout from Oxford University, is leading a revolution in computer imaging technology. The company is transforming facets of computational imaging to be more informative and efficient. The Series A funds will be used to continue growing a team with world-leading engineering and scientific expertise.
Commenting on the OTIF investment, Freddie Hamilton of OIC said: “Since investing in the 2020 Seed round, we’ve been excited to follow Living Optics’ progress bringing its ground-breaking technology to life. We’re thrilled to continue our journey with the team and our new co-investors as the Company continues to address the most pressing and exciting problems in computational imaging.”
Further information on OIC, OTIF and Living Optics can be found at https://www.oxfordinvestmentconsultants.com/