# Chromacity

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chromacity

- Industry: Electronics
- Headquarters: Edinburgh, UK
- Website: www.chromacitylasers.com
- Total disclosed funding: $1.6M
- Latest round: Seed (Jul 1, 2024)
- Investors on record: 5

## About

Based in the United Kingdom, Chromacity Ltd. is a company focused on the development and manufacturing of high-performance ultrafast fiber lasers and tunable infrared optical parametric oscillators (OPOs) for diverse applications.Founded in 2013 and headquartered in Edinburgh, UK, Chromacity Ltd. develops advanced laser technologies. The company was established by Christopher Leburn, who has experience in previous ventures. Chromacity has secured a total of GBP 0.930 mn through funding rounds, with the most recent deal occurring on July 1, 2024, with investments from EOS Technology Investment Syndicate, Kelvin Capital, and Scottish Enterprise. The latest round raised GBP 0.930 mn, bringing the total funding raised to GBP 0.930 mn and the company's current valuation to GBP 4.697 mn.Chromacity specializes in high-performance ultrafast fiber lasers and tunable infrared optical parametric oscillators (OPOs). Its core products include fixed wavelength femtosecond lasers and advanced picosecond OPOs, designed for scientific research and industrial applications. These lasers are user-friendly, enhancing operational efficiency, and are utilized in sectors such as life sciences, fundamental research, and materials characterization. The company markets its products across North America and Europe, aiming to meet the increasing demand for advanced laser technologies.Chromacity generates revenue primarily through direct sales of its laser products and associated services within a business-to-business (B2B) model. The company partners with research institutions and industrial clients for tailored laser solutions, with transactions involving one-time purchases or larger integrated system contracts. The firm's flagship products, including the Chromacity 520 and Chromacity 1280, are priced to reflect their advanced capabilities, fostering long-term relationships that lead to repeat purchases and collaborations in research and development.In July 2024, Chromacity Ltd. received grant funding from Innovate UK, which will be utilized to launch new ultrafast laser technology aimed at healthcare applications and develop agricultural emission monitoring equipment. The company is exploring expansion into new markets, with specific plans to enhance its presence in Europe and North America, leveraging the recent funding to support these initiatives.

## Funding rounds

- Seed, Jul 1, 2024 — Kelvin Capital, Scottish Enterprise, Eos
- Seed, May 9, 2018, $0.4M — Kelvin Capital, EOS Technology Investment Syndicate, Scottish Enterprise
- Seed, Jun 21, 2017, $0.5M — Kelvin Capital, EOS Technology Investment Syndicate, Scottish Enterprise
- Seed, Dec 3, 2015, $0.8M — Kelvin Capital, EOS Technology Investment Syndicate, Investing Women, Scottish Enterprise

## Investors

- Kelvin Capital (https://capitalatlas.ai/funds/kelvin-capital) — Seed
- EOS Technology Investment Syndicate — Seed
- Investing Women — Seed
- Scottish Enterprise (https://capitalatlas.ai/funds/scottish-enterprise) — Seed
- Eos — Seed