# Phlux Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/phlux-technology

- Industry: Electronics
- Headquarters: Sheffield, UK
- Website: www.phluxtechnology.com
- Total disclosed funding: $16M
- Latest round: Series A (Mar 31, 2025)
- Investors on record: 6

## About

Founded in 2020 by Ben White (CEO), Jo Shien Ng, and Chee Hing Tan, and based in Sheffield, UK, Phlux Technology Ltd is a spin-out of Sheffield University, and operates as a manufacturer of LIDAR (light detection and ranging) infrared sensor systems that are used for robotics and self-driving machines. In March 2025, Phlux Technology Ltd raised GBP 9 million in series A funding led by new investor Business Growth Fund, with participation from returning investors Octopus Investments, Northern Gritstone and Foresight Williams Technology. Phlux develops high-performance infrared sensors that help in improving the performance of laser rangefinders, LIDAR, fiber sensing, and imaging systems that operate at wavelengths ranging from 1000 nm to 1700 nm. The company will use the March 2025 funding to expand into the optical communications and sensing markets, based on its pioneering antimonide-based semiconductor technology.

## Funding rounds

- Series A, Mar 31, 2025, $12M — BGF Investment Management, Octopus Investments, Northern Gritstone, Foresight Williams Technology
- Seed, Nov 24, 2022, $4.2M — Innovate UK, Octopus Investments, Northern Gritstone, Foresight Williams Technology, Innovation Fund

## Investors

- Innovate UK — Seed
- Octopus Investments (https://capitalatlas.ai/funds/octopus-investments) — Seed, Series A
- Northern Gritstone (https://capitalatlas.ai/funds/northern-gritstone) — Seed, Series A
- Foresight Williams Technology (https://capitalatlas.ai/funds/foresight-williams-technology) — Seed, Series A
- Innovation Fund (https://capitalatlas.ai/funds/innovation-fund) — Seed
- BGF Investment Management (https://capitalatlas.ai/funds/bgf-investment-management) — Series A