Spectral Edge raises £1.5m to scale its image fusion technology and expand its team.
The investment round was supported by IQ Capital, Parkwalk Advisors and a group of angel investors.
Share allotment filed at Companies House
Spectral Edge develops image fusion and colour perception technologies to improve visual content on electronic devices. The Cambridge business originated as a spin-out from the University of East Anglia.
Cambridge-based image fusion pioneer Spectral Edge has raised £1.5m in a new funding round backed by IQ Capital, Parkwalk Advisors, Midven, Iceni and Cambridge angel groups.
The capital will be directed towards expanding the team, increasing sales and marketing efforts, and further developing the firm's core Phusion technology.
The company emerged from research collaborations at the University of East Anglia and provides technology that combines satellite, visible, thermal and infrared information to enhance image accessibility.
From the founder
"After having proved the potential of our innovative Phusion technology, this new funding provides Spectral Edge with a springboard for growth,"
Christopher Cytera
Managing Director at Spectral Edge
Use of funds
- 01Grow the team
- 02Invest in sales and marketing
- 03Continue product development
Investors
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About the company
Spectral Edge
Spectral Edge builds image fusion and colour perception technologies for electronic devices.