Seren Photonics Raises £1.8M in Equity Funding
Seren Photonics, a Sheffield, UK-based LED technology company, has raised £1.8m in equity funding.
The company intends to use the capital to purchase key capital equipment for HB LED pilot scale development and create a specialist engineering team for the transfer of its processes to its commercial manufacturing partners.
Led by CEO Dr Carl Griffiths, and Chairman Dr Godfrey Ainsworth, Seren Photonics has developed a new processing technique designed to increase the efficiency at which a high brightness (HB) LED converts an applied voltage into light and reduces heat generation under normal running conditions.
The technology, which was developed by Professor Tao Wang from the University of Sheffield, is targeted at the large and fast growing white light HB LED markets, such as back lighting for laptops and TVs, signs and displays, as well as domestic, architectural and street lighting.