Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > OMBU Group Invests £3 Million of Growth Capital in Phase Focus: Fourth investment completed in 12 months for new UK Investment Company

Abstract:
Ombu Group ("Ombu") a new, UK investment company, announces that it is investing £3 million of growth capital into nanotech imaging company Phase Focus Ltd. ("Phase Focus" or "the Company").

OMBU Group Invests £3 Million of Growth Capital in Phase Focus: Fourth investment completed in 12 months for new UK Investment Company

Sheffield, UK | Posted on July 4th, 2012

Phase Focus is a UK company, based in Sheffield, that has developed and is now commercialising a revolutionary lensless imaging technology , the Phase Focus Virtual Lens®, that eliminates the need for conventional focussing devices (such as a glass lens) in microscopy and transfers the image-producing step to a computer programme. This process can generate high definition images of an object without the need for the high quality lenses that account for a significant element of the cost of high-performance microscopes, as well as enabling unprecedented clarity and accuracy in the observation and analysis of materials, processes and products.

By eliminating the need for conventional focussing devices, the Virtual Lens enables new applications and novel analytical capabilities in markets as diverse as optical, life sciences and semiconductor process control, and in multiple wavelength regimes - such as visible light, X-ray, electron, and more. By integrating their Virtual Lens Technology into existing products and into new microscopy and imaging instruments via collaborations with leading analytical equipment vendors, the Company can develop a wide range of new analytical tools that can span all aspects of the nanotechnology industry. Ombu's investment will allow Phase Focus to accelerate the commercialisation of its technology across its existing application areas as well as invest in R&D to develop new tools and applications.

The Company is the fourth UK advanced technology company Ombu has backed since its launch in May 2011. Phase Focus, like all of Ombu's companies, is based on world-class UK innovation, has recently broken through into selling its products and services, and will use Ombu's capital and management support to expand rapidly in the UK and overseas.

Commenting on the investment, Stephen Brooke, CEO of Ombu Group said: "Ombu Group is dedicated to backing cutting-edge UK advanced technology companies that have the potential to grow into substantial, durable businesses. This is a fantastic opportunity for us to partner with a company with remarkable technology that has just broken through into its full commercial phase. We had tracked Phase Focus for a few years before now and had always been amazed by the technology, so it is great to be able to back a team we have seen deliver and support them as they seek to grow their business. We really look forward to working closely with Ian, his talented team and Fusion IP along with the company's other existing shareholders to build on the great work they have done over the last few years."

Ian Pykett, CEO of Phase Focus, added: ""Phase Focus has achieved a huge amount with our technology now developed, proven and selling in the market. The opportunities for our technology are enormous so we are incredibly excited about what lies ahead for our company. We only wanted to bring in another partner if we felt they could clearly help us to accelerate our specific growth plans and are pleased to have found such a partner in Ombu."

####

For more information, please click here

Contacts:
Ombu
Stephen Brooke
CEO
Tel: + 44 (0) 20 7752 0865
Tavistock Communications
John West / Teresa Towner
Tel: +44 (0)20 7920 3150

Copyright © Ombu Group

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

World's fastest man-made spinning object could help study quantum mechanics July 20th, 2018

Relax, just break it July 20th, 2018

Future electronic components to be printed like newspapers July 20th, 2018

The relationship between charge density waves and superconductivity? It's complicated July 19th, 2018

Imaging

Oxford Instruments’ 22 Tesla superconducting magnet system commissioned at the UAM, making it the most intense magnetic field available outside a large international facility July 12th, 2018

Alzheimer's breakthrough: Brain metals that may drive disease progression revealed: In brains affected by Alzheimer's, researchers identify chemically reduced iron species, with mineral forms including a magnetic iron oxide June 22nd, 2018

Collaboration yields discovery of 12-sided silica cages June 20th, 2018

Powering the 21st Century with Integrated Photonics: UCSB-Led Team Selected for Demonstration of a Novel Waveguide Platform Which is Transparent Throughout the MWIR and LWIR Spectral Bands June 19th, 2018

VC/Funding/Angel financing/Loans/Leases/Crowdfunding

180 Degree Capital Corp. to Provide Live Remote Access to Its Annual Meeting of Shareholders on June 12, 2018 June 12th, 2018

180 Degree Capital Corp. Reports Net Asset Value per Share of $2.60 as of December 31, 2017; A Decrease of 3.0% From Prior Quarter and an Increase of 11.1% From December 31, 2016 February 27th, 2018

Nanowire LED Innovator Aledia Announces €30 ($36M) Million Series-C Financing: Intel Capital Joins Existing Investors to Commercialize Certain Nanowire-LED Technologies for Mobile Displays January 29th, 2018

180 Degree Capital Corp. Leads Investment in TheStreet, Inc.; Investment Enables Removal of Capital Structure Overhang November 14th, 2017

Investments/IPO's/Splits

Nanometrics to Participate in the 10th Annual CEO Investor Summit 2018: Accredited investor and publishing research analyst event held concurrently with SEMICON West and Intersolar 2018 in San Francisco June 28th, 2018

180 Degree Capital Corp. to Provide Live Remote Access to Its Annual Meeting of Shareholders on June 12, 2018 June 12th, 2018

Nanometrics Updates Time of Webcast at Stifel 2018 Cross Sector Insight Conference June 12th, 2018

Arrowhead Pharmaceuticals to Present at Upcoming June 2018 Conferences May 31st, 2018

Announcements

World's fastest man-made spinning object could help study quantum mechanics July 20th, 2018

Relax, just break it July 20th, 2018

Future electronic components to be printed like newspapers July 20th, 2018

The relationship between charge density waves and superconductivity? It's complicated July 19th, 2018

Tools

Relax, just break it July 20th, 2018

The relationship between charge density waves and superconductivity? It's complicated July 19th, 2018

Oxford Instruments’ 22 Tesla superconducting magnet system commissioned at the UAM, making it the most intense magnetic field available outside a large international facility July 12th, 2018

Nanometrics to Announce Second Quarter Financial Results on July 31, 2018 July 12th, 2018

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project