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5 December 2017

Opsydia mines funding

The optical systems designer has received cash from the Parkwalk Opportunities Fund, approximately four months after being spun out of Oxford.

Author: Thierry Heles, editor

Opsydia, a UK-based bespoke optical systems and laser fabrication processes designer spun out from University of Oxford, has raised an undisclosed sum from investment firm Parkwalk Advisors.

The firm invested through its Parkwalk Opportunities Fund, which operates under the UK government’s tax incentive program Enterprise Investment Scheme.

Founded in July 2017, Opsydia has developed technology for bespoke optical systems and laser fabrication processes for complex applications. The spinout’s approach enables materials processing that was hitherto impossible.

The spinout is based on research at the institution’s Department of Engineering Science. The company has not yet revealed any additional details.

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