Manchester-based PhovIR secured €3.6 million in an oversubscribed seed round. Northern Gritstone and SCVC led the investment.
PhovIR, a University of Manchester spinout, develops advanced Near Infra-Red (NIR) optical sensor technology. Founded in 2020, the company creates ultra-compact, silicon-based NIR sensors. These sensors use MEMS technology and configurable software, offering a lightweight and affordable alternative to traditional solutions.