Deal Round-up 23/01/02

Opto-electronics firm secures £6m funding.

Opto-electronics firm secures £6m funding

Terahertz Photonics, a Scottish opto-electronics company, formed by academics from Heriot Watt University, has secured £6m second round funding from a group of investors including Add Partners and Scottish Equity Partners.

Scottish Equity Partners is an independent venture capital company based in Glasgow targeting UK companies operating in the microelectronics, software, communications and biotechnology & healthcare sectors. Add Partners is based in London and invests in software, technology and communication hardware as well as semi-conductors.