M Squared designs and manufactures advanced photonics tools and lasers (including SolsTiS, Sprite, and Firefly) for research, industry, and education. Its products have enabled breakthroughs in quantum technology, biophotonics, and chemical sensing and are used across aerospace, defence, oil & gas, healthcare, and food & drink. The SolsTiS platform has contributed to the world’s most accurate clocks, demonstrations of teleportation of information, antimatter experiments, and development of ion-drive propulsion. M Squared is leading the UK’s largest industry-led commercial quantum computing project under the Innovate UK DISCOVERY challenge and has invested £50M year-to-date. The company says the new £32.5M financing will enable further R&D, upscaling of its quantum innovations, and development of technologies to help tackle climate change. Founded in May 2006 and led by founder & CEO Dr Graeme Malcolm OBE, M Squared positions itself to commercialise advanced photonics and quantum technologies.

Total raised

$43M

Funding rounds

2

Latest round

Debt Financing

Latest activity

Nov 2020