Braveheart, the technology commercialisation and investment management company, has made an investment in Livingston, Scotlan-based Conjunct.
Scottish Enterprise’s Scottish Co-investment Fund and LINC Scotland also invested alongside Braveheart and its clients in the £280,000 funding package.
Conjunct was formed in 2004 to address the need for higher-bandwidth and higher-speed optical data and communications transmission devices.
The company’s proprietary integrated transceiver module Fibre-Lyte is claimed to be the world’s smallest and most compact transceiver and has applications in Active Optical Cables (AOC), data storage systems and in transceivers used in data communications.
The proceeds of the financing will provide working capital for Conjunct to further develop its technology.