Braveheart led the funding round alongside investors LINC Scotland and Scottish Enterprise’s Co-Investment Fund.
Founded in 2003, as a start-up from Heriot-Watt University, Conjunct was established to commercialise technology for short range, high-speed optical communications.
The company itself is developing a low-cost optical sub-assembly aimed at the datacom market, the size of which has typically been restricted due to the cost of transcievers and the high non-recurring engineering costs involved in their deployment.
The new funding will enable Conjunct to focus on fully developing its so-called ‘Fibre-Lyte’ technology which will be licensed to a range of industrial partners. It will also be used to embed the Fibre-Lyte technology in a range of value added products.
Discussions are already underway with a number of potential customers.