Funding for fibre cable

M2fx, the inventors and producers of Miniflex fibre cables, today announced a new £2m funding round led by existing investor Linnaeus Capital Partner.

The new investment will be used to accelerate the company’s worldwide sales and further expand its customer base, particularly in the Fibre to the Premises (FTTP) market.

The company recently announced that Miniflex has been used in over 25,000 FTTP installations around the world, a figure that is said to be growing at 1,500 every month.