<ul><li>Sheffield-based infrared sensor startup, Phlux Technology, has raised €10.7 million in a Series A funding round.</li><li>The funding will be used to enable the next generation of fibre broadband connectivity and expand into the optical communications and sensing markets.</li><li>Phlux's patented infrared sensors are more sensitive and require less power compared to current alternatives, allowing for faster and more efficient connectivity in applications like fibre-optic broadband and advanced LIDAR sensing.</li><li>The company plans to scale its team, increase production capacity, and strengthen commercial partnerships to meet growing international demand.</li></ul>

Phlux Technology bags over €10 million for their infrared sensor technology

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