3 years ago

Phlux Technology Secures £4 Million to Revolutionize Sensor Market with Antimony-Based LIDAR

  • Phlux Technology, a University of Sheffield spinout, has raised £4 million in seed funding led by Octopus Ventures

  • The company develops "single element" sensors for LIDAR, a technology used by autonomous vehicles

  • Phlux Technology aims to become the "Nvidia of the sensor market" by using antimony to create more sensitive and longer-range LIDAR sensors

  • The funding will be used to hire engineers and develop the sensor into a full toolkit

  • Phlux Technology's sensor technology has potential applications beyond LIDAR, including satellite communication, fiber telecoms, and quantum communications.

    • ProblemTechnology

      "Current LIDAR sensors lack the sensitivity and range needed for widespread adoption in autonomous vehicles and other industries."

      Solution

      "Developing a novel LIDAR sensor chip based on antimony, a semi-metal element, to offer ten times greater sensitivity and 50% increased range compared to existing silicon-based sensors."

      Covered on