Chromacity, a leading Scottish laser technology company, has successfully secured over £1 million in new funding from existing investors, including Eos Advisory, Kelvin Capital, and Scottish Enterprise. This significant investment will support the launch of their latest ultrafast laser technology, which is primarily focused on the healthcare market. The funding will also aid in the development of new monitoring instruments for agricultural emissions, contributing to the global drive towards net zero emissions.
Pioneering Healthcare Innovations
Chromacity’s new ultrafast laser technology is set to revolutionize the healthcare industry. The company’s latest product, the ‘920’, is designed for medical imaging and diagnostics. This innovative laser provides an affordable light source for biological imaging, particularly useful in early diagnosis of various medical conditions. The ‘920’ laser illuminates collagen, the primary building block of the body’s connective tissues, allowing researchers to probe inside living cells with minimal damage.
The development of the ‘920’ laser builds on a decade of research and intellectual property development. Chromacity’s commitment to advancing medical technology is evident in their continuous efforts to create products that bring significant value and efficiency to the global healthcare market. The company’s focus on affordability and precision makes their technology accessible to a broader range of medical applications.
In addition to its healthcare applications, Chromacity’s laser technology is also being utilized in advanced research fields such as quantum applications, microscopy, and spectroscopy. The company’s ability to cater to diverse scientific needs underscores its versatility and innovation in the laser technology sector.
Expanding Global Reach
Chromacity is rapidly expanding its network of international customers, including prestigious institutions like Sandia National Laboratories, Harvard University, and the US Air Force. This global reach is a testament to the company’s reputation for delivering high-quality, reliable laser technology. The recent funding will enable Chromacity to further strengthen its presence in the international market and explore new commercial opportunities.
The company’s strategic focus on the healthcare market is expected to drive significant growth. By providing cutting-edge laser technology for medical imaging, Chromacity is positioning itself as a key player in the global healthcare industry. The new funding will also support the company’s efforts to develop innovative solutions for monitoring agricultural emissions, aligning with global sustainability goals.
Chromacity’s commitment to excellence is reflected in its leadership team. The recent appointment of Julian Hayes as CEO brings a wealth of experience in technology business leadership. Hayes, along with a board of industry experts, is poised to guide Chromacity through its next phase of growth and innovation.
Driving Sustainability in Agriculture
In addition to its healthcare innovations, Chromacity is making strides in the field of environmental sustainability. The company has been awarded funding from the Innovate UK programme to develop a new monitoring instrument using its patented infra-red laser technology. This instrument will provide real-time measurements of key greenhouse gases, including methane, ethane, and ammonia, supporting the agricultural sector’s efforts to achieve net zero emissions.
Chromacity’s laser technology offers a precise and efficient solution for monitoring emissions, helping to mitigate the environmental impact of agricultural practices. The company’s focus on sustainability aligns with global efforts to combat climate change and promote environmentally responsible practices. By leveraging their expertise in laser technology, Chromacity is contributing to a more sustainable future.
The development of this monitoring instrument is a significant step towards achieving global sustainability goals. Chromacity’s innovative approach to environmental monitoring demonstrates their commitment to using technology for the greater good. The company’s efforts in this area are expected to have a lasting impact on the agricultural sector and beyond.
