UK - Light Blue Optics secures $2.5m seed funding from 3i-led consortium

Light Blue Optics, developer of industry-leading miniature projection technology, today announced the closing of a $2.5m seed funding round. 3i Plc, the FTSE 100 listed global venture capital firm, led the round, which also included investment from NESTA, the Cambridge Capital Group, and local business angels. Founded in 2004, Light Blue Optics has developed a novel, patented laser projection technology, PVProTM, using laser light sources and diffractive techniques.