About M Squared
M Squared is a Healthcare company based in Glasgow (United Kingdom) founded in 2006. Light-sheet microscopy systems are developed for biosciences verticals. It operates in the Healthcare, Technology, and Industrial Goods & Manufacturing sectors. M Squared has raised $30.74 million across 19 funding rounds from investors including Barclays, Santander UK and Scottish Enterprise. M Squared was last valued at $9.75 million in February 2018. Its focus areas include Semiconductors, Photonics, Quantum Optics and Lasers. Its legal entity is M SQUARED LASERS LIMITED.
Company details
Founded in 2006 and based in Glasgow, United Kingdom, light-sheet microscopy systems are developed for sectors including neuroscience, developmental biology, cancer biology, and regenerative medicine. Products span from low-end infrared to high-end infrared spectra. An IOP innovation award was received in 2015. Applications extend to optical metrology and non-destructive testing across biosciences.
- Headquarters Glasgow, United Kingdom
- Stage Minicorn
- SectorsHealthcareTechnology Industrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website m2lasers.com
- Social LinkedIn X Facebook YouTube
- Legal Name M Squared Lasers Limited
- Date of Incorporation 03 Feb, 2003
- Jurisdiction MARYHILL ROAD, GLASGOW
- Total Equity Funding$30.74M (USD)
in 19 rounds
- Latest Funding Round$26.56M (USD), Debt – Conventional
Nov 2020
- InvestorsBarclays
& 5 more
Apps and channels of M Squared
its YouTube channel M Squared Lasers has 71 subscribers and 9 videos.
Videos from M Squared
The most watched videos on M Squared's YouTube channel, M Squared Lasers (71 subscribers). Click a video to play it here.
More on M Squared Lasers.
Funding Insights of M Squared
M Squared has successfully raised a total of $30.74M across 19 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $26.56 million completed in November 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $30.74M
- Total Rounds 19
- Last Round Debt – Conventional — $26.56M
- First Round $591,000
(Nov 2006)
- Investors Count 6
Latest 10 of 19 funding rounds of M Squared with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2020 | $16.6M | Series B | – | BGF | |
| Nov 2020 | $26.56M | Debt – Conventional | – | – | |
| Oct 2020 | $720,918 | Grant | – | – | |
| Jan 2020 | $1.18M | Grant | – | – | |
| Nov 2019 | $845,379 | Grant | – | – | |
| Jul 2019 | $3.53M | Grant | – | – | |
| Feb 2018 | $140,000 | Series A | $9.75M | – | – |
| Jan 2018 | $533,394 | Grant | – | – | |
| Sep 2017 | $127,597 | Grant | – | – | |
| Sep 2017 | $123,339 | Grant | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2018 | $9.75M | •••••••• |
| Nov 2006 | $4.1M | •••••••• |
Last known valuation $9.75M (Feb 2018). 6 investors in total: 6 institutional.
Investors in M Squared
M Squared has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Barclays, Santander UK and Scottish Enterprise.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland | bgf.co.uk | Belfast, United Kingdom | ||
Development investments are channeled into Scottish enterprises and projects. | 2020 | thebank.scot | Edinburgh, United Kingdom | |
Financial solutions for personal and business banking are provided. | 2004 | santander.co.uk | London, United Kingdom | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Business development and leadership training programs are offered to companies. | 1991 | scottish-enterprise.com | Glasgow, United Kingdom | |
Diversified financial services are provided across global markets. | 1690 | home.barclays | London, United Kingdom |
Investor details for M Squared
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of M Squared
21 people are tracked at M Squared (10 in leadership, 11 in team).
| Name | Role | Group |
|---|---|---|
Angus Kennedy Morrison | Director | Leadership |
Nils Hempler | Chief Operating Officer | Leadership |
Graeme Ogle FCIPD | Head of People and Learning | Leadership |
Sruthi Viswam | Head of Scientific Product Specialists | Leadership |
Graeme Malcolm OBE | CEO and Founder | Leadership |
Craig Picken | Director Of Quantum Computing Programme | Leadership |
Walter Lubeigt | Director Of Manufacturing Engineering | Leadership |
John Nicholls | General Manager - Semiconductors, Displays & Metrology | Leadership |
Andrew J. MacDonald | Director Of Manufacturing Material Control | Leadership |
Angus Morrison | Director | Leadership |
Ilian Despard | Senior Quantum Technology Scientist | Team |
Joshua Hughes | Quantum Technology Scientist | Team |
Alexander Bunting | Quantum Technology Scientist | Team |
Jonathan Malcolm | Quantum Technology Scientist | Team |
Chris Miller | DSP Engineer | Team |
Silvio Marx | Scientific Product Specialist | Team |
Ian Danskin | Finance Manager | Team |
Stuart Malcolm | Group General Counsel At M Squared Technologies Group Limited | Team |
Ted Borger | Service Engineer | Team |
Gunnar Spickermann | Research And Development Engineer | Team |
1 more people are available in the full profile.
Complete people profiles for M Squared
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of M Squared
4 dated milestones of M Squared across 14 years, from founding to its latest funding, stage changes and deals.
- Founded M Squared is founded.
- Funding First funding round of $591K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Debt – Conventional, of $26.6M.
Web traffic of M Squared
The website of M Squared (m2lasers.com) receives about 4.9K visits a month.
- Monthly visits4.9K
▼ 28.2% vs previous month
Websites whose visitors overlap most with M Squared. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| hamamatsu.com | 100% | 267.6K | #159,482 | View details | |
| spectra-physics.com | 64% | 34.7K | #881,828 | View details | |
ggos.org | ggos.org | 51% | – | ||
glasgowcityinnovationdistrict.com | glasgowcityinnovationdistrict.com | 32% | #2,418,504 | – |
Top companies in Life Sciences Platforms & Tools
3 companies that operate in the same segment as M Squared (Life Sciences Platforms & Tools) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Nanopore-based electronic systems for single-molecule analysis are developed. | 2005 | Oxford, Oxfordshire, United Kingdom | USD 1.34 B | USD 301.49 M | 1,372 | |
Genetically modified cell lines are developed using AAV gene-editing platform. | 2007 | Cambridge, Cambridgeshire, United Kingdom | USD 46.29 M | |||
Biological reagents and antibodies are developed for life science research. | 1998 | Cambridge, Cambridgeshire, United Kingdom | USD 78.8 M |
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Related news about M Squared
Complete news archive for M Squared
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Frequently Asked Questions about M Squared
M Squared was founded in 2006.
M Squared is headquartered in Glasgow, United Kingdom. It is registered at Glasgow, Scotland, United Kingdom.
M Squared is a funded company, having raised a total of $30.74M across 19 funding rounds to date. The company's 1st funding round was a Grant of $123.34K, raised on Nov 2006.
Founded in 2006 and based in Glasgow, United Kingdom, light-sheet microscopy systems are developed for sectors including neuroscience, developmental biology, cancer biology, and regenerative medicine. Products span from low-end infrared to high-end infrared spectra. An IOP innovation award was received in 2015. Applications extend to optical metrology and non-destructive testing across biosciences.
M Squared has 6 investors. Key investors include Barclays, Santander UK, Scottish Enterprise, European Union, and The Scottish National Investment Bank.
The valuation of M Squared is $9.75M as of Feb 2018.
M Squared operates through M Squared Lasers Limited.