M Squared

Glasgow, United Kingdom Founded: 2006 • Age: 20 yrs
Light-sheet microscopy systems are developed for biosciences verticals.
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About M Squared

M Squared is a company based in Glasgow (United Kingdom) founded in 2006.. M Squared has raised $30.74 million across 19 funding rounds from investors including Barclays, Santander UK and Scottish Enterprise. M Squared operates in a competitive market with competitors including Oxford Instruments, nLIGHT, Toptica Photonics, Coherent and Olympus, among others.

  • Headquarter Glasgow, United Kingdom
  • Stage Minicorn
  • Sectors
    Healthcare
    Technology Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name M Squared Lasers Limited
  • Date of Incorporation 03 Feb, 2003
  • Jurisdiction MARYHILL ROAD, GLASGOW
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Technology → Quantum & Emerging Technologies
Industrial Goods & Manufacturing → Industrial Materials & Resources
Technology → Quantum & Emerging Technologies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $30.74 M (USD)

    in 19 rounds

  • Latest Funding Round
    $26.56 M (USD), Debt – Conventional

    Nov 23, 2020

  • Investors
    Barclays

    & 5 more

  • Employee Count
    Employee Count
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People of M Squared
Headcount 50-200
Employee Profiles 20
Employee Profiles
People
Ilian Despard
Senior Quantum Technology Scientist
People
Nils Hempler
Chief Operating Officer
People
Joshua Hughes
Quantum Technology Scientist
People
Graeme Ogle FCIPD
Head of People and Learning

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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
  • Total Rounds 19
  • Last Round Debt – Conventional — $26.6M
  • First Round

    (30 Nov 2006)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2020 Amount Series B - M Squared Valuation BGF
Nov, 2020 Amount Debt – Conventional - M Squared Valuation

investors

Oct, 2020 Amount Grant - M Squared Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland
Founded Year Domain Location
Development investments are channeled into Scottish enterprises and projects.
Founded Year Domain Location
Financial solutions for personal and business banking are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by M Squared

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - M Squared

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

M Squared Comparisons

Employees
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Competitors of M Squared

M Squared operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Oxford Instruments, nLIGHT, Toptica Photonics, Coherent and Olympus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Technology tools and systems for molecular scale are developed.
domain founded_year HQ Location
Fiber lasers are developed and supplied for industrial applications.
domain founded_year HQ Location
Diode lasers are manufactured for scientific and industrial applications.
domain founded_year HQ Location
Laser-based and photonics products are manufactured for multiple applications.
domain founded_year HQ Location
Manufacturer of imaging and surgical products
domain founded_year HQ Location
Hyperspectral optical microscopes for surface analysis are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on M Squared

Frequently Asked Questions about M Squared

When was M Squared founded?

M Squared was founded in 2006.

Where is M Squared located?

M Squared is headquartered in Glasgow, United Kingdom. It is registered at Glasgow, Scotland, United Kingdom.

Is M Squared a funded company?

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 $720.92K, raised on Nov 30, 2006.

What does M Squared do?

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.

Who are the top competitors of M Squared?

M Squared's top competitors include nLIGHT, Oxford Instruments and Olympus.

Who are M Squared's investors?

M Squared has 6 investors. Key investors include Barclays, Santander UK, Scottish Enterprise, European Union, and The Scottish National Investment Bank.

What is M Squared's valuation?

The valuation of M Squared is $9.75M as of Feb 2018.

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