M Squared

Glasgow, United Kingdom Founded: 2006 • Age: 20 yrs
Light-sheet microscopy systems are developed for biosciences verticals.
Annual revenue - Latest available
Total funding $30.7M 19 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

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
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name M Squared Lasers Limited
  • Date of Incorporation 03 Feb, 2003
  • Jurisdiction MARYHILL ROAD, GLASGOW
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Technology → Quantum & Emerging Technologies Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Industrial Materials & Resources Unlock Sub-Sector Unlock Segment
Technology → Quantum & Emerging Technologies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • 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
    Not available
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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland
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Development investments are channeled into Scottish enterprises and projects.
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Financial solutions for personal and business banking are provided.
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Investor details for M Squared

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by M Squared

Investments
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Investment portfolio details for M Squared

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Financial Statements - M Squared

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Detailed financials for M Squared

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M Squared Comparisons

M Squared Primary company
Description
Light-sheet microscopy systems are developed for biosciences...
Location
Glasgow, United Kingdom
Founded Year
2006
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for M Squared

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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.

Company Name Domain Founded year HQ Location Description
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Technology tools and systems for molecular scale are developed.
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Fiber lasers are developed and supplied for industrial applications.
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Diode lasers are manufactured for scientific and industrial applications.
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Laser-based and photonics products are manufactured for multiple applications.
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Manufacturer of imaging and surgical products
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Hyperspectral optical microscopes for surface analysis are provided.
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Detailed competitors of M Squared

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Latest news on M Squared

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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.

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

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.

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