Braveheart has increased its investment in a Scottish firm which hopes to help the internet cope with the ever-increasing demands that are placed on it.
The technology investment specialist led a £280,000 funding round in Conjunct, a spin-out from Heriot-Watt University which specialises in transceivers.
These are sophisticated components that are used to convert electronic signals into optical signals.
They play a key part in allowing fibre optic networks to handle the huge amounts of data that modern users want to transfer at high speeds.
Livingston-based Conjunct claims to have developed the world’s smallest transceiver.
It says the Fibre-Lyte transceiver could play an important role in optimising data storage and data communication systems.
The company aims to achieve a significant increase in performance over existing copper-based systems.
AIM-listed Braveheart was impressed enough to have supported a £300,000 funding round in 2008, since when the company has made faster progress than expected.
Conjunct expects to have a super powerful 40 gigabytes per second transceiver ready for trials with potential customers later this year.
Braveheart said the funding round should allow Conjunct to further develop the technology and launch the first product in its target markets.
