OPTOSCRIBE, a leading supplier of glass-based integrated photonics components, has closed a series B investment round of £1.8 million in line with its expansion and product supply plans.

The funding was led by Scottish business angel investment syndicate Archangels and supported by existing investors Par Equity, Scottish Investment Bank and the fibre-optic communications specialist’s management team.

Nick Psaila, chief executive at Optoscribe said the recent opening of a new manufacturing facility had enhanced the firm’s ability to supply volume products and support customers’ needs. This latest investment, he continued, would enable it to continue “our focused growth plans and expand both our product portfolio and supply base”.

Archangels’ chief operating officer, David Ovens, said the company had a strong management team and “clear vision in a large and expanding market segment”.