Maven Capital Partners (“Maven”), one of the UK’s most active private equity firms, has invested £2.6 million in PowerPhotonic, a leading provider of precision optics for high-power laser systems.

The funding, which follows £2.7m investment by Archangels and Scottish Enterprise over the last 24 months, includes investment from the Maven Income and Growth VCTs and IFS Maven Equity Finance – part of the Investment Fund for Scotland managed by Maven and delivered by the British Business Bank – will enable PowerPhotonic to scale operations across its UK and US facilities.

Headquartered in Dalgety Bay, Scotland, with a high-volume manufacturing facility in Arizona, USA, PowerPhotonic is a global leader in precision micro-optics for laser applications.

The company designs and manufactures complex freeform optics that are essential to enhancing the performance and reliability of laser systems used in demanding sectors such as aerospace, defence, medical devices, and semiconductor manufacturing.

PowerPhotonic’s proprietary, IP-rich technology enables it to manufacture highly complex glass optics with exceptional precision.

Unlike traditional methods, its innovative process can deliver high efficiency, high performance freeform optics, resulting in more reliable, efficient components that enhance laser performance. This unique capability has positioned PowerPhotonic as a trusted partner to some of the world’s leading technology firms

The business is strategically positioned within high-growth sectors where lasers are being increasingly adopted to drive innovation and operational efficiency. Maven’s investment will support further revenue growth across the company’s UK and US operations, fund expansion in sales and marketing, and help target new high-growth verticals.

“PowerPhotonic’s commercially proven technology, strong IP portfolio and experienced team underpin a highly scalable business with significant global potential,” David Milroy, partner at Maven, said.

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“The company operates in sectors where demand for precision optics is accelerating, and its ability to deliver complex, high-performance components sets it apart.

“We are excited to support PowerPhotonic’s next phase of growth and believe the business will significantly benefit from the value-add of a strategic investor with significant experience in growing businesses globally.”

Amanda Robertson, group CEO at PowerPhotonic said: “Joining PowerPhotonic at this exciting juncture is a real privilege.

“The momentum created by this investment opens the door to cutting-edge innovation and deeper collaboration. I’m looking forward to building on the company’s strong foundation and working with our exceptional team to shape the next chapter of our growth.”