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Manufacturing and Retail

ioLight Magnificent Mobile Microscopes

Status: Funded

Aug 24th 2021 - Oct 7th 2021

ioLight makes microscopes that fit in a user's pocket or inside laboratory incubators and display high-resolution images of cells on any mobile phone. The company claims that climate change is driving scientists to the most remote places on earth to look at its impact on the smallest, most fragile organisms. It also stresses that pandemics are driving bioresearch, which relies on monitoring cell growth in incubators. ioLight argues that its products address the aforementioned objectives. The company has sold 400 units to date and aspires to dominate the global microscope market that is worth $9.5 billion and growing at 7.9%. The company has raised £815,000 in equity funding since its launch in 2014 and has featured in two National Geographic videos on Mount Everest and in the BBC Royal Institution Christmas Lectures. It states it will use the investment to accelerate its company revenue and win new opportunities to expand its business.

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  • £259,586
    pledged
  • 129%
    of goal

    £200,000
    target

    £2,772,425
    pre-money valuation

    8.56%
    equity available

    599
    investors

    £433
    pledge per investor

    08905428
    company number

    Active
    company status

    20/02/2014
    incorporated 8 years

    £0.13
    share price

    Previous Funding rounds
    24 Aug 21 Crowdcube £259,586 / 130%

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Funding progress



  • £259,586
    pledged
  • 129%
    of goal

    £200,000
    target

    £2,772,425
    pre-money valuation

    8.56%
    equity available

    599
    investors

    £433
    pledge per investor

    08905428
    company number

    Active
    company status

    20/02/2014
    incorporated 8 years

    £0.13
    share price

    Previous Funding rounds
    24 Aug 21 Crowdcube £259,586 / 130%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph