Living Optics raises $20M led by BRV, with Lockheed Martin, Applied and Lam Research backing hyperspectral vision

Oxford physics spin-out Living Optics raised an oversubscribed $20M growth round led by BRV Capital Management, with new strategic investors Lockheed Martin Ventures, Applied Ventures, Lam Capital, GK Goh and the British Business Bank, alongside existing backers Octopus Ventures, Foresight Group, OTIF Ventures, Oxford Science Enterprises and Braavos. Its computational hyperspectral cameras combine custom optics with computer-vision models to read material composition in real time for industrial inspection, defence, life sciences and environmental monitoring. The investor mix points at semiconductor inspection and defence as the first scaled markets. Sensor-plus-model hardware is attracting the same strategic money as pure software vision.