The prestige and connections of the Fusion Optix investor group, which includes Goldman Sachs and Global Investment Holdings, further underlines the potential for the company and confirms its intention to develop on a global scale.

Funding History

Initial seed funding and working capital was provided by its founder, Dr. Terence Yeo. Series A and Series B investment rounds quickly followed, closing in December 2004 and November 2005 respectively. Funds were provided by a prominent group of independent private equity investors from Boston and Philadelphia.

Fusion Optix subsequently closed its first institutional round, Series C, of investment in May 2006 with investments from Goldman Sachs (London) and Global Investment Holdings (Taipei), via their technology venture capital arm Prudence Capital. This investment followed successful manufacturing trials and the start of the company's sales ramp.

A final insider convertible debt round injected a further $1.7M in between January 2008 and July 2008, positioning the company for growth and scale-up.