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Phase Vision

Enabling manufacturers to increase yields, productivity & quality while reducing failure rates and costs - using patented optical technology

  • Stage $500K in TTM Revenue
  • Industry Industrial/Energy
  • Location Leicester, England, GB
  • Currency GBP
  • Employees 12
  • Website phasevision.com

Company Summary

Manufacture optical shape measurement products for manufacturing, enabling increased yields, productivity and quality and reduce failure rates and costs. Customers often see return on their investment within months of implementation.

Patents ensure differentiation via speed & robustness, enabling use on production lines. Shipping since early 2011 (to Airbus, Rolls Royce, Sellafield) and poised for strong growth as they address a wider market

Team

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    Ralph Weir
    CEO

    A veteran of technology start-ups, having started two businesses, acquired three, and had two successful exits (to Panasonic and Motorola). Career lies in semiconductor sales and marketing, where he was a great strategist, and a key driver for several commercial successes. He is a graduate from University of Strathclyde, with a BSc in Signal Processing.

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    Russell Coggrave
    CTO

    A co-founder of Phase Vision, with over 14 years experience in developing optical measurement instruments and structural testing. He has a broad knowledge of numerical algorithms for image processing and sonar applications, combined with an aptitude for experimental analysis. He received his PhD from Loughborough University, winning the Rank Prize Fund for the best UK PhD thesis in 2002, and the Gatsby fellowship in the same year.

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    Graham Podmore
    Sales Director

    25 years in successful start-ups and multinational businesses. A Mechanical Engineering graduate from Nottingham University, he started his first technology business in 1986 and was responsible for growing sales from £1m to £13m over a 5 year period, with exports over £7m - and a successful exit via trade sale in 1996. His second startup venture had a successful trade exit after 4 years at a >10x multiple. Graham is currently part time.

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    Carol Finnegan
    CFO (Part Time)

    As part-time CFO, Carol has been responsible for the remarkable levels of financial controls that Phase Vision enjoys. She is very much a specialist in early stage companies, providing CFO services to SME’s and financial due diligence work for a VCT. Carol has a BA from University of Birmingham, and is an ACA qualified accountant.

Advisors

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    Osborne Clarke
    Lawyer
    Unconfirmed
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    Mayfields
    Accountant
    Unconfirmed

Previous Investors

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    Octopus Ventures
    Unconfirmed
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    The Lachesis Fund
    Unconfirmed