LirOptic Secures Enterprise Ireland PSSF Funding to Drive Innovation and Growth

2nd July 2024 – Dublin, Ireland – LirOptic is thrilled to announce that it has successfully secured funding from Enterprise Ireland’s Pre-Seed Start Fund (PSSF). This investment is set to play a pivotal role in advancing the company's mission to transform the optical lens technology landscape.

With this funding, LirOptic plans to establish the infrastructure necessary to attract world-class customers and additional investment, enabling significant scaling of its operations. This funding will help the company accelerate its growth trajectory and expedite the introduction of innovative solutions to the market.

Founded in 2020, LirOptic has developed groundbreaking solid-state, tuneable optical lens technology. This innovation promises substantial improvements in the size, cost-efficiency, and functionality of optical lens systems, with the potential to revolutionise a range of applications across multiple industries utilising Compact Camera Modules (CCMs). Key sectors include consumer electronics, augmented and virtual reality (AR/VR) cameras, defence, space, and automotive.

“We are excited to partner with Enterprise Ireland through the PSSF,” said Simon Forsyth, CEO and Co-Founder of LirOptic. “This funding not only validates our vision but also provides us with the resources needed to kickstart our ambitious plans. We look forward to enhancing our offerings and expanding our market presence.”

The PSSF initiative reflects Enterprise Ireland’s commitment to fostering innovation and supporting early-stage companies throughout Ireland. By providing essential funding and access to a network of industry experts, the program is designed to accelerate the growth of start-ups across the nation.

As LirOptic moves forward, the company is enthusiastic about the opportunities ahead. It remains dedicated to bringing its revolutionary lens technology to market and making a significant impact in the development of optical systems for the future.

For more updates on our journey and to learn more about our products, visit www.liroptic.com.